Sanofi-Aventis has switched group income protection (GIP) providers from Legal and General to Generali.
The healthcare firm, which has 100,000 staff globally, said that it wanted a provider with a different, but strong, approach to customer service and claims management, which also met the needs of its multinational pooling scheme.
Sanofi-Aventis staff now also have access to the Best Doctors advisory service. The GIP policy insures two-thirds of employees' base salary, plus employer pension contributions. It insures an absent employee's pay until they recover or retire. Paul Craven, head of reward at Sanofi-Aventis, said: "We have a duty to support staff throughout their period of sickness or disability."
Tynan Barton is a business journalist and has been writing in the employee benefits and HR field for over 15 years. She joined Employee Benefits in 2010 as reporter, and has been features editor since 2011.View full profile
