What Globex International Group does

Globex International Group, founded in 1993 and headquartered in Fairfield, Connecticut, is a privately held specialist insurance firm that provides multinational risk management, employee benefits advisory, and international insurance placement services. The company operates two divisions — Globex Broker Services (GBS), which acts as an outsourced international department for selected regional and national brokers, and Globex Underwriting Services (GUS), which provides admitted-market underwriting capabilities to insurance carriers, MGAs/MGUs, and Captives that lack internal international departments. Globex serves Fortune 500 and Global 500 multinational clients through a curated network of more than 300 Partner Brokers across 160 countries and a Network Partner footprint spanning 200+ countries and territories, enabling local, compliant insurance placement across all major coverage lines.

The firm has built three proprietary technology platforms to support its operating model. Globex World is a secure online application that drives an 11-step placement process from submission through binding and ongoing monitoring, used by Partner Markets to submit and manage deals. Globex360 is a client-facing dashboard that consolidates policy documents, premium and claims statements, renewal calendars, and analytics for multinational program managers. Globex Insight, launched with Marine as its first coverage line in 2020, is an annual subscription platform delivering jurisdiction-specific regulatory, tax, market-practice, and accounting intelligence. Subsidiary entities — Globex Europe, Globex Asia, Global Processing Services (premium accounting), and a Captives Department — extend the firm's regional coordination, finance operations, and captive management services.

Globex monetizes through a hybrid of commission income on insurance placements, professional services fees for risk management and benefits advisory, subscription revenue from Globex Insight, and fees from paid training programs. Go-to-market is exclusively B2B: the firm sells through its partner broker channel to mid-market brokers and directly to enterprise insurance carriers, with no direct-to-consumer distribution aside from limited online quoting partnerships with GeoBlue, Global Benefits Group, and International Medical Group for individual expatriate and travel products. Pricing is not publicly disclosed and is structured on a quote or proposal basis tied to program scope and coverage requirements.

Name

Globex International Group

Legal name

Globex International Group Inc.

Website

https://globexintl.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

International Insurance and Multinational Risk Management Services

NAICS

Insurance Agencies and Brokerages (524210)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)

Keywords

• International insurance brokerage
• Multinational risk management
• Employee benefits consulting
• Admitted market underwriting
• Global insurance placement

Headquarters

HQ city

Fairfield

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Broker Services - Advisory and Consulting Fees: Provides risk management and employee benefits advisory services to multinational clients through partner brokers. Services include risk assessments, benefits evaluations, M&A due diligence, multinational pooling studies, and program design and implementation.
2. Broker Services - Insurance Placement Commissions: Places international insurance coverage through its network of 300+ partner brokers across 160 countries, earning commissions on property & casualty and health & benefits placements for multinational clients.
3. Underwriting Services - Program Management Fees: Provides international underwriting and placement services to insurers lacking internal international capabilities, managing admitted policy placements across 180+ countries/territories. Manages programs for Fortune 500 and Global 500 companies with premiums in the hundreds of millions of dollars annually.
4. Globex Insight Subscription: Annual subscription-based online platform providing local market intelligence and country-specific information for insurance professionals. Subscription is annual and per coverage line.
5. Training and Education Services: Paid training sessions (in-person and webinar formats) on international insurance topics from 'Multinational Insurance 101' to advanced structuring and calculation courses. Topics can be customized to fit client programs.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Globex International Group delivers multinational insurance and risk management services through two divisions. Globex Broker Services (GBS) acts as an outsourced international department for partner brokers, providing risk assessments, employee benefits consulting, and insurance placement across 160 countries. Globex Underwriting Services (GUS) equips insurance carriers with admitted underwriting capabilities in 180+ countries/territories, managing program placement and administration for Fortune 500 and Global 500 clients. Operations are supported by three proprietary platforms: Globex World, Globex360, and Globex Insight.

Product overview

Globex International Group operates two core divisions offering a platform-plus-services model for multinational insurance and risk management. Globex Broker Services (GBS) provides risk management and employee benefits consulting plus brokerage services through partner brokers, while Globex Underwriting Services (GUS) offers international underwriting capabilities to insurers. These core services are supported by proprietary technology platforms: Globex360 for client policy management and tracking, Globex World for secure insurance application processing, and Globex Insight for country-specific intelligence subscriptions. The portfolio also includes specialized sub-products covering Property & Casualty, Health & Benefits, Partner Broker Network, and Training & Education services.

