International Insurance Solutions Policy

What is International Insurance Solutions?

As Indian companies aggressively target overseas markets, their risk exposure in a dynamic global environment has considerably increased. A strong Risk, Compliance and Governance framework can reassure customers, investors and regulators about the reliability and credit worthiness of the brand and position it to create outstanding value for them. International Insurance is a tool that helps businesses hedge against risk and make long term, strategic business decisions with confidence.

Whether you run a business that is an integral part of a global supply chain, an Original Equipment Manufacturer (OEM), offshore services provider or joint venture partner, an integrated risk management strategy is a core business imperative for you. If entering global markets is a part of your vision for your company, risk management should form a fundamental pillar of it.

To stay on the cutting edge of innovation, entrepreneurs and innovators need access to venture capital and strategic partners. Bringing a product to market requires compliance with extensive legal, technical and regulatory frameworks that can affect growth. In other words, to maximize opportunities and mitigate risks, a long term risk mitigation approach is required.

Companies commonly evaluate business opportunities in specific countries based on prevailing market conditions and the overall economic outlook. The Ease of Doing Business Index is one of the many indicators of market potential. Along with market analysis that considers external market factors, a comprehensive internal capability assessment is required to ensure that any potential bottlenecks in establishing and scaling business operations are identified as early as possible. Given the size of investments involved in setting up infrastructure, not doing so could have serious consequences.

The headwinds of change may alter the course of established markets overnight. Changing consumer preferences, environmental sustainability issues, disruptive new technologies, Intellectual Property Rights (IPR) violations and preferential trade related government policies can affect the viability of your business.

Why Bajaj Allianz International Insurance Services?

Bajaj Allianz General Insurance Global Risks Division helps companies identify potential business risk and build resiliency into their operations. Strategic planning helps organizations better allocate resources; develop long term business relationships with suppliers and customers and also earn their goodwill. Our International Insurance plans are customized to suit the dynamic needs of your business in overseas markets.

Whether you’re venturing into a new market for the first time or have been operating in it for a while, Bajaj Allianz partners with you to assess and develop International Insurance solutions that facilitate positive business outcomes. In conjunction with Allianz Global Corporate Specialty, our International Insurance solutions help businesses navigate challenges and better serve the communities they operate in.

With the help of our International Insurance services, you can insulate your company from potential liabilities and protect revenues, market standing and boost investor confidence. The momentum gained by the interaction opportunity with execution strategy can propel your business to new heights of growth. With a global network that spans more than 160 countries, Bajaj Allianz International Insurance services provide Indian multi nationals with comprehensive solutions that combine global protection with the benefits of local delivery.

Our comprehensively managed International Insurance Services integrate seamlessly with the existing Risk and Compliance procedures of your business. With our proven expertise, you can synergize disparate elements of your existing Corporate Governance framework. This can enable robust and coherent, enterprise-wide International Insurance solutions that are adaptable to change. If you have offshore delivery centres spread across the globe, our International Insurance Solutions can help you manage legal and operational business risks in an integrated manner as part of the overall business strategy.