Combining corporate and employee insurance can save you up to 20% annually
By combining corporate insurance with employee insurance, you'll reap many benefits – for both your company and your employees. Your company can easily save tens of millions annually on premiums, and you'll provide employees with access to better (and significantly cheaper) health, life, property, travel, or even civil liability insurance. This smart benefit will help you retain your most capable talent more easily. How does it work?
Does your company mind overpaying millions in insurance premiums?
If you're a large company with thousands of employees, just on insurance policies you pay many millions annually (that is, if you're not already a Eurovalley client). A large portion of this amount consists of employee insurance.
You probably follow the standard approach: As an employer, you offer your people insurance solutions against potential damages. You therefore use a pillar product with clearly defined, but not entirely favorable terms.
The entire insurance system is set up this way. An example?
Claims history works against you
The ratio between the premium amount and the paid-out claim is expressed by the so-called claims history, which increases with the number of paid claims. The moment it crosses approximately 50%, the costs for the insurance company reach the edge of profitability.
And let's be frank: Insurance companies are not charities. They also want and need to make a profit.
In this situation, the insurer has several options. The first is that they increase the deductible. Another common option is to reduce the insured risks, to reduce the number of claims and you continue to pay the same price for insurance (but not for handling claims!).
A third option is that the insurer outright increases the premium. And by then, it's usually too late to negotiate.
By consolidating insurance, everyone involved saves money
At Eurovalley, we offer what is known as an open fleet of insurance products. Tailored to your needs and under conditions that stabilize your company's insurance costs. From day one, you will gain the following benefits:
- Stable insurance costs: Premium increases and other changes occur much less frequently than you might be used to.
- Up to a 20% discount on premiums, which for companies with hundreds or thousands of employees represents savings of tens of millions per year.
- Employees can save thousands annually on insurance – we can simply offer them better insurance terms. And importantly, this won't burden your company's administration at all: call center staff will contact employees and arrange a meeting time with each one individually.
- Reduce employee turnover (by showing them you care about them and their families – in times when everything is getting more expensive, you'll offer them financial relief).
The beauty of combining corporate and employee insurance is that it's truly beneficial for everyone.
Better insurance is within reach – just take the first step
After we discuss your company's situation and goals with you, we at Eurovalley will create a unique (and highly beneficial) solution for your company and employees.
We will present the benefits of the solution to employees in a presentation, which, along with contact details for our insurance partner, can be posted on your company's website and intranet. Employees can then independently arrange a meeting or call with our staff and manage their insurance themselves.
We understand that the idea of combining corporate and employee insurance might be new to you. We'd be happy to answer any questions or clarify any uncertainties during a personal meeting – so please don't hesitate to contact us without obligation.
It will be the first a step towards more advantageous and comprehensive insurance for your company and its employees.
So why delay?
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Effective insurance starts with understanding risks. We help clients identify, assess, and manage risks so that their insurance strategy aligns with their real-world operations and long-term vision. Our insurance consulting connects detailed analysis with executive-level decision-making processes.