Differentiator

Problem solved

Functional benefit

Brands

• Globex360: Proprietary online platform for managing and tracking global insurance and benefits policies, providing integrated dashboards for monitoring risks, coverage, costs, and renewal status.
• Globex Insight
• Globex World
• Globex Broker Services (GBS)
• Globex Underwriting Services (GUS)

Products and services

• Globex Broker Services (GBS) Multinational risk management, employee benefits consulting, and insurance brokerage delivered as an outsourced international department to 300+ independent regional and national partner brokers across 160 countries, enabling partners to identify, win, and retain multinational clients without building in-house global capability.
• Globex Underwriting Services (GUS) International underwriting and insurance placement services for insurance carriers, MGAs/MGUs, and Captives without internal international departments, providing admitted coverage capabilities in 180+ countries/territories across all coverage lines, from initial quoting through ongoing program administration.
• Globex360 Proprietary online client platform that monitors risks, coverage, costs, and renewal status of worldwide policies, providing integrated dashboards with access to policy documents, premium statements, claims statements, renewal calendars, reports, and analytics.
• Globex World Custom-designed secure online application platform supporting the 11-step placement process from submission through binding and ongoing program monitoring, used by Partner Markets to submit and manage international underwriting placements.
• Globex Insight

Quantifiable outcome

• 48-hour average time to provide initial premium indications
• +3 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature3 records

Partnerships

Three partnerships are on record, tiered minor.

• GeoBlueminorChannel Partner/ Reseller/ DistributorGeoBlue provides online quotation services for Globex clients including single trip travel plans, expatriate medical plans, international student plans, and trip protection plans. Access provided through the Globex Health & Benefits online quoting platform.
• Global Benefits Group (GBG)minorChannel Partner/ Reseller/ DistributorGBG provides online quotation services for individual life insurance, individual disability, individual student health, and individual international travel insurance through the Globex platform.
• International Medical Group (IMG)minorChannel Partner/ Reseller/ DistributorIMG provides online quotation services for international teacher and student plans, individual travel and medical plans, group travel and medical plans, trip cancellation plans, and international adventure sports, ship crew, and evacuation plans.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Marsh McLennan: Largest global insurance broker and risk advisor with operations in 130+ countries. Comparable because it offers multinational insurance placement and risk management for Fortune 500 clients, competing directly against Globex's regional-broker outsourcing model.
• Aon: Global professional services firm providing risk management, insurance brokerage, and reinsurance across 120+ countries. Comparable because it serves multinational clients with global program placements — the exact use case Globex's Partner Brokers use the network to access.
• Willis Towers Watson (WTW): Global advisory, broking, and solutions company offering multinational insurance program design and placement. Comparable for multinational risk management and benefits consulting services competing for similar Fortune 500/Global 500 mandates.
• Arthur J. Gallagher & Co. Large US-headquartered global insurance brokerage and risk management services firm. Comparable because it offers international insurance placement through its own global network — a direct alternative to Globex's outsourced-international-department model for regional brokers.

Direct peers

• Lockton: Largest privately-held independent insurance brokerage in the world with strong international capabilities. Comparable as a privately-held broker competing in multinational placement and risk advisory, though Lockton is much larger and fully internalized rather than a partner-network model.
• Brown & Riding: Specialty wholesale insurance brokerage focused on complex and hard-to-place risks. Comparable as a specialty intermediary serving brokers and insurers with hard-to-place expertise, though Globex is more international-program focused.
• JLT Group (now part of Marsh): Pre-acquisition JLT was a London-headquartered international insurance broker with deep specialty and multinational capabilities — directly comparable to Globex as an international specialty broker before its acquisition by Marsh.
• Howden Group: Privately-held international insurance broker with specialty and reinsurance operations across Europe, Asia, and the Americas. Comparable as a privately-held, growth-oriented international broker competing for similar multinational program mandates.
• Beecher Carlson: US specialty insurance brokerage serving large corporate and institutional clients with complex risk needs. Comparable as a specialty broker focused on complex placements, though Globex's international network breadth is its distinguishing feature.

Regional players

• HUB International: North American-focused insurance brokerage with growing international capabilities. Comparable as a mid-to-large broker with cross-border program capabilities, though it is more North-America-centric than Globex's truly global 180+ country reach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/globex-international-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Globex International Group