But why?

Posted at August 10, 2010

Why compare benefits and premiums?

Multinational pooling brings the risks from a network of local insurance providers together to achieve savings and underwriting benefits based on the risk as a whole. But each network has a single specified local insurer in each individual country.

This means that whilst one network may provide the best possible coverage in some of your territories, a different network might better serve other areas. We will help you to compare benefits and premiums across all of the available networks to establish:

  • Whether you have the best possible benefits coverage from your scheme in all the geographic areas in which you operate
  • If you could make significant savings by moving to a different network provider
  • The possibility that two pooling arrangements might give you better coverage
  • The opportunity for renegotiation with your existing provider to simplify underwriting, improve cover or reduce existing premiums
  • Whether dividends based on previous low claim performance could significantly improve costs
    • General explanation

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