During the 2018 European & UK Captive Review Awards ceremony, the only event on the continent dedicated to captive insurance expertise, excellence and innovation, we were awarded the top accolade in two categories - Healthcare Captive Specialist and Employee Benefits (EB) Fronting Network.
We would like to give a special thank you to our teams and local Network Partners: it’s down to their dedication, skills and commitment that this achievement has become a reality.
As EB Fronting Network, GEB has shifted from a function of data aggregator to a more sophisticated function of service aggregator. This fundamental transition is reflected in various ways, including the launch of detailed reporting, enhanced connections with Network partners, sharing of detailed benchmarking information and support for sophisticated funding strategies.
As Healthcare Captive Specialist, GEB moved from being just a payer to being a true partner. This shift is essential to respond to the increasing need of multinational employers, especially those who are self-insured through a captive, to change the health of all employees and their dependants. Successful healthcare captives are strengthening their partnerships with their global network providers such as GEB, using superior data analytics, as well as expert insights and recommendations to focus on managing behaviours and costs. GEB pioneered global medical dashboards for captives in 2012, but stepped up our game this year in terms of content, format and functionality, providing unparalleled access to clear and illuminating information.
Ludovic Bayard, GEB’s General Manager commented: “These awards recognise the ability of the GEB Network to front and service large multinational companies. As the pioneer of captive-backed employee benefits insurance programmes in the 1990s, we’re committed to leading in this space, investing in integrated solutions tailored to the complex needs of today’s employers and employees”.