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International Expertise
Companies that are based in the United States and have global operations require global insurance led by an experienced advisor who understands both international business customs and U.S. market conditions. These companies can rely on Foa & Son for:
- The requisite product knowledge, underwriting relationships, and active network of insurance brokers around the world to service their foreign subsidiaries
- A clear understanding of our international clients and the market conditions that affect their businesses
- Our long-term relationships with hundreds of brokers and global underwriters in dozens of countries
- Our membership in multiple global insurance broker networks
- Market knowledge and technical expertise that enable us to provide sophisticated global insurance products for midsized companies, not just for the Fortune 500
Insurance Solutions
Although many brokers can place coverage for basic overseas exposures, Foa & Son brings its highly specialized knowledge for a truly coordinated global insurance program for clients of all sizes by:
- Collecting underwriting data from client subsidiaries around the world
- Gaining an understanding of local regulation and local market conditions to determine the appropriate coverage on a global basis
- Coordinating with global broker partners to negotiate rates and coverages in each country or territory
- Through market knowledge, identifying the global insurance companies that have the capacity and appetite to offer a competitive product
- Negotiating with multiple insurers to create the most competitive and comprehensive coverage offering
- Presenting and analyzing program advantages, both globally and locally
- Allocating premium and taxes for each country, fairly and legally
Trending Topics
As the economy in the United States reopens following weeks of widespread stay-at-home orders, don’t expect a quick return to “business as usual.” Reopening requires a lot more than just flipping a switch. More than 73% of U.S. companies have not yet created a return-to-work strategy, according to a survey…
Foa & Son Corp. has launched a new website to serve clients and prospects who want to learn more about the firm and their unique abilities. Highlights include their specialty niches and international reach and expertise. Visitors to the site will be able to connect with experts in their particular…
