Tag Archive For "corporate insurance solutions"
Top 3 employee benefits priorities in 2021
The impact of the COVID-19 pandemic has been disastrous for businesses, and uncertainty remains as to when things will go back to normalcy. As employers and employees face turbulent times ahead, it begs to question: what is the role of employee benefits plans in 2021? On the one hand, employers may want to adjust their …
Corporate insurance renewal: 6 things to consider
Corporate risks come in many guises. From natural disasters and cyber crime, to poor conduct and penalties for non-compliance, the myriad of risks facing corporations are seemingly endless and ever-evolving. Unexpected mishaps can pop up at any time, potentially leading to detrimental outcomes – even for organizations with the most robust balance sheets. Alongside the …
What are the advantages to outsourcing employee benefits management for your company?
Outsourcing isn’t the taboo subject it once was. There are, understandably, people who will think of redundancies and work moving offshore but, for many modern businesses constantly searching for flexibility and cost efficiencies, shifting duties to third parties can be a smart way to reduce your company’s investment in an area while boosting its effectiveness. …
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 …
Are you getting the best from your employee benefits broker?
Did you know that brokers and intermediaries account for a significant majority of the businesses in the insurance sector? This is an important point to know when it comes to ensuring you’re getting the best corporate benefits package in the market. Many are well aware of big-name players like Bupa Global and Cigna Global, as …
Employee benefits planning: communicating important changes to your staff
For many HR teams, a change in employee benefits can seem like a coming tidal wave looming on the horizon. The top of that wave peaks white with inevitable questions from staff about the new package. Perhaps the rising roar of it warns of the potential discontent of those thinking they’re losing value in their …
Global health insurance provider Aetna buys Bupa Thailand
At the end of July, leading global health insurance provider Aetna Inc. announced that it had acquired UK-based Bupa Group’s Thai business, Bupa Thailand, for an undisclosed amount. The acquisition allows Aetna to significantly increase its presence in the Asia region, and is key to their strategy to go ‘broader and deeper’ into local healthcare …