KMRD Partners Joins Worldwide Broker Network (WBN) to Reduce Cross-Border Risk
KMRD Partners today announced its membership into the Worldwide Broker Network™ (WBN) – the largest fully integrated network of independent Property and Casualty and Employee Benefits Brokers in the world.
An international network of insurance brokers, WBN extends KMRD’s reach around the globe and strengthens our ability structure sound, efficient international insurance programs. With this membership, KMRD can provide global clients with local expertise and support US-based clients with a unique set of international capabilities, including global servicing, local country relationships, specialized market knowledge. KMRD’s WBN platform also includes proprietary collaborative technology, WBNet 3.0 – which allows 24/7 communication, project management, and access to all relevant risk and insurance information worldwide.
Founded in 1989, WBN has grown from nine member firms in Western Europe to more than 100 partner firms spanning the globe and serving clients through 500+ offices on six continents. WBN has become an important part of the industry’s distribution network – and generates an estimated $50 billion in property/casualty and employee benefits premiums annually (or approx. $5.25 billion in revenues).
KMRD + WBN serves the cross-boarder needs of clients around the globe
With partner firms represented in over 100 countries throughout Europe, North, South and Central America, Africa and the Asia Pacific region, WBN is the largest fully integrated network of independent property & casualty brokers and employee benefits consultants in the world. WBN members are the leading, independently owned firms in their respective markets providing the highest level of client service to both insurance and employee benefits clients.
Partnering with the WBN gives KMRD the ability to handle localized insurance and employee benefits for globally managed programs, ensuring that our clients receive comprehensive service from a single source.
WBN Video: Why WBN in 100 Seconds
WBN Vetting & Accountability
To be considered for membership, a firm must be a top-quartile, highly respected firm in the country or countries in which they are applying, agree to establish an International Desk staffed with English-speaking contacts, and capable of handling the flow of international business into and out of their company.
Members of WBN are meet regularly and accountable to each other individually and to the network as a whole. Each member is subject to scheduled, formal 360° reviews by other members to confirm that the member being reviewed is a responsive, knowledgeable and reliable partner.
Need assistance with global exposures? Learn more about our WBN Membership.