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FOR INTERMEDIARIES ONLY
Multinational Solutions
FOR INTERMEDIARIES ONLY
Coronavirus (COVID-19) information
As the Government takes measures to exit lockdown, we continue to operate our current working from home model for our UK offices. The safety of our employees, customers and brokers whilst providing a high level of customer service remains our top priority. Please visit our information page for help and advice.
Clients with Multinational needs are an important and growing segment for the mid-corporate commercial insurance market. We offer three Multinational solutions for UK registered companies with assets or liabilities overseas.
Standalone local policy
For companies with large or complex overseas risks, our preferred approach is to issue Standalone Local Policies in the territory where those risks are situated, ensuring guaranteed compliance with local mandatory requirements.
Our multinational commercial network can now serve more than 160 countries. Access to our multinational commercial network can be arranged via your underwriters.
For further information please contact your local Allianz business representative or find a branch.
Benefits
- Offers your client the possibility of accessing special local covers, such as Natural Catastrophe funds, Workers Compensation and Terrorism
- Issued in the local language
- The policy will be processed locally, meeting all local fiscal requirements
- A local broker can be recommended by Allianz in countries where there is a local requirement to have one
- Local risk management, insurance surveys and advice services can be provided.
Claims
- Notification and handling will be in the overseas territory where the claim event occurred
- Settlements paid directly to the local company where the loss takes place
- Claims can be paid to the local subsidiary and in local currency alleviating any exchange rate losses.
Multinational products
For companies with incidental overseas exposures, we have developed two Multinational products:
Benefits
- Offers your client the possibility of accessing special local covers, such as Natural Catastrophe funds, Workers Compensation and Terrorism
- Issued in the local language
- The policy will be processed locally, meeting all local fiscal requirements
- A local broker can be recommended by Allianz in countries where there is a local requirement to have one
- Local risk management, insurance surveys and advice services can be provided.
Claims
- Notification and handling will be in the overseas territory where the claim event occurred
- Settlements paid directly to the local company where the loss takes place
- Claims can be paid to the local subsidiary and in local currency alleviating any exchange rate losses.
Integrated Multinational Programme (IMP)
For large corporate risks, cover is provided by our sister company in the UK, Allianz Global Corporate & Speciality (AGCS).
Risk management expertise
Designed to help manage the risk to your client's business and relevant legislation.
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It must not be made available to anyone other than the intended recipient, either in its original form or any reproduction.
It must not be made available to anyone other than the intended recipient, either in its original form or any reproduction.