TAILORED SOLUTIONS

TO HELP YOUR GROWTH

With almost 140 local insurance companies in 123 markets, we at MAXIS GBN, combine local expertise with global insight to help multinational employers deliver the employee benefits needed to care for their people, while meeting their strategic goals.

Our four core solutions and Health & Wellness offering are designed to help you meet your strategic goals while still caring for your people. These solutions complement our other services that are tailored to meet specific employer needs. And, as well as what we offer at a global level, our members also support employers with local solutions.

Our solutions and services

Local solutionsWith their unique insight into local markets, our member insurers offer a wealth of knowledge and experience. This

enables them to meet the needs of multinationals in a specific country, region or market. We partner with more

than one member in several markets, so we can offer you a competitive approach and a variety of local options.

MAXIS Global Captive Solution

MAXIS Global

Risk Solution

MAXIS Global

Pool

MAXIS Global

Preferred Data

Solution

Strong underwriting and local expertise available at global HQ

Access to Health & Wellness team and best-in-class global medical dashboard reports

Full underwriting profit remains with the employer

Improved pricing / upfront discounts

Opportunity for better terms & conditions

Potential dividends

Quarterly reports

Annual reports

Dedicated account manager at global, regional and local level

Services provided by MAXIS GBN, by solution

As a multinational business you may find that a captive insurance company is the best option for creating and administering a global risk management programme.

Captives are an ever-growing part of the employee benefits landscape and our MAXIS Global Captive Solution provides highly efficient risk management for a multinational employer looking to set up an employee benefits captive programme. As the employer, you retain the underwriting profit while gaining access to our strong technical expertise, local-to-global coordination and comprehensive financial data analysis.

The basicsWith a captive, the risk of local policies in scope is

ceded to a central reinsurer, and then retroceded to the

multinational employer’s captive insurance company.

All types of insurance coverage can be placed into a

captive arrangement.

The main benefitsWith our MAXIS Global Captive Solution,

the underwriting profit remains with you, the

employer. There is also increased flexibility

in designing employee benefit plans and the

opportunity to improve terms and conditions.

MAXIS Global Captive Solution

What we offerWe can help you set up a new employee benefits captive programme or get the most out of your risk benefits financing by offering:

a dedicated global underwriter and direct access to MAXIS GBN’s technical expertise

committed account managers at global, regional and local level, working closely with you and your local subsidiaries, supporting you in the resolution of issues if, and when they arise

a consultative approach on the diversification of risk to balance your captive reinsurance portfolio and reduce volatility

insight, guidance and benchmarking knowledge during the renewals process

a variety of cash flow options with premium cessions available in advance or in arrears, annually or quarterly, and programme protections

comprehensive financial data analysis in quarterly bordereaux and annual reports, showing all income and expenses of the policies included

world-leading Health & Wellness reports and support - our MAXIS Global Medical Dashboard reports provide a holistic view of health issues by identifying country-specific trends and cost drivers, and our dedicated Health & Wellness team will help evaluate report data and consider practical health and wellness programmes

Is this the right solution for you?We would recommend this solution for multinational companies with:

centralised management of employee benefits worldwide, with or without an existing captive arrangement

a minimum of two policies placed in two different countries, with at least 100 lives in each

a minimum US$10,000 premium in each country

at least US$3m premium across all policies.

Further conditions may be placed to access this solution.

With increasingly complicated regulations and pressure to better manage and anticipate benefit spending, as an employer, you are probably exploring new ways to optimise your worldwide employee benefits.

Our MAXIS Global Risk Solution leverages centralised decision making and reinsurance through a longer-term commitment benefitting you, the multinational employer (typically over three years). The portfolio is underwritten at a global level, which enables us to deliver upfront discounts and better terms and conditions.

The basicsThrough reinsurance, your local employee benefits programmes can be combined to form an international pool. Although this is a non-profit-sharing arrangement, better pricing and discounts can be delivered in advance this way, eliminating the complexities and the time lag of pool payments.

Eligible coverages include any group policies: death benefits for any cause, survivor income benefits, group disability benefits, risk coverages under pension plans, and medical coverage.

The main benefitsUsing the MAXIS Global Risk Solution, employers can achieve stronger global governance and better execute their global employee benefits strategy.

Pricing the risk at a global portfolio level means that employers can achieve better terms and conditions. We are also able to provide rate guarantees for any life policies included of up to three years, and potentially improved free-cover limits.

