Economics of scale on upfront review
Two years GTL rate commitment
Leverage on portfolio experience for medical renewal
Centralised reporting
(Annual claims and performance reports)
Convertible to AIA Pooling or Captive Solution
Economics of scale on upfront review
Two years GTL rate commitment
Leverage on portfolio experience for medical renewal
Centralised reporting
(Annual claims and performance reports)
Convertible to AIA Pooling or Captive Solution
Products
Multi Company RPM
Company size
100 Employees
Company sector
Wholesaler
ABC Corporation, a small multinational company (MNC) with over 100 employees across four countries, needed consolidated insurance solutions for employee benefits to streamline operations and improve efficiency.
The Problem:
Managing employee benefits programs separately in each country led to fragmented policies, varying terms, and complex administrative processes. This resulted in inefficiencies, increased costs, and difficulty obtaining favorable terms and conditions.
The Solution:
ABC Corporation chose the Multi Company Regional Portfolio Management (RPM) program to address these challenges. The solution offered enhanced terms and conditions, alleviated administration load, consolidated reporting, better risk spreading, and future flexibility for converting to AIA Pooling or Captive Solution.
The Results:
By implementing the Multi Company RPM program, ABC Corporation consolidated employee benefits, improved efficiency, reduced costs, and established a foundation for future growth as an emerging MNC.
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