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AXA and MetLife Joint Venture MAXIS GBN Selects London for Global Headquarters

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February 24, 2017

MAXIS Global Benefits Network (GBN) has established its new global headquarters in London. The company is an international employee benefits network that was formed as a joint venture in 1998 by MetLife and AXA. It currently has 135 member insurance firms servicing its many multinational clients.

The move is in line with MAXIS GBN's goal of increasing overall premium volumes by 15–20 percent in 2017. The move also serves to place MAXIS GBN in an advantageous position to service its primary target markets that include France, Germany, the United Kingdom, the Netherlands, Switzerland, and the United States.

As part of a major investment in staff, technology, branding, and product development, MAXIS GBN has also launched a new information technology platform that it is calling BRIDGE. The goal is to provide competitive pricing and extensive data analytics for its member insurers and clients.

"We are delighted to announce these significant investments in MAXIS GBN, including our new London office," said Mauro Dugulin, CEO of MAXIS GBN. "It is important to be at the centre of the insurance world and this means being in London.

"MAXIS GBN will be centrally managed and this enables us to offer better control, greater consistency and the opportunity to review reinsurance pricing and underwriting conditions from a truly global perspective, all for the benefit of our members and their clients."

One of the ways MAXIS GBN is looking to expand the scope of its business solutions is by focusing on pooling and global programs with an emphasis on pricing and data management.

Mr. Dugulin continued: "Diminishing returns on multinational pooling, increasing interest in the use of captives, a greater thirst for information and rising healthcare costs make for a challenging environment for international benefits and risk managers. The new MAXIS GBN has been developed to meet these challenges and offer technology led solutions to help drive employee benefit programmes forward.

"We understand the importance of employee benefits to our multinational clients and how such benefits can be a major differentiator for them in retaining and attracting the best talent. We are seeing strong demand for new ideas and innovation in employee benefits. We will look to focus on key issues such as staff health and wellbeing and help foster the world-class employee benefit packages that corporations need as well as taking advantage of the initiatives that both AXA and MetLife are developing both centrally and locally."

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