GEB Network awarded ‘best in class’ for Healthcare Captives & Employee Benefits fronting partner

 November 2018

Carlo Cosimi, Corporate Head of Insurance & Risk Financing, Saipem
“On moving from a pooling arrangement to a Captive, it was a natural decision to continue our partnership with GEB: in terms of helping us make the transition and manage the Captive. We’ve built a strong relationship with GEB over the years thanks to their global and local knowledge, flexibility, professionalism and partnership approach. They understand our people-focused culture and ethos, always providing relevant advice and excellent service.”

Brian Quinn, Managing Director, Granite Management Limited
“With GEB’s latest iteration of the interactive Captive medical reports for the Generali global benefits network, GEB has once again moved the bar to a level above and beyond their competitors. The data analytics capability that GEB has developed is both easy to use and understand but also highly intuitive. It provides genuinely good data, allowing us - as consultants - and our mutual clients across the globe to more easily and effectively concentrate on understanding and controlling the true cost of their global benefit promise.”

Coraline Delpeuch, Consultant Corporate Risk Benefits / Health & Wellbeing, Deutsche Post DHL
“GEB Medical Dashboard allows the Health and Wellness Team to identify the multitude of claim drivers, such as medical diagnoses, plan design, benefits categories, healthcare provider usage and HR absence policy: all of which impact the medical experience of DPDHL employee populations - by country and legal entity. Consequently, it is a central tool in the definition of an accurate and effective Health and Wellbeing programme aimed at controlling healthcare costs.”

During the 2018 European & UK Captive Review Awards ceremony, the only event on the continent dedicated to captive insurance expertise, excellence and innovation, we were awarded the top accolade in two categories - Healthcare Captive Specialist and Employee Benefits (EB) Fronting Network.
We would like to give a special thank you to our teams and local Network Partners: it’s down to their dedication, skills and commitment that this achievement has become a reality.
As EB Fronting Network, GEB has shifted from a function of data aggregator to a more sophisticated function of service aggregator. This fundamental transition is reflected in various ways, including the launch of detailed reporting, enhanced connections with Network partners, sharing of detailed benchmarking information and support for sophisticated funding strategies.
As Healthcare Captive Specialist, GEB moved from being just a payer to being a true partner. This shift is essential to respond to the increasing need of multinational employers, especially those who are self-insured through a captive, to change the health of all employees and their dependants. Successful healthcare captives are strengthening their partnerships with their global network providers such as GEB, using superior data analytics, as well as expert insights and recommendations to focus on managing behaviours and costs. GEB pioneered global medical dashboards for captives in 2012, but stepped up our game this year in terms of content, format and functionality, providing unparalleled access to clear and illuminating information.  
Ludovic Bayard, GEB’s General Manager commented: “These awards recognise the ability of the GEB Network to front and service large multinational companies. As the pioneer of captive-backed employee benefits insurance programmes in the 1990s, we’re committed to leading in this space, investing in integrated solutions tailored to the complex needs of today’s employers and employees”.