Research: Unlocking potential: global approaches to insurable benefit financing

For multinationals, the annual cost of employee health and risk benefits is enormous. This research report from Willis Towers Watson explores the way companies use multinational pooling and captive arrangements to unlock cost savings.

Key findings:

  • Well-managed pooling arrangements can achieve savings of 15% or more.
  • Captive arrangements can achieve higher savings of 25% or more, but additional costs are incurred to maintain these.
  • Employee benefit captives are now an established part of the insurable risks financing landscape.
  • The way to sustained success includes defining, communicating and executing a global benefit financing strategy.

The Multinational Pooling and Benefit Captives research report 2016/2017 uses data from more than 1,500 annual reports that are submitted by over 200 multinational companies. The benefits covered include life, accident, disability, medical and some retirement plans that have risk-related elements, such as spouse or orphan benefits.