MAXIS GBN Recognized For Excellence In Captive Insurance---Wins Captive Healthcare Specialist Of The Year Award

MAXIS Global Benefits Network (GBN) was named the “Captive Healthcare Specialist of the Year” at the second UK Captive Service Awards. Organized by Captive Review, the UK Captive Services Awards, recognize excellence in the delivery and management of captive insurance.

“Being named the Captive Healthcare Specialist of the Year is an honor, and reflects MAXIS GBN’s commitment to providing tailored solutions and world-class services that meet the business needs of our multinational customers,” said Jim Peiffer, managing director, MAXIS GBN, and senior vice president, MetLife. “By understanding and aligning our customers’ global and local priorities, we are able to help our customers manage their worldwide employee benefits programs through flexible and innovative solutions, including our industry-leading health and wellness programs.”

The UK Captive Services Awards recognize companies that have outperformed their peer group over the course of the past year. The awards are judged on the criteria of 1) company growth: client numbers, premium/assets under management, internal hires, geographic expansion; 2) client satisfaction; 3) genuine product innovation; and 4) adaptability: in the face of client demands and new regulation, etc. The judging panel consists of representatives from Captive Review, industry experts and corporate risk managers.

"The Captive Healthcare Specialist Award is a prestigious one, as medical captives represent a thriving, fast growing sector of the captive industry. MAXIS GBN is not only a leader in the medical captive space, but goes the extra mile when it comes to data analysis and implementation of risk management initiatives that ultimately benefit the health of the insureds," said Antony Ireland, acting editor, Captive Review.

The award recognized MAXIS GBN for its leading healthcare management and wellness solutions. MAXIS GBN offers through its members, medical insurance and health and wellness capabilities in 85 markets with over four million insureds. With its customer-centric focus, MAXIS GBN delivers customer-specific analysis of medical claims, research insights on wellness, client discussion forums, and perspectives on local health and wellness solutions.

About MAXIS GBN

MAXIS GBN was founded in 1998 by AXA and MetLife, two leading global insurers. MAXIS GBN includes locally licensed member insurance companies in over 110 countries, is trusted by over 750 multinational employers and covers 1.5 million employees worldwide. For more information, please visit www.maxis-gbn.com.

Copyright Business Wire 2010

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