International

HEADQUARTERS BASED IN:

United States-based companies with global operations require global insurance.

While coverage for basic overseas exposures can be placed by many brokers, a truly coordinated global insurance program requires highly specialized knowledge usually reserved by the largest brokers for their largest clients. Foa & Son brings sophisticated global solutions to mid-sized companies.

We have the requisite product knowledge, underwriting relationships and an active network of insurance brokers around the world to service your foreign subsidiaries.

The creation of a global insurance program is a series of coordinated steps. Foa & Son is expert in bringing a client through the following process culminating in a compressive, cost efficient and resilient insurance program that allows for our clients to have a uniform coverage platform worldwide:

Collection of underwriting data from client subsidiaries around the world.
Understanding local regulation and local market conditions to determine which coverage should be covered on a global basis.
Coordination foreign with broker partners to negotiate rates and coverages in each country or territory.
Market knowledge to identify which global insurance companies have the capacity and appetite to offer a competitive product.
The ability to negotiate with multiple insurers to create the most competitive and comprehensive coverage offering.
Presentation and analysis of program advantages, both globally and locally.
Fair and legal allocation of premium and taxes for each country.
Foa & Son has been implementing global insurance programs for over 50 years. We maintain relationships with hundreds of brokers in dozens of countries and are members of multiple global broker networks. Our relationships with global underwriters, our market knowledge and technical expertise mean sophisticated global insurance products are no longer just for the Fortune 500.
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