Other Industries We Serve

Overview

Most businesses and organizations understand the legal exposures they face here at home, but when they venture to other countries, they will come across many laws, languages and customs that are unfamiliar to them. Domestic insurance does not adequately respond to certain risks businesses and organizations will encounter while traveling or operating outside of the U.S.

Failure to fully evaluate and understand international insurance needs could result in unexpected financial losses, costly gaps in insurance coverages, and legal issues. Global Underwriters takes great pride in educating businesses about the complexities of international risks while simultaneously providing valuable resources and enterprising insurance solutions for your business or organization.

Foreign General Liability

Mitigating risk is essential to the vitality of any business or organization, but it is particularly important when companies have sales, operations, property and personnel working internationally. Global Underwriters’ Foreign General Liability (FGL) package includes foreign general liability with optional foreign workers compensation, foreign auto, travel accident, global marine cargo, crime and even kidnap and ransom coverage. We also offer foreign property coverage for businesses and organizations renting or purchasing building space abroad.

Unfortunately, domestic general liability policies do not respond to third party claims and lawsuits filed in another country. Global Underwriters Foreign General Liability Packages are designed to respond to lawsuits filed in another country or here in the U.S., as long as the event took place outside of the United States. Talk with one of our product experts right now to make sure your business or organization is properly protected for international risks.

Product Utilization

Foreign Commercial General Liability

• Situation: U.S. employee or group member is traveling overseas to China and uses an electric plug adapter. The adapter overheats while out of the room, and smoke triggers the room sprinklers. The room, as well as the room below it, have water damage, and the hotel owner is demanding to be repaid for the damage. Your domestic GL policy declines to cover because it happened outside of the U.S.
• Solution: Your Foreign GL policy would provide third party property liability for damages caused by your employee while traveling internationally. It would pay for the cost of defense, expenses and damages that you are liable for. This policy will respond whether the lawsuit is filed in that country or the U.S.

Foreign Voluntary Workers Compensation

• Situation: Your company sends workers overseas to install IT equipment for a company in the middle east. While working on a ladder, an employee falls and breaks his hip. He is unable to work for 6 months while healing, and your domestic Workers Comp only provides coverage in the U.S.
• Solution: A Foreign GL policy that includes Foreign Voluntary Workers Compensation provides State-of-Hire or Country-of-Origin benefits to all employees working internationally. This would pay for items such as their lost wages and medical bills, with the goal of making the employee whole and protecting your company.

Foreign Auto Liability

• Situation: U.S. employee travels to Mexico and rents a car with $40,000 in local auto liability (compulsory under Mexico law). They are in an accident where a passenger in the other vehicle dies, and the driver is seriously injured. Their liability greatly exceeds the $40,000 they purchased, and the company and employee can both be held responsible.
• Solution: A Foreign GL policy can be bundled with contingent auto liability coverage, with limits of up to $1,000,000 per covered accident, and extends coverage to both the company and the employee.

International Group Travel Medical

Global Underwriters’ International Group Travel Medical policies are customized to meet the challenging needs of today’s small, medium, and multinational business. Unfortunately, most domestic group and individual health/medical policies do not provide adequate insurance coverage for work performed outside of the United States. Our International Group Medical plans are carefully designed to mitigate gaps in coverage and eliminate any duplication of benefits.

Global Underwriters offers tailored plans with multiple medical benefits, deductibles and co-insurance options to meet the immediate insurance needs of your business or organization. We also carefully consider the type of work being performed, location of work and any geopolitical issues that may affect your business operations. The health, well-being and safety of employees and group members is critical to any business, but we also consider mitigating the financial liabilities for your company or organization by educating you about current travel risk management strategies, “duty of care” obligations and implementing “best practice” procedures for the entire business.

