One of Colgate’s key global benefits initiatives has been to strengthen and expand its international pooling arrangements. In late 2005, a renewed global pooling strategy was established and implemented under the direction of Eiji Nakagawa, Director, Global Benefits. In addition to Colgate’s two existing pooling networks that cover a fraction of its global insurance premiums, the company added the Swiss Life Network as a preferred provider on a global basis in January 2006. Since then, Colgate’s Swiss Life pool has expanded significantly, adding a dozen countries within a year.
In line with Colgate’s goal of becoming the best place to work, it continues to explore cost-effective benefit solutions while meeting employees’ needs in the many different cultural and country environments where they work. In partnership with the Swiss Life Network, Colgate aims to strengthen and expand its pooling arrangements still further.
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