Company
Nordben is a Life and Pension Insurance company owned by Dutch holding company BenCo Holding B.V. It was established in 1985 to provide flexible pension and insurance solutions designed specifically for internationally mobile employees, expatriates, third country nationals and local key personnel. Nordben is market leader in the provision of international pension plans to Nordic industry and a leading provider of ’accompanying spouse‘ pension plans.
Today, Nordben holds assets of Euro 750 Million and has an annual premium income of Euro 65 Million.
The Guernsey based staff of more than 35 attend to administrative, technical and financial functions. Nordben commissions external advisors for actuarial, internal audits, investment management and legal support.
Trust Subsidiary
Trust services are provided by our wholly owned subsidiary Nordben Pension Trustees Limited. For more information on these services please visit
www.nordbentrustees.com .
Distribution - Nordic business
The international departments of Benco's shareholders are the exclusive distributors of our products in the Nordic region - The Storebrand Group, Norway; Mandatum Life, Finland (part of the Sampo Group) and Varma, Finland are all leading providers in their respective countries.
In addition SPP, one of the leading pension and life companies in Sweden, is part of the Storebrand Group and co-operates with the Company in respect of the Swedish Market.
Distribution - Non Nordic business
International benefit consultants and intermediaries use our products to provide solutions to their clients.
We also work with selected business partners in the development of insurance products which they in turn distribute to their client base.
Network Membership
Nordben is a member of three insurance networks which provide employee benefit services to multinational companies.
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AEGON Global Pensions helps multinational companies optimise their pensions around the world. It provides expertise in the areas of de-risking pensions, cross-border asset pooling and international DC and expat pensions.
www.aegonglobalpensions.com |
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The International Group Program (IGP), a division of John Hancock U.S.A., was founded in 1967 and operates in 65 countries. Each network partner offers a high degree of expertise in the provision of group insurance solutions.
www.igpinfo.com |
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The Insurope Network of independant life insurance companies is represented in over 80 countries and has been providing employee benefit services to multinational companies for over 40 years.
www.insurope.com |
Nordben has products that can be included in an IGP or Insurope account for either reporting or pooling purposes. For more information on the concept of multinational pooling click here.