{"id":6044,"date":"2025-06-30T15:00:19","date_gmt":"2025-06-30T15:00:19","guid":{"rendered":"http:\/\/calebdewey.com\/?p=6044"},"modified":"2025-06-30T16:29:40","modified_gmt":"2025-06-30T16:29:40","slug":"swiss-res-global-reach-guides-clients-through-new-markets-supply-chain-shifts-porter","status":"publish","type":"post","link":"http:\/\/calebdewey.com\/index.php\/2025\/06\/30\/swiss-res-global-reach-guides-clients-through-new-markets-supply-chain-shifts-porter\/","title":{"rendered":"Swiss Re\u2019s global reach guides clients through new markets & supply chain shifts: Porter"},"content":{"rendered":"

Will Porter, Head of International Programs Americas at Swiss Re Corporate Solutions, says the firm\u2019s global footprint, through local offices, partners, or past programs, allows it to provide regulatory insights, peer benchmarks, and practical guidance to help companies shift supply chains into new or unfamiliar markets.<\/p>\n

\"\"Speaking with Reinsurance News in a recent interview, Porter shared insights on how Swiss Re Corporate Solutions is positioned to support multinational clients amid shifting cross-border risks.<\/p>\n

“When I think about currency risk and the conversations I have with our customers, the best way to manage it is really by focusing on the timeliness of payments, whether they\u2019re making them to us or we\u2019re making them to them,” Porter said, discussing how firms can best navigate currency exposure across multiple regions.<\/p>\n

He continued, “A big part of what we do within international programs is trying to make processes as efficient as possible. In today\u2019s world, there\u2019s a lot of uncertainty and significant fluctuations in currency markets. The best approach we’ve seen is to move payments as quickly as possible.<\/p>\n

“That means getting contracts agreed upon early, making sure everyone is aligned when a program is implemented, having premium allocations finalised at inception, or as soon as possible after, and ensuring that all payments are executed properly.<\/p>\n

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“We can\u2019t control the markets, but we can control time, and that\u2019s where we can make the biggest impact.”<\/p>\n

Porter also shared best practices for accelerating cross-border policy reviews and premium transfers in today\u2019s complex environment, noting, “When it comes to policy reviews, transparency is the number one best practice.<\/p>\n

“There are typically three key parties involved in any insurance transaction: the insurance carrier, the broker, and the insured. That tripartite relationship functions best when all three are as transparent as possible with one another, when everyone understands the expectations, the intent behind the insurance program, and what those policies will look like across the countries where they\u2019re issued.”<\/p>\n

Porter continued, “When that clarity exists up front, the review and acceptance process moves much faster. We see the local entities of all three parties working more efficiently because they know what to expect.<\/p>\n

“We\u2019ve also started sharing information collectively, rather than having each party pass things along separately to their respective counterparts. Now, we\u2019re working more as a unified group, which leads to fewer surprises during the review phase.”<\/p>\n

On how a global insurance partner adds value as companies shift supply chains into new or unfamiliar markets, Porter observed, “Information is a critical factor for success in today\u2019s economy. When a customer or prospect is looking to enter a market they\u2019re not familiar with, one of the best things they can do is reach out to us as part of the design phase for their international program.<\/p>\n

“Because we operate globally, we\u2019re familiar with insurance programs in many countries. Chances are, we\u2019ve had some form of experience in the market they\u2019re considering, whether that\u2019s through one of our partners, our own local office, or past programs we’ve run.<\/p>\n

“We can provide insights into the regulatory environment, approaches taken by peer companies, and general guidance based on what we’ve seen work.”<\/p>\n

He went on, “If we go a little deeper, particularly from the perspective of our North America portfolio, which is heavily focused on property business, we can also add value through risk engineering. Property insurance often involves natural catastrophe (nat cat) exposure. At Swiss Re, we\u2019ve built a longstanding reputation as nat cat experts.<\/p>\n

“One tool we offer is called Risk Data Services (RDS), which gives customers a view of nat cat exposure at sites they\u2019re evaluating, even if they haven\u2019t moved in yet. Whether they’re considering building or partnering in a supply chain, we can show the current exposure and, through this product, even project what it might look like decades into the future under various climate change scenarios.<\/p>\n

“It all comes down to leveraging the information and insights we have as a global company. That\u2019s where we can truly support our clients.”<\/p>\n

In closing, Porter highlighted how Swiss Re Corporate Solutions is well-positioned to support multinationals as they navigate evolving cross-border risks.<\/p>\n

“I think we\u2019re well-positioned, and that\u2019s not by accident. It stems from the global footprint we’ve built, originally through our reinsurance business. The Corporate Solutions arm has been around for 10\u201315 years now and was designed to give us more direct access to customers and bring us closer to them,” Porter said.<\/p>\n

He concluded, “In the international program space, especially as it relates to cross-border business, we\u2019ve invested heavily over the past five or six years. We\u2019ve built a strong, experienced team and, just as importantly, a robust technological platform.<\/p>\n

“That platform helps connect our customers, brokers, and our own teams, again, going back to that tripartite relationship, so that everyone is aligned and working toward the same goal. And we\u2019ve seen that strategy pay off as we\u2019ve grown our international portfolio.”<\/p>\n

The post Swiss Re\u2019s global reach guides clients through new markets & supply chain shifts: Porter<\/a> appeared first on ReinsuranceNe.ws<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Will Porter, Head of International Programs Americas at Swiss Re Corporate Solutions, says the firm\u2019s global footprint, through local offices, partners, or past programs, allows it to provide regulatory insights, peer benchmarks, and practical guidance to help companies shift supply chains into new or unfamiliar markets. Speaking with Reinsurance News in a recent interview, Porter […]<\/p>\n","protected":false},"author":1,"featured_media":6046,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[10],"tags":[],"_links":{"self":[{"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/posts\/6044"}],"collection":[{"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/comments?post=6044"}],"version-history":[{"count":3,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/posts\/6044\/revisions"}],"predecessor-version":[{"id":6048,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/posts\/6044\/revisions\/6048"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/media\/6046"}],"wp:attachment":[{"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/media?parent=6044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/categories?post=6044"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/tags?post=6044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}