Service to set up / provide consulting on the operation of fraternal benefit scheme

SERVICE TO SET UP /
PROVIDE CONSULTING ON THE OPERATION OF FRATERNAL BENEFIT BENEFIT SCHEME

Service for entities like these:

  • An entity that manages a (business) union / association
  • An entity that hopes to set up a business union by industry or community
  • An entity that hopes to construct a medical scheme such as insurance as the welfare program for its employees through setting up a fraternal benefit association within it


Overview of service

We will propose various forms depending on expected risks and the size of your business.
  1) Become the underwriter (the side that provides warranty) and set up a small-amount / short-term insurance company, authorized fraternity benefit association, in-house fraternity benefit association (inter-company, etc.) or warrantee company to provide the warranty
  2)Construct an organization, not becoming the underwriter, with insurance companies managing the warranty
We will review the advantages / disadvantages that the operation of the organization will entail to propose the best form of organization.


共済スキーム


Supports
 Supporting application / approval operations in setting up a fraternal benefit association
 Developing products in collaboration with actuaries
 Supporting the introduction of administrative systems for entire insurance operations
 Arrangement of reinsurance
 Acting supports of contracts and settlement related to reinsurance


Advantages to use our service to set up / provide consulting on the operation of fraternal benefit scheme

  • Building your own welfare program for employees through an intercompany fraternal benefit system is possible
  • Designing / providing products with a higher degree of freedom is possible in collaboration with actuaries
  • Creating a highly credible organization or products is possible with the backup of the world reinsurance market

Actual cases

For the following companies please contact us

  • Businesses or organisations which operate and/or work with cooperatives.
  • Businesses and or organisations which hope to set up with other cooperatives.
  • Companies wanting to setting up insurance as a welfare benefit for their employees.