Multinational companies face significant challenges to manage diverse and complex employee benefits across various regions. Global Employee Benefit Programs include risk management solutions designed to simplify things, streamlining administration, adapting to local needs and providing consistent protection for employees worldwide.
What are Global Employee Benefit Programs?
With more than 110 insurance partners in over 90 countries, our established insurer network allows us to incorporate local employee benefits, insurance solutions (life, health, disability, accident and pension) and services into global programs. Our Global Employee Benefit Programs reduce complexity, deliver innovative local solutions, and provide insightful global reporting in a simple way.
About our programs
We help clients design, implement and manage benefit programs that enhance their employees' experience while containing costs and delivering insightful global reporting. Choosing the most suitable program for each client depends on several factors, including their size, risk profile and specific needs.
Consolidates local employee benefit plans from two or more countries into one account (pool) to assess the overall global result, enabling the client to receive a potential international dividend.
Based on the portfolio assessment, it replaces local pricing with global underwriting. This results in more stable prices and better terms and conditions.
Combines employee benefit plans from multiple countries into a corporate’s own captive via a reinsurance mechanism allowing the company to manage its own risks. This program offers a personalized online portal, providing access to high quality data analytics, insights and reporting.
A central coordination of local solutions that helps multinational companies to increase governance and efficiency across Defined Contribution (DC) and legacy Defined benefits (DB) retirement plans.
Global Employee Benefits

Multinational Pooling
Pooling involves the consolidation of local employee benefit plans from two or more countries into one account (pool) to assess the overall global result and enabling the client to receive a possible international dividend.
Our Pooling systems
We offer a full range of pooling systems to ensure that multinationals of all sizes can benefit from pooling.
Small portfolio of pooled group contracts, no own independent pool.
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Medium to large portfolio of pooled group contracts in a self-standing pool.
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Medium portfolio of pooled group contracts in a self-standing pool.
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Large portfolio of pooled group contracts in a self-standing pool.
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Key benefits
Pooling helps to keep the costs of employee benefit plans under control, to keep track of the development of the plans abroad, to detect problems at an early stage and to ensure that plans are in line with your corporate policy.
Global Underwriting
In this risk management program, local pricing is replaced by a global underwriting approach that takes into account overall claims experience, larger insured volumes and a longer-term view of risk than is possible at the local level. This results in more stable prices and better terms and conditions.

Key benefits
Centralized underwriting of local employee benefit plans to meet the changing needs of multinational clients for more stable pricing.
Reporting Portal
The MyAGB online portal offers our multinational clients access to a flexible employee benefits information sharing and reporting environment based on both, global and local expertise.

Captive Reinsurance
Captive Reinsurance consolidates local employee benefit plans from multiple countries into a corporate’s own captive via a reinsurance mechanism. A captive insurance company is, in its purest form, a wholly owned legal entity formed to insure or reinsure the risks of its parent and/or associated group companies. Captives are usually formed to provide alternative risk management solutions to that of the conventional insurance market.
Key benefits
Captive is a combination of risk management, human resource and governance strategies - and it is about ensuring control and transparency around a major spend for a company.
Global Pension
Global Pension is the central coordination of local solutions that helps multinational companies increase governance and efficiency across defined contribution (DC) and legacy defined benefits (DB) retirement plans.
It aims to assist multinational companies deliver efficient, DC pension solutions to their employees. The service combines the expertise of Allianz Group’s global capabilities and local network partners with best-in-class global asset managers to provide a pension solution, serviced and delivered locally.

Key benefits
Support from concept to implementation and reporting. Our pension solutions at a glance:

Our Global Network
110+ network insurers in 90 countries
Why choose us?
High quality benefits
We go the extra mile to help multinational corporations manage their global employee benefits across the globe. We do this by reducing complexity, delivering innovative local solutions and insightful global reporting in a simple way.
Not interested in a global program?
All of our local coverages are available as stand-alone solutions for Health, Life, Disability, Accident and Pension.
Ready to get your cover?
Talk to our sales team or email us.
Frequently Asked Questions?
New to Global Employee Benefit Programs and want to know how to get started? Here is everything you need to know.
Who can benefit from a Global Employee Benefits Program?
Any multinational with over 5,000 local employees based in countries all around the world who wants to offer local benefits to optimize cost and benefit from pricing stability.
What is a Global Employee Benefits Program?
Global Employee Benefit Programs are risk management and pension solutions designed to simplify things, streamlining administration, adapting to local needs and providing consistent protection for employees worldwide. With more than 110 insurance partners in over 90 countries, our established insurer network allows us to incorporate local employee benefits, insurance solutions (life, health, disability, accident and pension) and services into global programs. Our Global Employee Benefit Programs reduce complexity, deliver innovative local solutions, and provide insightful global reporting in a simple way.
Our Global Employee Benefit Programs are subject to availability, which may vary depending on region. For more information, contact one of our Global Employee Benefit Programs experts here
What is MyAGB?
MyAGB is a personalized Employee Benefits online portal which provides high quality data analytics, insights and reporting. It enables you to keep track of your employee benefits spend and priorities, identify opportunities to optimize cost and design of your programs, get a detailed understanding of the key drivers of profit and business performance, and may therefore offer valuable help with governance and decision making.
Why should I choose Allianz for my Employee Benefits journey?
We are a network of over 350 employee benefit specialists worldwide with profound experience and technical expertise of the business as well as a can do attitude. Passionate about employee benefits and about getting things done, we deliver solutions in a simple way with the best possible service excellence. Your organization will benefit from:
- A broad universe of employee benefit solutions
- Highly dedicated employee benefit experts
- Quality network management
- Data driven culture