July 19, 2018 11:30
Photo : Freepik
SSQ Insurance has entered into an exclusive partnership with the company benefits Allianz Global Benefits in order to expand its offering of group insurance across Canada. This agreement is an «important step in the plan of development business of the pan-canadian» of the insurer, he said.
SSQ says now open to multinational companies that have canadian subsidiaries in order to satisfy their needs in group insurance. The companies that are clients of SSQ will also be able to benefit from the mechanism of pooling risks in the international Allianz, and enter into its network, explained Martine Roux, spokesman for SSQ Insurance, Journal of insurance.
«This type of collaboration is a first in the history of SSQ Insurance. Adding to our service offer the expertise and global reach of Allianz Global Benefits, we may, among other things, the benefit of our current and future customers of the benefits of a pooling of risks international, » stresses Geneviève Fortier, senior vice president, Distribution at SSQ Insurance.
Risk pooling international
By pooling the risks of international pooling), the financial results related to the group insurance plans regional of an employer operating in several countries can be grouped as international, explains SSQ.
This helps «to mitigate fluctuations in cost between the plans of different countries, and offers a better control on costs overall related to group insurance plans, placing them in an international perspective of risk management,» says the insurer.