Multinational companies regularly employ expatriates to manage business expansion and development, foster culture during M&A transitions, or ensure the best talent is leveraged within the company. This can involve sending key employees to other parts of the world for extended periods of time. Such employees require expanded health and risk benefits, to ensure access to care and coverage on a global basis.
If you are an employer, it is important to offer compliant, competitive and financially sustainable global benefits coverage. It is also necessary to partner with vendors best positioned to support your unique expatriate population. Offering suitable benefits for short-term and long-term international business travelers also helps to satisfy an employer’s duty-of-care obligations.
Our holistic approach in consulting with multinational clients also extends to other programs and services for IMEs, including evacuation and assistance services, global employee assistance and wellbeing programs, and global telehealth services. We also work in collaboration with our international retirement plan consultants for off-shore retirement pension/savings plans.
What we do
In today’s complex and compliance-driven insurance environment, effectively implementing or managing an expatriate benefits plan can be complicated. Our experienced consultants are uniquely positioned to:
- Provide industry-leading advisory and support services for the development, implementation and ongoing governance of healthcare and risk benefit strategies for international assignees and business travelers
- Offer continuing guidance on compliance factors that impact these benefit programs, as well as recommendations based on competitive practice and industry benchmarking
- Advise on mitigating unique risks of expatriate assignments by addressing issues such as duty of care and evacuation and assistance
- Secure appropriate and competitive pricing, supported by the teams’ financial acumen and leverage with the leading expatriate insurers
