Globalex’s thorough approach to risk management goes much further than the placement of insurance. The ultimate goal is to reduce your risk profile, which will not only contribute to reducing your insurance cost but, most importantly, will reduce the likelihood of a loss which could otherwise negatively impact your organization. To achieve this goal, we provide a broad range of complimentary services to our clients before we bind their insurance policy and throughout the entire policy year.
Below we provide a list of the many value-added services we offer to our clients. Please browse this list and contact us if you wish to learn more.
Each client is different and has unique needs. Globalex takes great pride in understanding your business and will develop a customized solution that meets or exceeds your risk management requirements.
With our wealth of underwriting experience and our specialty focuses, Globalex understands your business and has the unique ability to implement procedures that will improve your risk profile in the eyes of the insurers, thereby attracting more competitive terms for your insurance program.
Globalex likes to simplify the insurance renewal process for our clients while at the same time eliminating any element of surprise. We work closely with our clients well in advance of the renewal date to develop a strategic plan of action that will achieve the best results for the new policy year.
As part of our value-added services, Globalex will conduct a thorough analysis of your corporate contracts (licensing agreements, employee contracts, leases, etc.) to review the critical clauses and to ensure that your insurance program is in compliance with the contract requirements.
Globalex will invest the time to understand every facet of your business in order to assist your team in identifying the risks your business is exposed to. We will evaluate the effectiveness of current risk management practices and explore a spectrum of alternative strategies to minimize risk and reduce insurance costs.
Globalex will thoroughly analyze your present insurance program and determine its level of effectiveness in consideration of your organization’s specific exposures and risk management objectives.
Globalex's approach is very consultative. Working in conjunction with our client, we will develop an annual service plan that sets the objectives and service expectations for the coming year and holds us accountable for our service commitments.
Many of Globalex's technology clients operate on an international basis. With our network of global partners through the TechAssure group, we have the capability of designing and implementing a global insurance program that meets all of the regulatory requirements of each country in which business is conducted, and provides consistency of coverage and overall cost savings.
Your organization faces constant change, and your insurance and risk management program needs to keep up. Globalex schedules regular meetings with you so that we can be proactive and anticipate your needs rather than react to them.
Globalex will provide a thorough annual report on the state of the market, your premium and claims experience, and our recommendations for going forward.
Globalex will conduct a thorough analysis of your claims history on an ongoing basis in an effort to identify loss trends, develop risk mitigation strategies, and achieve the proper balance between risk retention and risk transfer.
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