Operational Risk Management Across Multiple Verticals
About Us
Global Risk Services Passion In Managing Risk
Global Risk Services is an independent boutique provider of insurance consulting and risk management services to organizations and institutions in various verticals including Hi-tech, Fintech, Telecom, VC and Family Offices, Life Science, Manufacturing Industries, Real Estate. Our clientele includes private or public companies across 5 continents and predominantly Europe, US and Israel with local and global operations. We have a unique offering based on significant intellectual property and tight connections with risk carriers, brokers, loss adjusters and lawyers in Israel and abroad. We are innovative in our approach to risk and our service is diligent, prompt and professional. We started providing services in 2003 and are based in the Principality of Monaco.
Liraz Gesser-Topper LLB
Liraz achieves excellent results for her clients, dealing with all key insurance policies that a multi-national company needs. Liraz has deep expertise and full commitment to advocating on her client’s behalf…
Nir Witkowski MBA, LLM
Nir is passionate about bringing value to his clients, solving complex situations and being a partner in their success. For over 25 years, he has developed a unique methodology to bridge the gaps between…
Services
Our Services to Corporate Clients
Main Services
We provide operational risk management to high profile clients in Tech, VC, Life Science, Healthcare, Construction, Real Estate, Hotel and Leisure:
Insurance related risk analysis.
Review of the existing insurance portfolio.
Create with the client a Risk Transfer Strategy.
Facilitate the client’s engagement with a local/global broker.
Shaping the insurance programs across various territories and insurance lines.
Assist with the clients insurance needs in key strategic situations in the client’s life cycle – such as M&A, IPO, deSPAC etc.
Assist the client in negotiating insurance sections in contracts and ensure the agreements are coherent with the insurance program.
Assist in the orchestration of complex insurance claims.
Provide ongoing support and advice and acts as the clients conduit to the insurance world.
Specialty Insurance Lines
We assist our clients to place inter-alia bespoke insurance in the London, Continental, US, Bermuda and Asian insurance markets:
Technology Errors and Omissions and Cyber – including for utilities and sensitive interests
Supply Chain and Contingent Business Interruption
Directors and Officers Liability and Management Liability – manuscript and bespoke coverage
Property and Casualty Insurance
Captives and Alternative Risk Transfer
Mergers and Acquisitions (RWI, Tax, Contingent Litigation)
Reinsurance – Facultative / Facilities and Treaties
Global Insurance Programs
Products Liability, Products Recall and Contamination (food, beverage and pharma)
Global Cargo and Stock Throughput Programs
Parametric Insurance
Life Science and Clinical – including Medical Malpractice and Clinical Trials Insurance
Sectors
Multiple Verticals
We have hands on experience in catering for the needs of international clients in the following sectors and verticals.
Energy, Upstream and Downstream
Manufacturing Industries
Publicly Traded Companies
Life Science and Pharma
Real Estate, Hotels and Leisure
Technology: Fintech, Enterprise, Saas, AI, Gaming, Insurtech
Construction
Government and Municipal
Infrastructure and Utilities
Agriculture
Aviation
Financial Institutions
Luxury Homes, Yachts and Jets
Art Collection
Jewelry
Added Values
Our Edge
Multidisciplinary expertise
Multidisciplinary expertise across most lines of commercial non-life insurance based on our legal and business education and supported by memberships at PLUS and RIMS. To our knowledge there is no equivalent skill-set available to brokers in London.
Fresh approach clients’ risks management
Focusing on business continuity and balance sheet protection first, and then use appropriate insurance tools to mitigate the prevailing risks.
Consultancy First approach
We see the optimal way of handling clients risks in first applying consultancy methodologies and strategies before commencing of any broking activity.
We act as our clients’ “consigliere” and confidant
Impeccable reputation in the market
Known among law firms, VCs and market leaders in Israel, Europe and the US.
Pioneering new insurance niches
Experience handling high profile clients
Case Studies
Real Life Case Studies
In a nutshell here are some examples how bespoke insurance can be implemented.
Retained Risk Financing Program
An energy investment fund was seeking to reduce insurance spend across its portfolio. They created a “Retained Risk Financing Program” of $20M and bought cheap traditional insurance above that level.
Family Office
A family office had to insure multiple homes and assets working with multiple brokers and getting standard insurance in language they couldn’t read. We converted that into 1 Lloyds policies that is broad, written in English and insured the multiple properties and assets.
Weather and Natural Perils
In fact any weather and natural perils derivative can be insured this way – for example low agricultural production due to low rainfall, wind turbine / lack of wind, hydroelectric plant / lack of water etc.
Life Science Company
M&A Deal
An M&A deal was stuck because of a potential aggravation of a tax situation that none of the parties was willing to assume. Subject to a favorable tax opinion, we syndicated $200M of insurance support that would pay in case that tax authorities decided to tax the deal.
Contact
Need any help? Send us a message
Contact Information
PHONE: +33 9 74 06 00 81
MOBILE: +33 6 82 88 83 07
E-MAIL: nirw@global-risk.biz
HEADQUARTERS: 14 Rue de Notre Dame de Lorete, MC – 98000 Monaco