About Globex
Multinationals are increasingly dependent upon expanding their operations outside the United States so that they can secure fresh markets and increase revenues while remaining competitive in the global economy.
Given the state of the global market, together with a growing void in information, education and true international capabilities, growth-oriented regional and national independent brokers and agents need to retain those customers who are going “global” while also growing new multinational business, both domestic and foreign owned.
Most brokers active in the “Middle Market” do not have a sufficiently large book of multinational clients and prospects to justify the expense of building their own dedicated Global Business Unit. At the same time, they recognize the revenue opportunity in going after multinational clients. In order to effectively compete with the global brokers in this space, offering a credible, comprehensive global capability is a must.
Partnering with Globex gives growth-oriented brokers the best of both worlds.
About Globex International
Globex International is an international employee benefits, insurance and risk management consulting firm for brokers, agents and underwriters. We provide our customers with an in-house international department or resource, which brings international capabilities and expertise to their operations and customers. Key benefits include:
- A dedicated team whose members have over 200 years of international brokerage and underwriting experience.
- Access to worldwide network of 300 brokers and consultants, spanning 130 countries outside the United States.
- Access to a wide range of international insurance and employee benefits consulting and brokerage services.
- Effective program implementation and management utilizing our worldwide network.
Our staff has previous employment/management experience with the following companies: AIG, CIGNA, AON, Chubb, Continental, Royal, General Accident, Home, Arkwright, Lloyds, A&A, Johnson & Higgins, Minet, Marsh and Willis Corroon.
The Result
The wealth of Globex’s multinational expertise, experience and relationships, coupled with our results-oriented execution and performance, provides multinational customers with the most comprehensive and professional customer driven solutions to accomplish and protect their multinational growth strategy.
Compensation
Globex compensation comes from a combination of three sources:
- An annual Partnership fee based on a percentage of the Partner Broker’s total revenues
- Sharing commission revenue from business jointly developed with the Partner Broker
- Fees from risk/benefits assessments or other consulting projects