MAXIS Global Risk Solution

MAXIS Global Risk Solution

What we offer dedicated account managers at global, regional and

local level, working closely with you and supporting

you in the resolution of issues that may arise

a consultative approach on the diversification of

risk to balance the portfolio and reduce volatility

strong underwriting expertise, with in-depth

knowledge of local risk factors through our

local members

competitive upfront rates, enhanced policy terms

and conditions, rate guarantees, alignment of key

terms and conditions, and potentially improved

free-cover limits on the worldwide population

comprehensive financial data analysis in annual

reports, showing all income and expenses of

policies included

insight, guidance and benchmarking knowledge

during the renewals process

world-leading Health & Wellness reports and

support - our MAXIS Global Medical Dashboard

reports provide a holistic view of health issues by

identifying country-specific trends and cost drivers,

and our dedicated Health & Wellness team will help

evaluate report data and consider practical health

and wellness programmes.

Is this the right solution for you?We would recommend this solution for multinational

companies:

with centralised management of employee

benefits worldwide, and/or who are expanding

internationally

operating in at least three countries, with a

minimum of 100 lives in each

a minimum US$10,000 premium in each country

with at least US$3m premium across all policies.

Please note this should include policies that are new to MAXIS

GBN. Employers with an existing pool are subject to additional

conditions in order to transfer some or all policies to this solution.

Further conditions may be placed to access this solution.

For companies expanding internationally, pooling has been an effective financial arrangement for managing global employee benefit programmes since it was first adopted in the 1950s.

Our MAXIS Global Pool combines local benefits programmes into an international pool through reinsurance. This leverages your global purchasing power to deliver stronger risk management, better global governance and potential dividends.

The basicsThrough reinsurance, your employee benefits

programmes are combined to form an international

pool in a profit-sharing arrangement.

Eligible coverages can include any group policies: death

benefits for any cause, survivor income benefits, group

disability benefits, risk coverages under pension plans,

and medical and dental coverage.

The main benefitsUsing our MAXIS Global Pool means you can better

execute your global employee benefits strategy while

maintaining stronger global governance and control.

The MAXIS Global Pool solution is a profit-

sharing arrangement, with the potential for pool

payments if the year-end portfolio balance

is positive, based on the aggregate results for

all policies that participate in the pool.

MAXIS Global Pool

What we offerWe can set up a new MAXIS Global Pool or help you move new policies in to an existing pool with us.

dedicated account managers at global, regional and local level, working closely with you and supporting you in the resolution of issues as they arise

a consultative approach on the diversification of risk to balance the portfolio and reduce volatility

strong underwriting expertise, with in-depth knowledge of local risk factors through our local members

participation in the financial performance of the pool through potential payments

different accounting approaches to suit all types of risk management such as indefinite loss carry forward, deficit write-off, individual stop loss, and programme protections

comprehensive financial data analysis in annual reports, showing all income and expenses of the policies included

insight, guidance and benchmarking knowledge during renewals process

world-leading Health & Wellness reports and support - our MAXIS Global Medical Dashboard reports provide a holistic view of health issues by identifying country-specific trends and cost drivers, and our dedicated Health & Wellness team will help evaluate report data and consider practical health and wellness programmes.

Is this the right solution for you? We would recommend this solution for multinational companies:

with employees in several countries and/or expanding internationally

covering at least two countries with a minimum of 100 lives in each

with a minimum US $10,000 premium in each country

with at least a US $300,000 premium across all policies.

Please note this should include policies that are new to MAXIS GBN. Further conditions may be placed to access this solution.

As a multinational employer, you know the challenges of global risk management have become more complex and recognise that accurate information is key to successful global programme management.

Our MAXIS Global Preferred Data Solution delivers consolidated financial data to multinational employers, providing better global oversight and risk management.

The basicsWe know that accurate financial information is vital to

managing global employee benefits successfully and

efficiently. We can provide comprehensive financial

data analysis of local policies as a stand-alone service,

at no extra cost for a multinational employer.

The main benefitsUsing the MAXIS Global Preferred Data Solution,

you can gain insight into your organisation’s

benefits usage and the costs of your local

insurance policies, enabling you to practice

stronger governance and better risk management,

in line with your employee benefits strategy.

Our MAXIS Global Preferred Data Solution can also

help you decide on the benefits of switching to one of

our other solutions.

MAXIS Global Preferred Data Solution

What we offer dedicated account managers at global, regional

and local level to help evaluate report data

no extra costs or fees

an annual report with specific premium, claim and reserve data, aggregated by policy and by country for group life, accident, disability and health coverages, including current and historical performance

world-leading Health & Wellness reports and support - our MAXIS Global Medical Dashboard reports provide a holistic view of health issues by identifying country-specific trends and cost drivers, and our dedicated Health & Wellness team will help evaluate report data and consider practical health and wellness programmes.

Is this the right solution for you?We would recommend this solution for multinational companies:

with employees in several countries and/or expanding internationally

placing at least two policies with MAXIS GBN local member insurers, with a minimum of at least 100 lives in each

with a minimum US $10,000 premium in each country

with a premium of at least US $300,000 across all policies.

Further conditions may be placed to access this solution.

