Challenges in Global Insurance And International Claims
Multinational organizations have become extremely powerful entities in the 21st century. There are many companies which have business interests that are spread across hundreds of countries. Given the global nature of such companies, it is only rational for some of these companies to want a global insurance provider. These companies want to standardize the insurance experience for each of their subsidiaries. However, achieving the same is not easy. There are many obstacles that both the insurers as well as the insured have to face while making international claims. These differences have been explained in detail in the article below:
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