11 Step Process - Globex International Group

11 Step Process

1. Local Risk / Benefits Assessments

  • Visit to local facility
  • Interview with local management
  • Site survey
  • Exposure analysis, including census
  • Review of local policies and local service providers
    > Accurate values and demographics determined
    > Identification of exposures, any liabilities and health needs
    > Appreciation of local servicing needs

2. Country Report Compiled

Includes:

  • Risk / Benefits Assessment Questionnaire
  • Local policy review
  • Loss experience
  • Country profile, including Social Security information.
  • Observations/recommendations from a global as well as local perspective
  • Program alternatives

3. Design of Customer Driven Insurance Solution

  • Global / local placements tailored to meet client’s specific needs
  • Servicing standards agreed

4. Selection of Service Providers

  • Markets
  • Brokers
  • Others as required

5. Client meeting to review conceptual solutions

6. Marketing of agreed program(s)

7. Review of market responses and proposal to client

8. Acceptance / Inception / Implementation

9. Service Bulletin / Communication Kits drafted and distributed to overseas brokers

10. International Procedures Manual and/or Contracts distributed to all parties (Markets, Brokers and Client)

11. Management and Maintenance of program