The Hanover Insurance Group has teamed up with RSA Insurance Group to provide a range of insurance coverages to US businesses with overseas risks.
The strategic Hanover RSA partnership agreement will give Hanover access to RSA’s network of local insurers in more than 180 countries across the globe.
RSA global network director Barbara O’Reilly said: “RSA’s Global Network has been providing multinational clients of both RSA Group, and select Strategic Network Partners, with efficient and professional local service for more than 20 years.
“Our measured expansion of our strategic network partner relationships, with companies that share our focus on developing customer solutions, executed with transparency and a commitment to service, drives increased value within the global network, supporting our many customer, broker and partner relationships around the world, and reinforces our position of strength in the multinational market.”
The Hanover core commercial president Michael Keane said: “This relationship helps simplify the process for our agents, enabling them to offer total account solutions for US businesses with international operations.
“By coordinating all elements of clients’ US and foreign insurance programs, businesses can more efficiently and effectively manage possible exposures.”
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Before signing an agreement to join RSA’s Global Network, the Hanover concluded a complete on-boarding programme.
The Hanover will start providing multinational programmes to US customers through RSA’s Global Network during the first quarter of 2019.
The Hanover offers insurance protection for small and mid-sized businesses, as well as for homes, automobiles through a select group of independent agents and brokers.