Multinational Aggregate Pooling System (MAPS)
The ING-MAPS pool allows smaller multinational companies to share in the benefits from a pool. The claims experiences of a number of smaller companies are combined into one larger pool, spreading risk and providing economies of scale. In order to qualify, a company must have a group contract based on a minimum of 50 employees in more than one country.
Although a company is eligible for a stand-alone pooling agreement at 300 lives, a client can still opt for the Aggregate Pooling System if the number of employees in the pool lies between 300 and 1000. This gives a multinational the opportunity to benefit from the additional protection of the Aggregate Pooling System against adverse experience.
Settlement of Dividend:
- Annually
- Aggregate Share: the part of the positive balance used to compensate the negative pooling balances of other companies, including the stop loss premium
The Results
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