In the face of a global health crisis and a hardening insurance market, large companies are looking for new solutions to control their costs and manage their risks.
Faced with inflation and the emergence of new risks, captives have come a trusted, flexible and efficient alternative to finance insurance programmes for Risk Managers.
As the benefits of a captive are now being seen, businesses are thinking more and more about increasing their usage and looking to diversify their risk with new lines of business. Employee Benefits (EB) risks like life, disability and medical insurance – which are critical for caring for employees – are a great example of new lines being added to captives.
MetLife Office
Level 22, 10 Carrington Place, Sydney 2000
Sydney, Australia
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Corporate Risk Managers with an active GlueUp account responsible for any of the following organisational risks as below:
- Enterprise Risk Management & Corporate Governance
- Regulatory & Operational Risks (e.g. Business Continuity, Information and Security Risks, Technology Risks, Market and Credit Risks
- Risk Financing / Corporate Insurance (e.g. General Insurance and Employee Benefits)
If you handle one or more of those above, you would qualify to be a PARIMA member. If you have yet to sign up as a PARIMA member, kindly sign up at www.parima.org/join-us/
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