In today’s fast changing world, companies face risks that span borders and regulatory regimes, which is resulting in growing interest in multinational insurance, a fully end-to-end customized service for the cross-border exposures of organizations, including risk transfer and captive services.
What are some of the current and future trends in this space?
1. Cross-border exposures have never been more volatile for multinationals. Expect the unexpected.
2. A complex regulatory environment, broadening client footprints and improving technology mean the global program market is poised for sustained growth.
3. Digitalization is unlocking real-time data and enabling greater collaboration.
4. Growing use of captives alongside global programs.
Source: Allianz Corporate Solutions