There’s been increasing interest in captive-financing of employee benefits from large multinationals in recent years.
The value unlocked from captive financing of employee benefits can be significant:
- faster access to more comprehensive data
- more decision-making control relating to coverage conditions and program design, and;
- financial savings with more sustainable, predictable costs relative to other insurance-based approaches.
How captive-financing work for employee benefits
The captive (an insurance company owned by a multinational parent) secures a license to (re)insurance risks relating to all or a subset of life, accident, disability and medical benefits provided by its subsidiaries around the world.
To continue reading about the value proposition of captive-financing for employee benefits and the accompanying changes in the underlying governance framework – download the report below.