Global EB Captive Solution

In reaction to the pandemic and the hardening insurance market on a global level, many multinational corporations have increased their search for alternative risk financing solutions, either to gain control over insurance costs or to expand their risk management strategies.

Captives have proven to be a flexible and efficient risk management tool to manage emerging risks and finance insurance programs in the employee benefits (EB) area; especially where certain risks cannot be taken on under standard local insurance plans and/or to add new benefits (e.g., diversity-oriented employee benefits).

Since establishing the first captive program in 2009, Allianz Global Benefits has been committed to leading the way in terms of innovation, flexibility, and service quality.

Driven by the intention to improve our end-to-end business model for employee benefits and to achieve simplicity and strong customer value across all areas of the business, we have constantly enhanced our captive proposition.

Strong set of services to meet clients’ needs

The focus of attention has been on improving the service quality provided by our life and health network, allowing corporate clients to centrally steer their captive program while having maximum transparency on their plans, fees, data and risk transfer. Therefore, an extensive set of core services address the changing client needs today and in the long term:

(1) Best in class account management

(2) Accommodation of new product features

(3) Interactive client portal

(4) Automated and digitalized reporting

(5) Collateral options

(6) Quality network management

(7) Enhanced technical value chain

(8) Additional solutions

More detailed information on our eight core services will follow soon.