Human capital & corporate risk

Cost, Control & Compliance at international subsidiaries

Risk management does not stop at borders. How are risks covered at your subsidiaries abroad? What are the costs involved and do they comply with local laws, regulations and tax rules?

It is not easy to keep a good overview of the local insurance programs of subsidiaries abroad. Unnecessary costs are often found to be incurred due to insufficient ability to centrally control processes. In the case of substantial losses at a foreign participation, unforeseen, significant costs may be added due to “wrong” money flows.

Kröller Boom is an independent consultant in the field of Corporate Risk and Human Capital. In doing so, our team of experienced specialists also looks beyond borders. In order to fulfill this ambition anywhere in the world, we are affiliated with unisonSteadfast, a global network of medium-sized insurance brokers that can move quickly, be effective and operate at a low cost structure. Through direct involvement, they provide customized services that meet the client’s needs and desires. unisonSteadfast distinguishes itself from other major insurance brokers and networks by the high level of commitment of its partners.

Methodology

On international issues, Kröller Boom fills the role of coordinator. Through our in-depth knowledge of the (inter)national markets and the latest developments, we achieve substantial cost reductions and powerful risk management in many cases. Want more insight into your international risk management? We are happy to show you how to take control of your foreign holdings and act in compliance with all local and international laws and regulations. Our specialists will conduct an analysis of your current master’s program, situation and requirements. We ensure that the master’s program is conducted in accordance with Dutch law. You will receive a proposal for an international structure and overarching risk strategy, including insurance (required by law).

Cost, Control & Compliance

  • Our specialists will conduct an analysis of your current master’s program,
    if available, and take stock of the situation and wishes
  • We ensure that the master program is conducted in accordance with Dutch law
  • Kröller Boom coordinates cooperation with its unisonBrokers partners
  • You will receive a proposal for an international structure and a
    overarching risk strategy, including insurance (required by law)
  • Key issues, including the progress of all possible financial flows, are made transparent through a digital platform


This article is posted by Niek Post. Manager of M&A & Business Development