Global Capabilities

Multinational Risk Management

Hays Companies is an active member of the Worldwide Broker Network--the largest organization of independent insurance brokers in the world. This network includes over 50 members throughout Europe, the Americas, and the Pacific Basin, and offers a highly integrated approach to multinational clients. All Worldwide Broker Network (WBN) members are required to speak fluent English. All WBN members are also required to attend semi-annual conferences that are held around the world, which facilitates global teamwork and an overall commitment to the network.

Hays Companies understands the complexity of global risk management programs and the flexibility required to meet your specific needs in servicing international insurance placements.

The best programs, we believe, start with a clear understanding and consideration of the unique issues associated with multinational companies:

  • Exposure identification
  • Financial environments (taxation, currency exchange)
  • Legal environments
  • Socio-Economic issues
  • Attitudes and beliefs
  • Education
  • Language issues
  • Travel/time issues

Once we understand your goals, we can coordinate the servicing of your international risk management program using one, or a combination of, the following:

Replace Existing Local Brokers with WBN members

  • Hays will coordinate a move to WBN members, orchestrating local introductions
  • Hays will create custom servicing guidelines to meet your international risk management goals
  • Hays will facilitate global communication with local brokers using our proprietary internet based communication system

Maintain Existing Local Broker Relationships

  • Where there are existing strong local broker relationships, Hays has the flexibility of continuing to work with the current local broker
  • Existing local brokers are forced to provide a high level of service because Hays has an alternative within the WBN that can replace the local broker if necessary

Whether or not you are already a multinational corporation or if you are considering exporting or expanding overseas, Hays Companies has the ability to service your risk management needs on a global basis.