Insurope has over 55 years of experience in helping multinational companies coordinate their global benefit plans through Multinational Pooling programs. Insurope is the market leader of global risk solutions for employee benefits, and we offer a wide range of products tailored to our client's needs, sizes, and risk profiles.
Multinational pooling is a well‐established mechanism used by multinational companies as a vehicle to offer employee benefits cost-effectively.
With Insurope’s support, the local insurers that form the Insurope Network consolidate the results of their employee benefit plans - life, disability, medical, and retirement within the pool's framework. Premiums are paid by the subsidiaries to the Network Members that manage the local plans – including underwriting, contractual terms and conditions, claims handling, etc.
At the end of each year, the Network Members submit the results of their local insurance plans to Insurope. With this data, an annual report is prepared to detail the premiums paid by the subsidiaries, claims, reserves, and expenses.
If there is a surplus, the company can receive a multinational dividend. Similarly, any deficit that results will be treated in accordance with the terms for the pooling system.
Another important advantage of multinational pooling is the Free Cover Limits. With these, Insurope's Network Members can offer high levels of coverage for life and disability without the need to provide medical evidence.
We offer a variety of multinational pooling systems which ensure a flexible solution for the global risk financing of a multinational’s worldwide employee benefits. Our main products are:
For multinational companies with less than 1,500 lives included in the Insurope pool, and less than EUR 400,000 annual risk premium for life and disability.
For multinational companies with more than 1,500 lives included in the Insurope pool, and an annual risk premium for life and disability of over EUR 400,000.
Our service approach allows each multinational company to have seamless access to the regional and local Insurope contacts, as well as the local experts from our Insurope Network Members.
Insurope is responsible for the overall management of the multinational pooling program.
The local Insurope Network Members provide services to the local subsidiary and are responsible for the underwriting, contractual terms and conditions, claims handling, etc.