November 2018
As detailed by our partners in France (please refer to the network partner interviews for more information), MyGEB is helping to grow multinational pooling opportunities amongst local middle market companies.
The MyGEB communication and support platform is very simple to use. After indicating in which countries their client is present, the user can either fill in some data (premiums, claims) that they have available or use the estimates of the Generali portfolio to get an indication of what the benefits of the client would look like within a GEB pool.
The resultant simulation not only shows the cost savings that can be made via access to local and bespoke insurance contracts, plus potential dividend payouts, but also includes essential country benefits information (including state benefits) allowing employers to see at a glance what’s available in the countries in which they operate.
This benefits information is updated annually and includes local mandatory plans and most used supplementary employee benefit arrangements.
This form of reporting is available via the platform in multiple languages, including French, Italian, German, Spanish, Portuguese, Russian, Chinese & Japanese.
MyGEB is well received by the market. Brokers tell us it’s easy to use, yet provides valuable information for existing and prospective clients, helping to give a clear and meaningful example of the way in which multinational pooling could work for their company.