Group Policy Highlights

• 24-Hour Worldwide Assistance Services is always included as part of our international group travel medical plans for businesses and organizations.
• Out of Country Medical (accident & sickness) coverage and accidental death & dismemberment (AD&D) are typically the foundation for any International Group Travel plan, but we offer flexible plan designs that can be tailored to meet your immediate international insurance needs.
• Emergency Medical Air Evacuation and Repatriation benefits are an essential part of any international group travel medical plan that we offer to businesses and organizations.
• Global Underwriters also offers seamless Claims Processing and Adjudication capabilities on certain cases that we underwrite.
• Travel Risk Management services are also available to enhance and fully integrate global insurance needs, risk assessment, best practices, Security intelligence, travel risk, and crisis management/response for your business or organization.

Other Optional Enhancements

• War Risk Coverage
• Political Security Evacuations
• High Limit Accidental Death & Dismemberment (lump-sum payment)
• Hazardous Activity Coverage
• Coma & Paralysis Benefits

Kidnap, Ransom & Extortion

Kidnap, Ransom & Extortion and Crisis Management

Kidnap, ransom and extortion are very real and continue to present threats to any U.S. business or organization traveling or working abroad. As international business continues to grow, companies and organizations are potentially exposed to wrongful detention, hijacking, kidnapping and political unrest even in countries considered relatively safe. In many countries, Kidnap & Ransom situations are opportunistic and commoditized, but things can turn violent quickly if you do not have the right crisis management protocols and response team on your side.

Global Underwriters’ Kidnap, Ransom and Extortion Insurance not only protects against financial loss and liquidation, but also provides worldwide resources and immediate access to services of leading crisis management and security consultants to manage incidents and threats to the policyholder. Our enhanced coverage further extends a number of benefits/services that are unique to the KRE insurance market:

Product Utilization

• Kidnap, Ransom and Extortion insurance should be considered as part of a comprehensive approach to mitigate risk for any business or organization.
• Proper Implementation of a KRE policy includes but is not limited to increasing awareness of potential security issues and proactively developing crisis management strategies and tactical solutions for any business with international risks.
• Global Underwriters Kidnap, Ransom, and Extortion insurance is worldwide, including exposures at home.
• These plans also respond to Extortion threats to harm employees and administrative staff, cause damage to physical property, or to
  introduce a computer virus.
• Global Underwriters Kidnap, Ransom & Extortion policies include access to 24/7 Emergency Crisis Response services.
• In addition to providing ransom monies, these policies can include other mitigating coverages, such as extra expenses tied to violent attacks and threats, coverage for medical expenses, rehabilitation, psychiatric, accident death and dismemberment, and funeral expenses.

We Also Cover

• Express Kidnap (covers kidnaps involving victims and their ATM withdrawals as ransom)
• Disappearance Investigation (covers investigation when someone goes missing)
• Travel Evacuation (covers evacuation for political or security reasons)
• Threat Response (covers expense responding to a threat of any kind)
• Business Interruption Expenses

Contact one of our international experts for a confidential call about the different types of plans and services available. We look forward to working with you and we appreciate your business.

Business Travel Accident

Global Underwriters Business Travel Accident (BTA) insurance was developed to help protect your business or organizations most valuable assets, which are your employees or group members. BTA coverage is designed to mitigate certain financial, travel and security risks by meeting current “duty of care obligations” and implementing “best practice” procedures for both domestic and international business travel.

These plans will cover both U.S. and foreign employees (group members) of U.S. based businesses and organizations. Additionally, coverage can be tailored to match the corporate risk profile of any organization, which means the plan is carefully designed, underwritten, and implemented with proven Travel Risk Management (TRM) strategies which help to ensure the safety and security of your business travelers.

Business Travel Accident Product Highlights

Accidental Death & Dismemberment Benefit

Global Underwriters’ Business Travel Accident coverage is ideal for any business or organization that has domestic or international travel. Business Travel is never routine and may present organizations with unique challenges when things don’t go as planned or a crisis develops because of an accident or an unexpected emergency.  Employers have an obligation to provide a safe and secure working environment for their employees even when they are traveling. Accidental Death & Dismemberment benefits are distributed in a lump-sum and payable above and beyond any other form of life insurance or workers compensation scheme. Additionally, these benefits can help mitigate certain general liability exposures for the business or organization.

