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Zurich looks to simplify the structuring of international insurance programs

24th February 2021 - Author: Luke Gallin

Global re/insurer Zurich Insurance Group has further developed its Multinational Insurance Application with the launch of its new Zurich Global Program Support (GPS) Tool, designed to simplify the process of structuring international insurance programs.

Zurich LogoThe new tool provides large multinational businesses with valuable information to aid in the design of international insurance programs, while at the same time reduces both uncertainty and complexity in the decision-making process.

According to Zurich, clients gain access to independent and accurate legislative and regulatory data and insights, enabling them to make improved decisions when selecting coverage across various jurisdictions.

Zurich GPS Tool is an expansion of the Multinational Insurance Application established by Zurich as part of the Multinational Insurance Proposition.

“Multinational companies are operating in an increasingly globalized and complex environment where insurance regulation varies from country to country. Adherence to local insurance legislation and understanding international regulation is critical when structuring international insurance programs,” said Vinicio Cellerini, Head of Commercial Insurance Customer & Distribution.

By leveraging modern technology, the tool allows users to oversee and manage their insurance coverage in an ever-evolving environment, to put in place adequate protection for their workforce and assets. Users are able to access the new tool via the My Zurich platform, and non-customers can request independent access to the tool.

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