United States-based companies with global operations require global insurance led by an experienced Trusted Advisor that understands both international business customs and U.S. market conditions.
International Insurance Solutions
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:
Foa & Son has been servicing the U.S. subsidiaries of European reverse flow international clients for more than 50 years, and currently services more than 200 reverse flow accounts. Our clients include some of the most distinguished companies and organizations around the world, and some of Europe’s most famous luxury brands, manufacturers, and exporters. These companies trust us because we go beyond placing coverage — we act as their business advocate.
Foa & Son’s first priority is protecting our clients’ financial interests. We structure effective loss control programs, resolve coverage questions and issues, and make sure claims are paid timely and to our clients’ satisfaction. We understand our international clients and market conditions that affect their businesses.
Exclusive articles relating to Multinational Companies expertise
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Leases are always a potential source of insurance problems. When they are lacking even a small clause, such as a subrogation waiver, the client is left vulnerable to an allegation of responsibility or liability of a loss. Without careful attention by attorneys in the reviewal of leases, a tenant could be at risk for being pursued by the landlord’s insurance company for retribution.
The dangerous condition that cropped up in northern California in February at the Oroville Dam highlights a real issue for business owners and risk managers posed by the deteriorated condition of our nation’s infrastructure. Much of the nation’s roads, bridges, dams, ports and other vital areas have surpassed their intended lifetimes. A well written insurance program is necessary to anticipate the disasters that are inevitable due to the deteriorated infrastructure.
International Insurance Experts
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.