ACE’s 10 Tips to Help Brokers Place Effective Multinational Insurance Programs

When ACE Group last month launched ACE Multinational Partner, a package cover for UK & Ireland-based companies with one or more overseas subsidiary, it discovered that brokers were concerned about lack of knowledge and expertise in placing complex multinational programs.

As a result of that concern, ACE has developed 10 top tips for brokers who want to successfully manage global programs, which it released at this week’s British Insurance Brokers’ Association (BIBA) 2015 conference and exhibition in Manchester, England.

An ACE representative said the list below is applicable, not just for UK brokers, but also for mid-sized and smaller regional brokers across the globe. The list is designed to help brokers navigate the difficulties of multinational business placements:

Jeff Hobson, ACE multinational partner project team member, ACE European Group, said:

“We know from our research that regional brokers across the UK are keen to expand their knowledge of multinational program placement because more and more of their clients are expanding overseas for growth. However, cross-border policies are a complex minefield that many find hard to navigate.”