Report Finds Multinational Pooling Reduces Expenses & Fosters Business Growth
NEW YORK (April 23, 2013) — As the opportunities for organizations to expand globally increase, new challenges, like managing an international employee benefits program, will emerge. RIMS’ latest Executive Report “Maintaining Global Employee Benefit Coverage with Multinational Pooling” explores the value of engaging in multinational pooling as a solution to more efficiently manage international employee benefits programs, consolidate risks and potentially reduce expenses.
Developed by RIMS International Committee and authored by Karin Landry, managing partner of Spring Consulting Group LLC and company consultant Sara Pignone, the report provides in-depth background information about the multinational pooling process, advantages of integrating multinational pooling with captives, as well as basic steps and processes to determine if an organization would benefit from multinational pooling.
“Multinational pooling presents a proven and rewarding strategy for organizations to simplify, consolidate and standardize complex, cross-border employee benefits programs,” said RIMS International Committee Chair Connie Bartels. “Educational resources, like this report, are a great example of RIMS’ commitment to advancing the risk management profession.”
RIMS International Committee is made up of risk management professionals with international experience assembled to identify global trends impacting risk management and to ensure that RIMS offers globally relevant products and services. The committee provides content advice on the need and development of globally focused tools, educational offerings, products and services, to a growing international risk management sector.
RIMS’ “Maintaining Global Employee Benefit Coverage with Multinational Pooling” Executive Report is free for both members and non-members. The report is available in RIMS’ newly revamped Risk Knowledge library located on the RIMS’ website here.