The Hartford is enhancing its multinational capabilities with the launch of The Hartford Global Insurer Network, a directly-managed network of insurer partners backed by a new global technology platform.
In a statement, The Hartford said that, through this new network, it will offer insurance coverage for U.S. companies in more than 200 countries through local and regional partners.
“For a U.S. company, doing business globally can present a variety of new risks and having the right protection in place to operate in other countries is essential,” said Alfred Bergbauer, head of multinational insurance at The Hartford. “We are pleased to expand our network of global partners to continue to provide the insurance solutions our customers need around the world and the excellent service they have come to expect.”
The Hartford said that it continues to build its Global Insurer Network, which will comprise more than 80 local and regional insurers. This includes partners such as Aviva, a U.K. insurer, which will service the needs of The Hartford's customers operating in the United Kingdom and Ireland.
In addition to offering U.S.-based customers local policies in foreign countries, The Hartford will service local U.S. policies for clients of its strategic partners.
“Like Aviva, The Hartford has more than 200 years of history and shares similar values, making them the ideal partner as we embark on our next phase of growth,” said Colm Holmes, the president and chief executive officer of Aviva Canada and of Aviva Global Corporate & Specialty. “The Hartford will provide Aviva's clients with a comprehensive insurance solution in the U.S. – and we look forward to servicing the needs of their customers in the U.K. and Ireland.”
The Hartford also has developed a cloud-based network management and engagement platform that will allow for a real-time collaboration among local partner offices in the network to track and service policies. The platform will provide a view into the underwriting, instruction issuance, claims information, and account information, and will track key performance indicators by program, country, and partner.
“Successful multinational programs require close collaboration among the customer, broker, carrier, and network partners,” Mr. Bergbauer said. “The new system provides a central resource to view and manage the policies in a way that is efficient and transparent.”
Learn more: www.thehartford.com/multinational.
Victoria Spears
Victoria Prussen Spears is senior vice president of Meyerowitz Communications Inc., a law firm marketing communications consulting company. A graduate of Sarah Lawrence College and Brooklyn Law School, Ms. Spears was an attorney at a leading New York City law firm before joining Meyerowitz Communications. She may be contacted at [email protected].