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Employee Benefits Risk Management 2020 – the importance of collaboration

June 3

Hotel Swissôtel Zürich, Zurich, Switzerland

Event Details

June 3

Please note that the date of this conference has been moved to Wednesday 3 June 2020.

As the ‘battle for talent’ increases, multinational companies are waking up to the fact that employee benefits need to be procured, organised and managed in a more consistent and cost-efficient manner than in the past.

It is increasingly clear that most benefits can be organised in one seamless and centrally managed global insurance programme that ensures that all benefits are procured and managed in the most efficient and cost-effective manner possible.

The key to making this work is effective collaboration between HR, risk and insurance management and other departments such as legal and compliance. It is also about understanding and the sharing of knowledge.

Commercial Risk will bring together a group of experts at a one-day conference to discuss why it makes sense to procure and manage employee benefits within a centrally managed global insurance programme and how HR and risk and insurance management teams could and should work together.


Day 1

Registration and coffee
Welcome address
Adrian Ladbury
Adrian Ladbury
Editorial Director
Commercial Risk Europe
Keynote address: Talent driven companies: why people matter
This session will explain the importance for firms to adopt a talent driven approach and the requirement for HR roles to be elevated within the corporate chain in order to manage talent. It will also explore the need for adequate risk management with a People Risk Reporting Framework.
Presentation and panel discussion: Human resource & risk management - the importance of collaboration
In a highly competitive global employment market, talent retention and recruitment is a growing challenge, placing greater pressure on employee benefit packages. To counter this, HR managers are beginning to work more closely with their risk management colleagues to find effective ways in which they can facilitate the financing of such important group benefits.

This session will explore the rise of collaboration between HR executives and their risk management colleagues to provide Employee Benefits financing strategies that deliver the best deal possible for both employees and employers alike.

• How are HR and risk management departments working together to manage employee benefits?

• What opportunities can this offer and how is the process best managed?

• What challenges have we seen for HR executives and for risk management executives?

• Who needs to lead the process and hold ultimate responsibility?

Coffee break
Case study: BT Group
BT Group is a good example of a successful joined-up approach to the management of Employee Benefits. The telecoms company’s HR and risk teams came together to transform its financing strategy for the delivery of its healthcare and insurable employee benefits package, globally.
This session will involve the HR and risk management teams of BT Group to explore the process the company undertook to change its strategy.
• What did BT do and what was the objective?
• How did they measure success? Who was involved in the process and what was the role of the HR team and the risk management teams?
• Who managed the process and what measures were adopted to ensure clear lines of communication?
• What lessons did they learn along the way/what would they do differently?
Presentation and panel discussion: How can global insurance programmes enhance employee benefit management?
This session looks at the important role and benefit a global insurance programme can have on the financial structuring of employee benefits.
• How can HR managers work with risk and insurance managers to achieve the best risk financing result for the company and for employees?
• Why could and should employee benefits be included within the global insurance programme?
• What is a global programme, how do they work and why does adding employee benefits risks makes sense?
• Why do companies use global programmes to centrally purchase and manage their property and casualty risks rather than allowing local managers to buy coverage locally?
• What risks are typically included within global programmes and which are typically excluded and why?
• How are global programmes typically structured to achieve maximum coverage at minimum cost?
Presentation & panel debate: Global benefits governance and operations
Multinational companies are routinely faced with many business risks, beyond market volatility which is out of their control, such as volatility of demand, competitive pressures, litigation, workforce unrest, and reputational risks.
How effectively companies manage their risks often separates successful companies from those that fail. Therefore, corporate governance is viewed as increasingly critical to a company’s long-term success.
Annual costs of benefit programmes, and legacy liabilities, often make up a significant portion of operating costs and balance sheets for many companies. So it is hardly surprising that boards and senior management of multinationals are concerned about the increasing costs and risks of their global benefit programmes.
The impact of economic downturns in recent years on pension liabilities, rising costs of healthcare and government legislation have driven many companies to consider transferring benefits related risks to third parties and/or to employees.
• What is good governance and how should it be managed and measured?
• What key challenges are companies facing in managing their global benefit programmes? Are the relevant processes in place? Is the relevant information and benefits data available?
• What are the execution challenges?
Workshops - A
Workshop 1 - ESG
How can a centrally managed insurance programme be used to de-risk the pension scheme and maximise investment returns particularly on an ESG (Environmental, Social and Governance) basis?
Workshop 2 - Captives
What are the latest tax and regulatory requirements for captives and pooling arrangements, how to comply with BEPS and where is the captive best located - onshore or offshore? EU or international?
Coffee break
Workshops - B
Workshop 1 - Travel
What are the range of risks associated with business travel and how has this market evolved? What are the new risks and what do companies need to prepare for? How and why should business travel be included within the global programme?
Workshop 2 - Medical
Why form a healthcare captive? How can the captive and latest data and analytics be used to manage the behaviours and costs? What are the latest innovations that offer HR and risk managers greater visibility over their risks?
Closing remarks
Drinks reception

Speaker information will be announced at a later date.

Adrian Ladbury
Adrian Ladbury
Editorial Director
Commercial Risk Europe

For sponsor or speaker information, please contact Stewart Brown [email protected]

For speaker opportunities, please contact Stewart Brown [email protected]

For sponsor opportunities, please contact Stewart Brown [email protected]

Delegate Rates

Risk and Insurance Managers - Free to attend

All other delegates - £400  (+ VAT where applicable)

Please click here to register.

You will be taken to an external site to complete your registration. Payment can be taken in GBP and €, however will be processed via WorldPay using GBP.

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