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- An experienced team of international insurance professionals. We are our Partner Markets’ international department.
- Placement and administration of global programs within our network of insurers in 130 countries.
- We are our Partner Markets’ information desk. We keep you up to date with the latest information on regulatory and country specific requirements that will ensure compliant global programs.
- Our Globex Broking division manages a network of brokers, which is a potential source of business for our Partner Markets.
Fronting and Placement Services
Globex enhances our Partner Markets’ ability to write multinational programs.
Multinational Underwriting Services Globex’s Multinational Underwriting Services division provides international underwriting and placement services to a select number of insurers (Partner Markets), by providing them with “in-house” international department and a global network of underwriters. In Partnership with Globex MUS, our Partner Markets can advertise and deliver a true global capability.
Globex Offers Underwriters a Complete Global Solution The global insurance market place and international risk management community are clamoring for a centralized database on rules, regulations, taxes and fees in all countries across the globe. The goal is to ensure all customers are in complete compliance when implementing global programs. Read how Globex is offering a complete global solution.
11 Step Process The 11 Step Process offered by Globex is designed to give our clients the confidence that we handle every placement inquiry in a consistent and reliable manner. We work within this framework to ensure that our team members meet the Globex standards of excellence and deliver results for our clients. We have created a structure that achieves the best services and products, consistently, globally.
The four cornerstones of the Globex MUS value proposition are:
Partner Market provided capacity in an excess layer for account ABC. Primary was controlled by a global player due to ability to place admitted paper. Primary pricing and fronting fees increased forcing a reduction in the pricing of the excess layers. Partner wanted to participate in the primary. Partner proposed a total program solution including primary, excess and fronting using the services and capabilities of Globex. Partner won the entire account due to competitive pricing....