Health & Wellness

We are a world leader in helping clients – like you – meet health and wellness challenges, through our extensive research and data-driven approach. We offer best-in-class global medical dashboard reports with year-on-year comparative analysis. In addition, our local members offer a variety of health and wellness initiatives.

The basicsHealthcare costs are continuing to grow globally with

some premiums rising by two, or even three times, the

general rate of inflation in some markets1.

While medical inflation and changes in the way in which

cover is used are often cited as the key cost drivers,

in reality, these represent only a portion of the costs

related to your employees’ health.

Many employers are now recognising the impact of

indirect costs, such as disability, absenteeism and

presenteeism - perhaps when an employee is at work,

but not fully productive due to a health issue.

Indirect costs are often substantially higher than direct

costs in the form of claims and premiums. This has led

employers to recognise the positive effect maintaining a

productive, healthy and engaged workforce can have on

their bottom line.

More progressive employers are now taking action

regardless of their size, industry or location by offering

in-depth and well targeted employee wellness

programmes. While it’s a positive trend, there is still

much more we can all do to increase employee

engagement in health and wellness.

The main benefitsBy using any of the four core solutions we’ve talked

about in this brochure, you can access our dedicated

Health & Wellness team.

This includes best-in-class medical reporting, and expert

insight into the underlying medical cost drivers and

trends resulting from employee and dependent access

to health services.

1 Source: PwC’s Health Research Institute, “Medical Cost Trend: Behind the Numbers,” 2015

Our Health & Wellness offering We address the full spectrum of healthcare needs,

including education, awareness, prevention, screening,

health intervention and behavioural change.

We offer a tailored approach to meet the

specific needs of the employer and help drive

the implementation of practical health and

wellness programmes.

We have a robust disability claims management

capability, including early intervention, return to

work strategies and best-in-class reporting to help

employers manage their disability claim costs.

The MAXIS Global Medical Dashboard reports*

provide a holistic view of health issues by

identifying trends and cost drivers:

• global Paid Claim reports feature distribution

graphs to show how claims were spent in each

country, enabling year-on-year comparisons

• global Incurred Claim reports complement the

paid claim reports by providing census-based

utilisation and per member per year metrics,

to better identify cost drivers and utilisation

trends in each country

• country-specific Benchmark reports provide

data on healthcare use in the local portfolio,

to enable employers to better assess their own

experience against the market’s

We can provide key data metrics such as claims by

relationship type, age band, benefit category, ICD-10

diagnostic groups and provider network.

Through us you have access to the team who can

help evaluate report data and subsequently adapt

practical health and wellness programmes.

There are no extra costs or fees for employers using

the MAXIS Global Captive Solution.

Who can benefit from this offering?

as a MAXIS GBN clients you can receive

global Paid Claim reports and country-specific

Benchmark reports

if you have taken our MAXIS Global Captive

Solution, MAXIS Global Risk Solution, MAXIS Global

Preferred Data Solution or MAXIS Global Pool, then

our global Incurred Claim reports are also available

to you

*MAXIS Global Medical Dashboard reports are available for countries

where employers have private group medical insurance contracts above

a required threshold (200 lives for global paid claim reports and 400

lives for incurred claim reports) with MAXIS GBN members participating

in the Global Medical Dashboard initiative.

For a comprehensive overview of the solutions and services offered by our global network, why not get request our capabilities grid? To receive a copy, simply visit maxis-gbn.com or ask your MAXIS GBN representative.

The MAXIS Global Benefits Network (“Network”) is a network of locally licensed MAXIS member insurance companies (“Members”) founded by AXA France Vie, Paris, France (AXA) and Metropolitan Life Insurance Company, New York, NY (MLIC). MAXIS GBN, registered with ORIAS under number 16000513, and with its registered office at 313, Terrasses de l’Arche – 92 727 Nanterre Cedex, France, is an insurance and reinsurance intermediary that promotes the Network. MAXIS GBN is jointly owned by affiliates of AXA and MLIC and does not issue policies or provide insurance; such activities are carried out by the Members. MAXIS GBN operates in the UK through UK establishment with its registered address at 1st Floor, The Monument Building, 11 Monument Street, London EC3R 8AF, Establishment Number BR018216 and in other European countries on a services basis. MAXIS GBN operates in the U.S. through MetLife Insurance Brokerage, Inc., with its address at 200 Park Avenue , NY, NY, 10166, a NY licensed insurance broker. MLIC is the only Member licensed to transact insurance business in NY. The other Members are not licensed or authorised to do business in NY and the policies and contracts they issue have not been approved by the NY Superintendent of Financial Services, are not protected by the NY state guaranty fund, and are not subject to all of the laws of NY.

Helping you care for your people and

meeting the strategic goals of your business.

To find out more about our solutions and services

visit maxis-gbn.com or contact your local MAXIS

GBN representative.