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When Should You Buy Local D&O Policies in Foreign Countries?
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Many international companies are not buying local Directors & Officers (D&O) insurance, but instead relying on the worldwide territory in their domestic D&O policy. This course of action can be risky without going through the appropriate analysis.
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What Kind of Global Insurance Program is Right for You?
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We clearly live in a world where commerce transcends national borders. In this day and age, even smaller companies are expanding their operations to places outside of the United States for reasons such as lower costs of labor and materials and access to a larger customer base. From a business sense, pursuing cost efficiencies and expanding operations is the right thing to do, but how should you structure your insurance program to meet your global needs?
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| Copyright 2012, Albert Risk Management Consultants
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