lockton global benefits

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Lockton Global Benefits Global employee benefits brokerage and consulting services LOCAL // CROSS-BORDER // GLOBAL

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Page 1: Lockton Global Benefits

Lockton Global BenefitsGlobal employee benefits brokerage and consulting services

LOCAL // CROSS-BORDER // GLOBAL

Page 2: Lockton Global Benefits

LOCKTON GLOBAL BENEFITSWe help multinational employers achieve their attraction, retention and welfare objectives in over 125 countries through market-appropriate employee benefits solutions.

Our goal is to offer extraordinary client service through centralized global strategy combined with local expertise and execution.

We offer a wide spectrum of support, from strategic consulting and brokerage services to comprehensive global benefits management.

We scale our level of support to bring clear value to each client’s specific needs, whether those involve entry into a new country or managing global benefits in dozens of countries.

Market intelligence and resources.

International compensation.

Expanding, acquiring and divesting internationally.

Leveraging global scale.

Global benefits management.

Protecting globally mobile employees.

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Page 3: Lockton Global Benefits

Multinational businesses face unique challenges: maintaining

information about their local employee benefits programs

worldwide, harmonizing and coordinating benefits within and

across countries, ensuring compliance and competitiveness,

and leveraging global purchasing power.

Lockton Global Benefits

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Lockton Companies

Page 4: Lockton Global Benefits

EXPANDING, ACQUIRING AND DIVESTING INTERNATIONALLY

We can support international expansion, whether by greenfield investment or acquisition. We deliver timely and effective advice and can place employee benefits programs in over 125 countries through Lockton Global® offices.

Our global mergers and acquisitions practice can provide due diligence analysis to identify the costs and risks associated with employee benefits programs in a merger or acquisition. We can assist with transition and harmonization, establish programs that replicate the seller’s benefits or identify alternatives, and give advice about opportunities to integrate and scale across businesses.

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PROTECTING GLOBALLY MOBILE EMPLOYEESProviding appropriate benefits packages and suitable risk coverage for employees traveling or on assignment abroad can be a balancing act. For any employer doing business internationally, there are unique factors that need to be considered to ensure that benefits programs are comprehensive, cost-effective and, most importantly, compliant.

We offer consulting and brokerage services for all types of benefits programs that cover the risk, retirement and healthcare needs of employees crossing borders. After a holistic review that includes analyzing the specific risks associated with expatriate assignments and business travel patterns, we design and support benefits packages that suit each client’s specific needs.

Lockton Companies

Lockton Global Benefits

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GLOBAL BENEFITS MANAGEMENT

Lockton proactively supports the management of your company’s employee benefits programs, ensuring plans are compliant and aligned with business objectives. The result is a well-managed strategy that reduces risk and improves cost efficiency.

Lockton Global Benefits Navigator® is our online platform that allows multinational employers to store, analyze and report their worldwide employee benefits program information.

Global Benefits Navigator features:

Dashboard views of upcoming renewals and global financials.

File storage and sharing functionality.

Templates for storing benefits plan and HR policy details.

Report generation and data export.

Global Benefits compliance news and guidance.

Lockton GlobalView® country benefits profiles.

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LEVERAGING GLOBAL SCALEWith the right strategies, multinationals can benefit from global economies of scale, even with small numbers of employees in multiple countries. We can help your organization maximize your leverage to improve local terms and obtain cost savings. This could include harmonization and consolidation of plans, global underwriting, regional insurance strategies, and risk financing arrangements like multinational pooling.

Lockton Companies

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INTERNATIONAL COMPENSATIONIt is imperative to attract and retain the best in today’s global talent market. Our international compensation services are designed to make certain that an organization’s pay structure aligns with its global business strategies.

International compensation strategies vary based on each organization’s mission, vision, demographics, culture and growth stage. We provide market data and global management tools to ensure that each client’s compensation strategy is fit for purpose.

International benchmarking.

Compensation strategy and

design.

Employee culture surveys.

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Page 9: Lockton Global Benefits

MARKET INTELLIGENCE AND RESOURCESWe deliver market intelligence and professional education opportunities to our clients to allow them to make informed decisions when designing and managing benefits plans around the world. We also offer market practice reports tailored to our clients’ specific needs.

Lockton GlobalView

country profiles.

Monthly compliance alerts.

Advisory papers.

Lockton Global Forums.

Market update webinars.

Lockton Companies

Lockton Global Benefits

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125COUNTRIES

+

LOCKTON GLOBAL, LLP, is the world’s largest insurance broking partnership, comprised of 38 partners with brokerage and consulting capabilities in over 125 countries. Together, we deliver innovative and integrated solutions to our multinational clients.

We are experts in our respective markets and understand local culture and practice. Each partner is committed to providing a high level of client service, addressing each client’s specific needs in the areas of compliance, market competitiveness and cost management.

Lockton Global partners are committed to ensuring client satisfaction through strategic planning, consultative support and comprehensive relationship management. We work together as a global broker to manage each client’s overall strategic plan for employee benefits, whether the client has operations in one or dozens of countries.

AREAS OF SUPPORT

Claims analysis/ data analytics

Employee benefits brokerage services

Retirement/ pensions

Employee wellness programs

Competitive practices/

benchmarking

Expatriate benefits consulting

M&A due diligence and  transition services

Regional insurance/multinational

pooling services

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Page 11: Lockton Global Benefits

125COUNTRIES

+

For more information, contact your

Lockton account team or email us at

[email protected].

Lockton Global Benefits

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Lockton Companies

Page 12: Lockton Global Benefits

© 2018 Lockton, Inc. All rights reserved.

• RISK MANAGEMENT • EMPLOYEE BENEFITS• RETIREMENT SERVICES

LOCKTON.COM

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