WorldRisk International

Review the program information below. Next, click on Rapid Reservation in the left column to reserve your account with MarketScout and begin the quoting process.
 
Overview: Our program is designed for U.S. and Canadian-based companies doing business abroad. It combines several foreign commercial insurance products into one comprehensive program. You select the coverages you need, and we tailor the package to insure your overseas interests.
   
Customer Profile:
  • Foreign Exporter/Importer
  • Overseas Manufacturing
  • Colleges, Schools – foreign travel, exchange programs
  • Not-For-Profit Organizations
  • Service Companies – engineering, consulting, researchers
  • Financial Services – banks, investment & accounting firms
Marketing Features:
  • One Comprehensive Insurance Portfolio - One Minimum Premium - One Invoice
  • Our clients receive the benefits of the international service and expertise that our markets have been providing to major multinational companies for more than 80 years
  • Limits and Premiums in U.S. Dollars
  • Claims managed by a dedicated AIG WorldSource Claims department
  • Worldwide services by our own network of Insurance, Claims & Engineering facilities in over 130 foreign countries and jurisdictions
  • Ability to provide locally admitted policies where required in foreign countries
Product Features:
  • Foreign Commercial General Liability
    Primary US$1mil per occurrence / US$2mil aggregate
    Limits available to US$10mil
  • Foreign Commercial Auto Liability (owned/hired/non-owned - excess of compulsory)
    Limits US$1mil B.I./Limits US$1 mil P.D. per occurrence
  • Foreign Voluntary Workers’ Compensation / Employer’s Liability
    WC Benefits – Canadian/US State of Hire. Incl. Endemic Disease
    Employers Liability – US$1 mil limit per occurrence / disease
    Repatriation up to US$100,000 / no aggregate
  • Foreign Property – Real & Personal Property, BI, Property at Exhibition / In Transit
  • Marine Cargo and War Risk
    US$100,000 any one vessel or conveyance in any one occurrence
  • Foreign (location) Comprehensive Crime
    Employee dishonesty, disappearance and deposits forgery up to US$25,000 per occurrence / US$50,000 aggregate. Includes loss inside/outside the premises
  • Kidnap & Ransom / Extortion – responds to foreign & domestic events
    *Limit – US$1mil with option to US$10mil available
  • Political Risk
    CEN – Up to US$500,000 in coverage available
    Confiscation, Expropriation and Nationalization/Selective Discrimination coverage for property (Embargo/License Cancellation coverage for contracts)
  • Foreign Travel Accident & Emergency Medical Expense
    AD&D up to US$250,000 per person – Medical Expense to US$125,000. Includes Emergency Medical Evacuation & Repatriation Expense, including toll free Assistance Services
Submission Requirements:
  • Completed application