International Insurance

International Insurance Newsletter – September 2018 Edition

International Insurance Newsletter – September 2018 Edition

Recent Successes: Placed overseas Directors & Officers policies in 5 countries as part of a controlled program on behalf of a global leader in energy storage and power delivery solutions. Placed both a Medical Evacuation policy and a K&R policy with Political Evacuation coverage for employees working in Afghanistan. Placed a Clinical Trials Liability policy for a drug safety and tolerance study in Jordan with a local limit equivalent to the high US limits.   Jordan. As a key part of reforms to boost the finances of a debt-burdened economy hit by regional conflict, Jordan’s Cabinet approved major IMF-guided proposals that aim to double the income tax base. Among the proposals is a move to increase the corporate income tax on banks, financial institutions and insurance companies. The Jordan Insurance Federation has rejected the draft income tax law that would…read more →

International Insurance Newsletter – July 2018 Edition

International Insurance Newsletter – July 2018 Edition

International Insurance Newsletter | July 2018 Edition     Recent Successes: Placed overseas Directors & Officers policies in 5 countries as part of a controlled program on behalf of a global leader in energy storage and power delivery solutions. Placed both a Medical Evacuation policy and a K&R policy with Political Evacuation coverage for employees working in Afghanistan. Placed a Clinical Trials Liability policy for a drug safety and tolerance study in Jordan with a local limit equivalent to the high US limits. Jordan. As a key part of reforms to boost the finances of a debt-burdened economy hit by regional conflict, Jordan’s Cabinet approved major IMF-guided proposals that aim to double the income tax base. Among the proposals is a move to increase the corporate income tax on banks, financial institutions and insurance companies. The Jordan Insurance Federation has…read more →

International Insurance Newsletter – June 2018 Edition

International Insurance Newsletter – June 2018 Edition

The world is a complex place and you have a lot to worry about. It is critical that you have the confidence that the insurance broker you choose has the ability and resources to help you globally. We are an authorized Globex International Group Broker Partner in 130 countries around the world. You can depend on us to assist you with all your International Insurance requirements. As your trusted resource for International Insurance Compliance and Risk Management, you can count on us to find the right solutions for all insurance challenges outside of Canada. Please contact us at 1-800-661-1518 or click here if you have any questions or concerns regarding international insurance. Recent Successes: Placed a standalone General Liability policy in Australia with a limit of AUS$20m for a wholesale distributor of automobile wheels. Bound General Liability policies for three resorts in St Maarten on…read more →

International Insurance BREAKING NEWS – Brazil Strikes

International Insurance BREAKING NEWS – Brazil Strikes

Brazil Strikes Brazil is facing one of the worst strikes in its history, caused by the pressure of truckers Unions against the rising cost of fuel, which has doubled in cost. Because Brazil’s heavy reliance on road transportation, this strike has had a major impact on the entire country’s logistics infrastructure and several key highways have been blocked for days, resulting in a virtual halt to deliveries of fuel, food, medicine and other vital supplies. While the government has announced its acceptance of some of the truckers’ demands, it has not been enough to end the strike. Further compounding matters, Petrobras employees and distributors announced a 72-hour strike commencing May 30. The resulting losses in the Brazilian economy are projected to reach billions of dollars and could take months to recover. Globex and our partner brokers in the region are…read more →

International Insurance Newsletter – May 2018 Edition

International Insurance Newsletter – May 2018 Edition

The world is a complex place and you have a lot to worry about. It is critical that you have the confidence that the insurance broker you choose has the ability and resources to help you globally. We are an authorized Globex International Group Broker Partner in 130 countries around the world. You can depend on us to assist you with all your International Insurance requirements. As your trusted resource for International Insurance Compliance and Risk Management, you can count on us to find the right solutions for all insurance challenges outside of Canada. Please contact us at 1-800-661-1518 or click here if you have any questions or concerns regarding international insurance. Recent Successes: Secured Broker of Record Letters for local policies issued in Jersey, Channel Islands and the USA for subsidiaries of a Canadian global gold-based financial services company. Placed standalone Employers’ Liability policy…read more →

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