Normandin Beaudry Expands Consulting Reach With New Global Joint Venture, Joining MBWL International as an Equal Partner

PARTNERSHIP PROVIDES CANADIAN COMPANIES INTERNATIONAL EXPERTISE FOR ACTUARIAL AND TOTAL REWARDS NEEDS

MONTRÉAL, Oct. 25, 2023 /CNW/ - Normandin Beaudry, a leader in actuarial and total rewards consulting services, today announced that it has joined MBWL International (MBWL), an international joint venture between Barnett Waddingham, Milliman, and Lurse, as the fourth equal Joint Venture (JV) partner. This new partnership will enable Normandin Beaudry to extend services to Canadian companies with cross-border requirements.

"The Normandin Beaudry team is delighted to formalize our collaboration with MBWL. We are pleased to offer Canadian organizations international support with deeply rooted global partners. We have always been committed to delivering excellence to our clients, and we are now in a position to do so beyond our borders," said Éric Montminy, President at Normandin Beaudry. 

"Having worked closely with the exceptional team at Normandin Beaudry for several years now, it's incredibly exciting to now formalize our partnership and add them as an equal partner in MBWL. Their values fully align with ours ? independence, thought leadership, and absolute client focus. We can only look forward to collaborating with Normandin Beaudry's team of experts even more closely to continue our commitment to growth and excellent service for our clients globally," said John-Paul Augeri, Managing Director and Global EB Consulting Leader at Milliman.

"Normandin Beaudry has been a strategic partner of MBWL's for many years and this new JV strengthens this relationship. MBWL shares our dedication to excellence and aligns with Normandin Beaudry's cultural goals of prioritizing independence and quality while consistently delivering exceptional value to our clients," added Daniel Drolet, Senior Partner, Group Benefits at Normandin Beaudry.

Normandin Beaudry joins as an equal and independent partner alongside MBWL's already strong, multinational presence across the UK, US, Germany, and over 30 other countries worldwide.

MBWL International are independent global experts who provide innovative, strategic retirement and benefits consulting for multinationals of all sizes, everywhere they do business. The joint venture between Milliman, Barnett Waddingham, Lurse and now Normandin Beaudry brings together the experience and resources of these four market-leading businesses, comprising over 8,000 employees across more than 30 countries. With expertise in strategy, governance, actuarial and benefits consulting, M&A, administration, and employee engagement, MBWL provides seamless, consistent advice across organizations with a single point of accountability. No red tape, just results.

Founded in 1992, Normandin Beaudry is a leader in actuarial and total rewards consulting services. From its offices in Montréal, Toronto, and Québec City, 350 employees serve clients across Canada in eight areas of expertise: Group Benefits, Pension and Savings, Pension Plan Administration, Investment Consulting, Compensation, Health, Performance, and Communication. 

SOURCE Normandin Beaudry