MIBAV consults the management board of multinational companies. Our focus lies on non-wage labour costs (social contributions, costs of employee benefit (EB) plans) and indirect costs in respect of HR, procurement and Risk (overheads for administration, EB management and controlling). Through several proven optimization practices from the global perspective, MIBAV can reduce the costs of multinational companies. At the same time, we are enhancing corporate risk and governance. Our unique methods are based on more than 30 years of international experience and a sophisticated data analysis tool that considers savings potentials for the relevant cost elements. Our solutions create transparency about our clients’ EB data on global level – this allows to identify synergies and achieve significant savings without changing the quality of benefits and services. We are not a broker, not an EB or insurance consultant and not part of the insurance market in any way. This allows us to find independent solutions entirely in our clients’ interest with our own global network of experts. See some case studies on our website: http://www.mibav-service.de/en/content/what-we-do/successes/ STIEBEL ELTRON's experience on RiskNet.de: https://www.risknet.de/themen/risknews/wenn-der-risikoschutz-zum-risiko-wird/c3bf6bbbfb64cc3ccb6f7ffcef3f8e48/