Employee Benefits

Managing Employee Health and Benefits program is slowly evolving from a placement based structure to a service-based structure. Most programs have become comprehensive in nature, which does not require many skills in designing policy.

The focus is slowly shifting to analyzing the insurance program and ensuring that the arrangement will sustain over a period of time. Moving between insurance companies in a competitive market will be short term and the need to design a sustainable employee benefits program that will provide necessary and critical cover and at the same time, not is a losing proposition to the risk carrier, will become a necessity.

We have consciously limited our focus to corporates who are looking at Employee Benefits on a long term sustainable model, rather than trying to get the maximum benefits at unviable premium rates.

Bharat RE is handling customers who are looking at the Employee Benefits program on a long term budgeting method rather than as a risk transfer. We, at Bharat RE, are clear that the Employee Benefits business can be effectively managed only when it is looked at from the point of view of the insurance company managing the program.