Global protection for global businesses
In this increasingly globalised world we live in, businesses have the opportunity to access international markets to support their growth ambitions. For your UK domiciled clients with overseas risk exposures, they need peace of mind that they are protected, wherever their business takes them.
Based in the UK, our dedicated Multinational team provide the service capability for your largest and most complex clients. Supported by a network of trusted insurance partners around the world, with underwriting, claims, risk management, and our dedicated relationship teams, we can provide tailored global insurance solutions to help protect your client's people and assets.
Compliant programmes
Fully compliant programmes that adhere to overseas regulatory and tax rules, giving you and your client full confidence that their business meets the regulations.
Multi line capability
We have the ability to lead on Property, Liability and Specialty lines, either as a standalone or part of a package; covering different territories under one controlled master programme.
UK Multinational hub
Our London-based team of experts are on-hand to support you and your clients. From empowered underwriters and service experts, through to our team of network managers, we're here from policy inception through to ongoing relationship management.
Proposition Overview
Why Aviva Multinational?
A global network of trusted insurance partners
- Comprehensive network of local insurers covering 170 global territories.
- With in-depth knowledge of local regulatory and compliance matters, our partners ensure compliant placement of overseas risks, coordinating local policy wordings, premiums and claims management.
- For consistency in our offering around the world, our partners are carefully selected to ensure they have the capability to mirror Aviva's appetite.
- To maintain high service standards, each partner is individually assessed for financial security, reputation, service excellence, and will adhered to agreed service level agreements (SLAs)
The support you need, where you need it
- A dedicated UK Multinational hub helps to maintain a high standard of compliant programme structuring, implementation, and ongoing servicing.
- Supported by dedicated global teams in underwriting, claims, and risk management, we've the right people with the right expertise to help make sure your client has the protection they need.
- For your most complex clients, a dedicated Client Relationship Manager will provided tailored support and act as Aviva's first port of call.
Wide ranging product suite
- A suite of products that provide a breadth of cover to cater for your clients' needs
- Lines available in isolation or as part of an overall package, with each covered under a UK-controlled master programme
Compliant Programme Structuring
- Overseas coverages available under a combination of Freedom of Services (EEA), permissible unlicensed, Financial Interest Clause, Difference in Conditions and Difference in Limits (DIC/DIL) and/or on a fully admitted basis with in-country local policies
- We provide clients with programme structure documents which deliver clarity on premiums, taxes and reassurance on compliance
Risk management
- Risk management services and prevention solutions both in the UK and for some local territories
- Dedicated risk consultant co-ordinating all aspects of the programme, utilising our global field engineering network and make sure you have access to the right experts
Claims excellence
- Our claims service, in conjunction with our network partners, makes sure you and your clients get the right support from the right people every step of the way
- Dedicated Claims Service Manager are a gateway to all our claims services
Products
We pride ourselves on on being able to provide cross-class solutions. From standard class programmes in Property, through to programmes for Specialty and Financial Lines, we're confident we can meet the needs of your clients. In addition to our core products below, we can consider cover needs on a case by case basis:
- Property and Business Interruption
- Public and Products Liability
- Marine Cargo
- Professional Indemnity
- Management Liability
- Accident and Health
- Property Investors
Appetite
Our multinational appetite is wide reaching globally, but it's designed for clients that would typically align to the following view:
- Aligned with our individual underwriting strategy by line of business
- Risk-managed business, with particular focus on how risk management is embedded in overseas subsidiaries
- UK / EEA domiciled
- UK master policy
You can find out more about our appetite on our Global, Corporate and Specialty website.
Business Transition
We're committed to delivering a smooth and seamless transition for you and your client, through engaging and listening to your client's needs and requirements, in order to build the foundation for a long-term and mutually valuable relationship.
We'll manage you and your client through the following stages to make sure you have a great experience moving to Aviva:
- Establishing programme requirements
- Programme design and compliant structuring
- Quotation & negotiation of terms
- Pre-programme implementation
- Inception date - programme transitions to Aviva
- Onboarding
- Programme implementation and ongoing servicing
- Stewardship
- Contract renewal
Claims
We recognise the impact a claim can have on your client's business and aim to get things back to normal as quickly as possible.
You can find out more about our claims process by reading our Global Claims sales sheet.
Our Multinational Portal
Our Multinational Centre of Excellence (CoE) supports clients in keeping their multinational programmes compliant with local market regulations and tax requirements. You can contact us for support in these areas at MultinationalCOE@aviva.com.
In addition, once you've bound one or more Multinational programmes with us (which involve local policies with the Aviva partner network) our Multinational Portal will give you a real-time online view of each client’s:
- Programme structures
- Local policy issuance status and premium tracking
- Local policy documentation
- Programme contacts
You’ll need to be given access to the portal by our Multinational CoE who will set you up once qualifying programmes have been bound.
Find out more
To find out more about our Multinational cover please contact your Aviva Broker Development Manager or usual underwriter. They can also support you with overseas coverage requirements.
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