Marsh launches captive offering for multinational employee benefits risks

Marsh has launched a captive insurance offering to support multinational organisations in managing the risks and costs associated with their international employee benefits programs.

Marsh Nexus Captive Solution operates via the broker’s Mangrove Protected Cell Company and is a cell captive structure designed for clients with an employee benefits spend outside the US of more than £2.3m ($3m) annually. 

Combining Marsh’s global scale with a portfolio management approach, the new offering affords more organisations access to a captive insurance facility, while reducing administrative complexity and accelerating the path to greater cost efficiencies. 

Commenting on the launch, Paul Lewis, Mercer Marsh benefits’ multinational advisory growth leader, said: “With the continued trend of rising global healthcare costs, organisations are focused on how to balance cost management while still providing valued, personalised employee benefit programs across the world.

“By reducing the administrative effort and costs associated with utilising a single parent captive, Marsh Nexus is a cost-efficient vehicle that complements broader benefits strategies and supports multinational organisations in optimising next-generation employee benefit programs.”

Addressing risk

The launch followed the release of Marsh’s Health Trends 2026 report, which revealed that employer-provided health plans face intense pressure amid projected double-digit increases on health benefits costs across most markets.

While some multinational organisations can manage international health plan risk as part of their overall risk management strategy, Marsh said that others lack the scale or resources required to create sustainable benefits programs through risk retention solutions.

Donna Weber, Marsh Captive Solutions’ global pooling and cell facilities leader, added: “The use of captives for international employee benefits has more than doubled in the last five years and more than 140 companies now have in excess of £2.3m ($3m) in premium.

”Marsh Nexus enables clients to take an off-the-shelf, low-cost approach to risk retention and break new ground in managing mounting international employee benefits costs.”