Emergency Air Evacuation & Repatriation Benefits

Emergency Medical Air Evacuation is one of the most important benefits included as part of a Business Travel Accident policy. Many group health plans do not adequately pay for Medical Evacuations if you are out of network or traveling abroad, and virtually none of them will make the necessary arrangements to coordinate and pay for the actual evacuation. Emergency Medical Air Evacuation is necessary for critical medical conditions that need immediate attention or transportation from the point of injury (whether it is a remote location or away from a densely populated area) to an adequate medical facility. That is why it is so important to have a policy that responds immediately to these types of emergency situations. Communication and coordination between the insured, medical team, medical facility and the assistance company are critical to the success of any Emergency Medical Evacuation or Repatriation back to your home city or country.

24-Hour Multilingual Worldwide Assistance Services

Language barriers, unfamiliar cultures and scarcity of quality health care facilities and providers can cause anxiety to anyone residing or traveling overseas. When a crisis or an emergency situation presents itself, it’s nice to know that one call does it all as far as getting you immediate assistance anywhere in the world. Highly experienced U.S. certified medical staff and doctors are always prepared to provide prompt, efficient and seamless professional service.

• Complete 24-hour worldwide assistance, 365 days a year
• Multilingual representatives who can speak the local language
• Access to international preferred provider network including hospitals, clinics, doctors, ambulance companies and medical equipment companies
• Evaluation and close monitoring of treatment via medical advisers who continually consult with treating doctors and assess the quality of care and treatment plan
• Facilitation of U.S. and international hospital admissions
• Continuous personal contacts between family, insurance companies, physicians and employers
• Coordination of direct payment to providers and medical facilities.
• Coordination and monitoring of medically supervised evacuation
• Repatriation of mortal remains
• Pre-planning of medical support and evacuations in remote areas

Global Expatriate Benefits

Comprehensive Global Expatriate Health Benefits

Global Underwriters offers an impressive portfolio of comprehensive Global Benefits that meet the changing needs of today’s small, medium and multinational businesses with globally mobile populations. Global businesses are faced with unique challenges and unforeseeable risks for employees traveling or on assignment abroad.  Global Underwriters’ International benefits deliver both Global Health Care insurance solutions and Travel Risk Management strategies for any U.S. based multinational company with employees or group members assigned abroad.

Seamless plan designs are available worldwide and allow the client to pick and choose from several different pre-designed plans which offer a low, medium and high benefit option, or we can customize a plan to meet the specific needs of the client. Global Benefits include, but are not limited to – Medical, Life, Long Term Disability, Dental (LTD), Vision, Portability, Business Travel, Medevac/Repatriation, Travel Assistance, Crisis Management and a variety of other Travel Risk Management strategies and services.

Eligibility

• Expatriate (expat): U.S. employees and staff on assignment abroad.
• Inpatriate (inpat): Foreign National employees or group members on assignment in U.S.
• Third Country Nationals (TCN): Non-U.S. employees working outside their home country, but not working in the U.S.
• Local Nationals (LN): Local employees working in their home country.
• Family Members: They can be covered too.

Product Highlights

Attracting and retaining productive employees is essential for any business or organization with a Globally Mobile population. The complexities of navigating and managing certain geopolitical issues, language barriers, cultural differences and compliance requirements in different countries can be a daunting task for any multinational company. Global Underwriters’ International Expat Benefit solutions are designed to make the process easy, efficient and seamless. We know your employees are your most important asset, so all of our Global Benefits, ancillary products and services carefully consider current “duty of care obligations” and “best practice” procedures for your company.

• Global Group Health Benefits
• Group Life & Accidental Death & Dismemberment
• Emergency Air Evacuation & Repatriation Benefits
• 24-Hour Multilingual Worldwide Assistance Services
• Long Term Group Disability
• Dental & Vision
• Rx Drugs
• Business & Personal Travel Protection
• Crisis Management & Response
• Security & Intelligence
• Personal Protection
• Travel Tracking & Intelligence