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Global Insurance Management

In the era of globalisation, companies are expanding in a combination of ways - through acquisition, merger, and emerging market growth. Corporate structures, internal and external relationships are becoming increasingly complex; a feature often mirrored by insurance and risk management arrangements.

Ensuring your services are compliant with constantly changing insurance and tax regulations is essential. However, this along with the co-ordination of internal and outsourced risk and insurance services, risk data collection and 'management overload', that can often distract insurance and risk managers from priority objectives, can often leave the potential for gaps and duplications in cover.

JLT's specialist Global Service Team (GST) is entirely dedicated to global servicing. The team employs extensive expertise, a number of multilingual individuals and specific resources to provide centralised management of global and local insurance programmes.

By providing you with choice and flexibility and access to the JLT International Network, with service capability in more than 130 countries, we give you control of your global insurance programme.

The type of service you select is driven by your own objectives, resources and capabilities. It can range from a full global/local broker service through to the management of a specific task, such as data collection, or an independent review of your overseas insurance programmes and policies. We are able to offer a range of different service models, from the traditional method of appointing local brokers in each country of operation, through to an emerging trend pioneered by JLT where local brokers are appointed only where they add value and service is substantially delivered from our Global Service Team in London.

To learn more about our Global Service Team and the value they create please read our brochure:
Global Insurance Services - Your Dedicated Global Service Team

 

The services that JLT's Global Service Team (GST) offers, include:

Type Of Service	Value Created
Global Programme Management	- Central point of co-ordination - Standard service delivered - Pro-active approach to issues.
Local Programme Management	- "Eyes and ears" of the Insurance/Risk Management Department - Control over local spending - Local advice and compliance.
Data Collection and Collation (including check and challenge)	- Allows Insurance/Risk Manager to concentrate on renewal strategy; GST can automate the systems, saving time and avoiding duplication of effort - Reduces the possibility of mis-keying data.
Fronting Tenders	- Identifying which insurers match a client's global spread and service requirements, ensuring that only the insurers who have the right capabilities participate, eliminates time wasted - Entirely project-managed - Regular communication - all updates shared.
Global Insurance Review	- Increased client control - Reducing costs - Supporting compliance objectives - Starting point for local insurance registers on a go-forward basis - Enhances implementation of group/regional insurance buying strategies.
"Ad-hoc" Advice	- Helpline for all queries relating to insurance on a global basis, including admitted/non-admitted cover - Assists clients in ensuring they comply with local legislation.