Zurich Corporate Global Insurance Programs Solution

Zurich Corporate GlobalL Insurance Programs Solution

We can develop insurance programs for multinational corporations using a variety of products and services, as well as our expertise and worldwide presence. Our global insurance program provides the following advantages:

  • Wide range of products and services, including property, motor fleet, cargo, directors and officers, and our various liability products.
  • Our programs use Zurich’s international network to establish local cover requirements and ensure compliance with local legislation.
  • Harmonized conditions and limits, avoiding any unnecessary gaps in cover.
  • Our Zurich Multinational Insurance Proposition (MIP) is being launched globally to ensure that our products are aligned with regulatory and tax requirements in various territories.
  • Zurich is one of the world’s leading financial services organizations. Our financial strength is recognized in the ratings given to our companies.

Zurich Global Service Network

How does an internainal insurance solution work?

Our international insurance solutions are more than merely insurance treaties. We develop instruments which you can build up, optimize and check your risk management strategy.

Structure

Local level

Zurich issues local insurance policies in each country, you will be benefited by:

  • publicly recognized
  • cover for your specific local needs
  • local claims handling
  • decentralized premium payment, inclusion in the subsidiary's accounting system
  • observance of local legal provisions

Pooling and master level

Your locally issued policies are reinsured by Zurich Switzerland, which pools premiums and claims. A master treaty is concluded between your head office and Zurich Switzerland to govern insurance protection worldwide. The treaty contains additional insurance cover to supplement local policies in the form of DIC (difference in conditions) insurance, DIL (difference in limits) or surplus cover (XS).

Risk Financing - Alternative Risk Transfer (ART)

International insurance solutions may be supplemented with Risk Financing instruments. This enables you to participate in your own risk in different ways, thus equalizing risks according to your individual criteria.