Multinational pooling enables companies with personnel in multiple countries to combine all of their insured risk together, in order to reduce premiums and ease administration. Multinational pooling also enables clients to avoid issues like costly minimum premiums and underwriting restrictions based on small groups of employees in specific countries.
Could multinational pooling create significant savings for your company?
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Bellwood Prestbury is an independent international insurance expert. As such we are able to compare all the multinational pooling networks to find the most effective for your geographic spread, your benefits coverage, and your specific personnel profile.
To find out more about how multinational pooling works, download our Guide to multinational pooling here. If you already have multinational pooling arrangements in place but would be interested in an independent assessment, take a look at our multinational pooling review services.
Any multinational with subsidiary companies in two or more countries offering insurance or employee benefits packages may be able to benefit from multinational pooling. In particular, premium and administrative savings can be made:
Utilising multinational pooling schemes enables us to improve risk/cost ratios, while reducing the administrative burden. For example, for one client, moving cover from individual local schemes to a multinational pooling arrangement removed the need for most employees to be individually underwritten, reducing premiums. In another case, an annual multinational pooling dividend – a rebate based on a low claims year – amounted to tens of thousands of pounds.
To find out how Bellwood Prestbury could help you to benefit from multinational pooling, call us on:
