Divisions – International
| Contact Info |
Martin Elkinson Ray Courtien |
Frenkel’s International Division is structured to respond to the unique needs of foreign owned companies and their U.S. subsidiaries. Our involvement in the multinational insurance community spans more than five decades. Through this experience we have acquired in-depth knowledge of international business practices and insight to the global insurance marketplace. Our staff has the ability to apply complex insurance concepts to specific situations. As an international corporation, we are accustomed to working in conjunction with a client’s risk managers, captive brokers or independent correspondents.
The International Division centralizes its business in our New York office. This makes it possible for our clients to access our full complement of resources, and enables us to employ the team approach we have developed to meet our insured’s specific requirements. Over the years we have gathered claims experts, engineers and financial analysts to work with our account executives and broaden our capabilities beyond insurance broking. With our specialists in one location, we can draw upon their diverse experience by involving them in each project to provide a coordinated insurance program.
To ensure that we are able to provide our clients with the most innovative and cost effective insurance programs available, we have worked diligently to gain the trust and respect of top-rated international insurance companies. We regularly visit with senior executives at their home offices, keeping abreast of global business developments and new product offerings. We constantly review and analyze the insurance marketplace so we know each carrier’s product lines, underwriting criteria, pricing structure and claim procedures. We understand their history, their strengths and their weaknesses. Frenkel’s established credibility and preferred status with insurance carriers all over the world gives us the edge when negotiating coverage or claims settlements.
Our experience has taught us that the best way to achieve client satisfaction is through active communication. Supplementing our capabilities to communicate with clients electronically anywhere in the world, our account executives regularly visit the U.S. subsidiary locations as well as the home base of operations. These meetings allow us to advise clients of the changes in the U.S. market and to remain informed about evolving insurance needs and new risk exposures. By actively communicating with each of our clients, we are aware of how global business developments impact them. This information allows us to act quickly in situations where a timely response is critical in securing our clients' best interests.
