Why would your company need a penetration test?
“Better the devil you know than the devil you don’t” describes the essence of penetration tests. With the rise of hacker attacks on the firms’ databases, services, networks and bank accounts, assessing a company’s cybersecurity before hackers do is crucial for every business. One security breach can result in the permanent loss of clients and …
Renewing employee benefits: Why should you stay with your current provider?
Among all of the annual costs facing businesses these days, compensation and benefits packages remain among one of their largest expenses. Salaries take a significant chunk out of operating budgets and employee benefits will often not be far behind. With benefit plans being annual contracts, companies will be regularly faced with the option of renewing …
Creating greater support for diversity and inclusion with group insurance
Modern work environments shouldn’t just be about having kitsch, funky work spaces. It’s also about creating a non-physical environment that supports the changing face of the people who work within your office. Diversity and inclusion goals are becoming more and more common in today’s workplaces for the benefits they bring – but have you considered …
Employee benefits solutions engagement: Is your company reaping the rewards?
Offering employee benefits solutions isn’t just to support staff, it should also benefit your company. Having a global employee benefits strategy is simply lip service if you’re not reviewing how your benefits plan is performing. Engagement is one key measure that can tell you how healthy your package is. Are your staff aware of the …
How a consultant can help support your comprehensive benefits package
A common phrase used a lot in sales is “Cut out the middleman!”. This is often followed by sentiments like “Go betweens are costly”, and “they add very little benefit to you as a consumer”. That may be true in some industries but, in the world of corporate insurance, the right consultant can really enhance …
Insurance brokers vs agents: Key differences explained
Those on the hunt for corporate insurance will quickly discover that not only do countless plans exist, but so do a variety of different distribution channels in the market. There are insurance companies that you can buy from directly, agents who will sell plans on the insurers’ behalf, and brokers that search and compare coverage …
Challenges for Businesses Implementing Group Health Insurance Plans in 2018
We’re still at the start of 2018, but if this coming year is anything like the past couple of years, it’s going to be a big one for small business. For example, the number of new job seekers taking it upon themselves to start their own business at the end of 2016 was the highest …
Why would your company need a penetration test?
“Better the devil you know than the devil you don’t” describes the essence of penetration tests. With the rise of hacker attacks on the firms’ databases, services, networks and bank accounts, assessing a company’s cybersecurity before hackers do is crucial for every business. One security breach can result in the permanent loss of clients and …
New inflation infographic release by Pacific Prime
At Pacific Prime, we strive to be much more than just an insurance broker. We want to be a trusted resource that our members can depend on, but also – even more than that – a trusted resource for anyone that wants to learn more insurance and how it relates to healthcare around the world. …
Health insurance trends: Is lower inflation sustainable?
In our latest report on international private medical insurance (IPMI), we highlighted a new health insurance trend: globally, IPMI premium inflation was lower in 2017. This means that premiums did not increase by as much overall when compared to previous years. The thing is, it is important to look at whether this trend is sustainable, …
New inflation infographic release by Pacific Prime
At Pacific Prime, we strive to be much more than just an insurance broker. We want to be a trusted resource that our members can depend on, but also – even more than that – a trusted resource for anyone that wants to learn more insurance and how it relates to healthcare around the world. …
New Ecuador visa requirements: Expats must show proof of health insurance
New Ecuador visa requirements have now made it mandatory for all long term tourists, temporary residents, and permanent residents including expats to have health insurance that covers them for the entire duration of their stay in the country. It is therefore essential for anyone visiting or moving to Ecuador to be aware of the recent …
The most and least expensive countries for private international health insurance
Just over a week ago, we announced the release of our Cost of International Health Insurance report for 2017. This annual study collects the prices of international plans in 100 different countries and compares them to give insurers, intermediaries, and consumers a better understanding of what their own premium costs are. This week, we’re looking …
Back-to-work strategy: How to help new parents transition back to work
Returning to work after taking time out can be tough, especially for new parents. Assuming most companies want to retain their talented returnees, it behooves employers to address the reintroduction of employees to the workplace and provide a softer landing for returning new parents. But, how can employers better facilitate new parents returning to work? …
Second opinions, you, and your insurance: Getting it right
If you’re like us, you live in a world where time is the most precious resource around. We take care to fill every moment with our days to the point that we even plan out specific windows with which to relax, and then we’re right back to the grind. Perhaps because of this, getting injured …
Primary care delivery: What it is and why it’s important
Primary care delivery is a topic that really should be a more common feature of discussions about global healthcare. This is because utilizing primary care services can make such a difference in a given person’s day to day life. Still there are many parts of the world where primary care delivery is largely absent from …
Out of the shadows: Making mental health a priority for Hong Kong employers
Mental health issues are pervasive across the world, in virtually every population; affecting all of us either directly or indirectly. Hong Kong, with its frenetic and competitive work culture, is no stranger to this phenomenon. In fact, it has been estimated that about 32 percent of employees in 2016 were classed as having unsatisfactory mental …
Pacific Prime’s newly released School Insurance Guide 2018-2019
Our newly released School Insurance Guide 2018-219 leverages our team’s extensive knowledge in the industry to highlight the most essential insurance solutions for international and private schools. Running a private school is not much different than operating any other type of business. Sometimes, things can go wrong. One accident can ruin the reputation of even …
Supporting education for children with charity Room to Read
Pacific Prime has been a supporter of the global charity, Room to Read, for almost a decade now. The organization believes that “world change starts with educated children”, and is a view shared by our own company. This year, we partnered again with Room to Read to assist with the construction of a new school …
Pacific Prime’s updated Privacy Policy
On May 25th the European Union’s data privacy law will become enforceable. Due to the wide-reaching nature of this law, and increased awareness and importance of data privacy around the world, we have updated our Privacy Policy. In this article we will take a look at the new EU regulation, the changes to our policy, …