General Insurance Article - Global Actuarial & Consulting Services (GLOBACS) launched

 Barnett Waddingham has been the UK representative of EURACS and NORACS for over 20 years. The launch of APACS sees the three networks join together under a new worldwide brand, GLOBACS. These networks consist of leading independent firms working collaboratively to deliver cross-border pensions, benefits and insurance solutions to their international clients. EURACS alone offers services to clients through more than 1,000 qualified actuaries, consultants and other business professionals.

 With an expanding membership (currently numbering over 30 firms) throughout Europe, Africa, North America, Asia Pacific and Australasia, and other contacts covering South America and the Middle East, GLOBACS provides the clients of member firms with truly global advice and services from consultants who are each innovative experts in their local markets.

 Colin Mayger, partner at Barnett Waddingham and EURACS Chairman-elect, says: “Today’s business environment is becoming increasingly globalised, making it more important than ever for firms to find ways to collaborate across borders without losing their independence. I’m therefore very pleased to announce the creation of GLOBACS which will act as an effective global umbrella brand for our various actuarial and consulting services networks around the world.”