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PRIMARY FOREIGN CASUALTY · With its Primary Foreign Casualty product Allied World has created a...
Transcript of PRIMARY FOREIGN CASUALTY · With its Primary Foreign Casualty product Allied World has created a...
As the trend of globalization continues, many U.S. based corporations are maintaining networks of operations that take place outside of the U.S., and these companies will increasingly face global exposures and find themselves in need of protection from general/public liability risks. With its Primary Foreign Casualty product Allied World has created a flexible solution for multinational organizations based in the U.S., providing locally compliant policy options that offer best-in-class risk transfer that is fully aligned with local legislation, customs and regulation.
PRIMARY FOREIGN CASUALTYCASUALTY
PRODUCTS
• Primary Foreign General Liability
• Foreign Voluntary Worker’s Compensation (including trip travel)
• Contingent Auto
• Accidental Death and Dismemberment (non-occupational and occupational/Business Travel Accident)
• Kidnap & Ransom
• Business Personal Property
Packaged or unbundled options available up to $5M per occurrence; minimum premium $2,500.
CAPABILITIES
• Controlled Master Program
• Admitted Primary General/Public Liability local policy placements
• Network of 160 countries: 121 Non-Affiliated; 39 owned
• Local standard coverage
• Compliance with global regulations
INTERNATIONAL EXPERTISE
• Compliance intelligence
• Program design
• Multilingual team
• Network partner management
PREMIUM ACCOUNTING
• Central collection
• Local collection
• Multiple currencies
TARGET MULTINATIONAL INDUSTRIES
• Construction
• Consulting groups
• Educational institutions
• Exporters
• Financial institutions
• Government Contractors
• Manufacturers
• Non-profits
• Professional services (law firms, architects, engineers, etc.)
• Retailers and wholesalers
• Service industries
• Tech companies
CONTACTS
LOSS CONTROL
AWAC Services Company has dedicated loss control experts that can assist our clients with the development or maintenance of their risk management program. We work closely with Allied World policyholders on a project based consulting basis. Through our strategic partnerships with some of the world’s top safety consultants, we can provide a broad range of tools and programs to address the unique exposures associated with foreign coverage.
alliedworldinsurance.com
Arthur Loera Senior Vice President E. [email protected] T. 312.646.7706
To learn more about Allied WorldWide®, please visit www.alliedworldinsurance.com/alliedworldwide
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ALLIED
W
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POLIC
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CA
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This information is provided as a general overview
for agents and brokers. “Allied W
orldWide” is A
llied World’s m
ultinational insurance platform. C
overage will be underw
ritten by an insurance subsidiary of Allied W
orld Assurance C
ompany H
oldings, AG
. Such subsidiaries currently carry an A.M
. Best rating of “A
(Excellent).” Coverage is also offered through licensed agents and brokers w
here required, or through Globex International G
roup (“Globex International”). G
lobex International partners with select regional brokers and underw
riters across the globe to offer local policy placement and adm
inistrative services. Globex
International is an international employee benefits, insurance and risk m
anagement consulting firm
for agents, brokers, consultants and underwriters. Local adm
itted policy terms and conditions are subject to the local law
s, regulatory guidelines and marketplace practices of applicable jurisdictions. N
ote that all lines of business m
ay not be available in all countries, and that Allied W
orld will not engage in business that w
ould fall within the param
eters of relevant economic or trade sanctions. ©
Allied W
orld Assurance C
ompany H
oldings, AG
. All rights reserved. M
arch 2017.
NO
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SingaporeA
ustralia
EUR
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Austria
Belgium
Bulgaria
Croatia
Cyprus
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St. Vincent &
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This information is provided as a general overview
for agents and brokers. Coverage w
ill be underwritten by an insurance subsidiary of A
llied World A
ssurance Com
pany Holdings, G
mbH
, a Fairfax company (“A
llied World”). Such subsidiaries currently carry an A
.M.
Best rating of “A
” (Excellent), a Moody’s rating of “A
3” (Good) and a Standard &
Poor’s rating of “A-” (Strong), as applicable. C
overage is offered only through licensed agents and surplus lines brokers. Actual coverage m
ay vary and is subject to policy language as issued. R
isk managem
ent services are provided or arranged through AW
AC
Services Com
pany, a mem
ber company of A
llied World. ©
2018 Allied W
orld Assurance C
ompany H
oldings, Gm
bH. A
ll rights reserved.