Thursday, April 25, 2024

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GCP Short: Underwriting medical in your international EB programme

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Nicola Fordham, MAXIS GBN
Nekisha Tyrrell, HSBC Insurance (Bermuda) Limited

This GCP Short, produced in partnership with MAXIS Global Benefits Network, is all about reinsuring medical programmes with a captive.

As ever, we are very pleased to have a client perspective in this employee benefits episode. Joining Richard is Nekisha Tyrrell, Head of Underwriting at the HSBC Group captive in Bermuda, and Nicola Fordham, Chief Underwriting Officer at MAXIS.

Nicola and Nekisha go on to discuss what we mean by medical cover in the context of international employee benefits programmes, why it is rarely added to captives immediately, the advantages of and rationale for writing it and how challenges such as medical inflation can be managed.

For more information on MAXIS Global Benefits Network and its captive services, visit their Friend of the Podcast page here.