FAQs
Q. How is GlobalEx different than the broker we currently deal with?
We use a proprietary diagnostic review and audit process to uncover your needs and then tailor the insurance program to meet those needs. Our apporach is consultative and hands-on, we like to consider ourselves as an extension of your management team.
Q. Our company has only 8 employees and limited resources, would GlobalEx be able to provide service to our firm?
Yes, GlobalEx has close ties to the venture capital and private equity markets, and we have developed exclusive programs for start-up and emerging growth stage companies. We are there for you in the beginning and will guide you through the various stages of your company life cycle.
Q. We are a biotech company with no product sales, do we still need insurance?
Yes, early stage companies involved primarily in research and development have very unique exposures that require customized insurance solutions. From clinical trials, to damage to your R&D operations, to protecting your intellectual property GlobalEx offers customized affordable solutions.
Q. My contract requirements call for professional liability and intellectual property infringement coverage, do we really need to go through the expense of placing these coverages?
GlobalEx will review all of your contracts and provide advice and commentary relating to the insurance requirements. We can assist you in negotiating the terms of the contract as we deal with your industry on a daily basis. We have access to insurance markets both domestically and internationally and can provide affordable solutions for professional liability, intellectual property infringement and a variety of other coverage's commonly requested by your customers.
Q. How do I engage the services of GlobalEx?
We would be pleased to meet with you for an introductory meeting to explain our approach to your business and how we operate.
We do not operate as a typical insurance broker and rarely get involved in tender business. We provide a more consultative approach and can obtain coverage that is better suited to your needs while being more price competitive because we simple make it our business to understand yours.
