 Globex Europe: Solving Difficult Problems
In today's global marketplace, many of your existing and prospective clients will operate internationally. This may be through their own foreign based subsidiaries, by exporting their products and/or services overseas or by simply sending their staff abroad on company business.
International exposures require specialist insurance knowledge and understanding and this expert know-how is now available to you!
GLOBEX EUROPE can help you solve your clients' often-complex international insurance problems. In doing so, we will not only help you to strengthen your client relationships, but also help safeguard your business from the competition, particularly from brokers with dedicated international departments.
There is also the opportunity for increased account earnings to consider!
Unlike other wholesale insurance broking operations, the scope of our services extends far wider than simply the marketing of difficult or unusual risks. As well as having the contacts, capabilities and expertise that are key to the placing of risks with the best possible market, the benefit of working with GLOBEX EUROPE is the added value we bring in terms of local country knowledge. This includes knowledge of products, market trends and service providers as well as country nuances.
Unique Features of Globex Europe
- We provide service on a multi-lingual, local and multi-national basis.
- We are able to provide prompt solutions to complex international insurance problems due to the in-depth international insurance experience of our staff and our resources.
- We have a wealth of practical knowledge and understanding of local customs, laws, policy forms and insurance regulations.
- We can provide, where needed, a full range of risk management services, such as loss control, appraisals, captive funding and other alternative risk financing mechanisms.
- We are familiar with the facultative reinsurance arrangements, excess layer programs and customized DIC contracts that are often needed to support the placement of larger accounts.
- We have strong relationships with industrial / commercial insurance brokers in over 100 countries worldwide.
How Globex Europe Can Help
The number of companies requiring expert insurance help in connection with international issues continues to increase. This is to be expected in view of the significant increases in European investment overseas as well as foreign investment into Europe.
GLOBEX EUROPE has recognised the need for specialist assistance in this area and we are pleased to be able to provide our broker and agent clients with an international capability.
The resources and marketing efforts of GLOBEX EUROPE are
concentrated in the following areas:
- European companies with operations outside their home country
- European based companies with operations in North America
- Foreign companies with operations in Europe
Lines of Coverage
GLOBEX EUROPE can assist you with the placement of all lines of international insurance coverage. The following are examples of the classes of business that we handle on behalf of our clients on a daily basis:
- Property Damage/Business Interruption
- Marine - Ocean Cargo and Inland Transit
- Public/Products Liability
- Public/Products Liability
- Motor - Third Party Liability and Accidental Damage
- Excess/Umbrella Liability
- Difference in Conditions/Difference in Limits coverage for both Property and Liability risks
- Employers Liability/Workers Compensation
- Directors & Officers Liability and Errors & Omissions
- Political Risk covers (CEND, Contract Frustration, License Cancellation, Currency Inconvertibility, K&R)
- Export Credit Insurance and Import Credit Insurance
- International Employee Benefits
- International Performance Bonds
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