What Is Multinational Insurance, and Why Do You Need It?
Multinational insurance protects U.S.-based businesses that have locations outside of the U.S. or operate throughout the world. Insurance claims can be complicated due to language barriers, local laws, customs and norms that differ from country to country.
The Hartford Global Insurer Network was created to deliver local insurance policies to our U.S. business clients with multinational office locations. These policies are issued locally, paid in local currency, and are specific to the country where the business is operating.
Today, even small companies can source or sell products and services overseas. In fact, according to a recent research study conducted by The Hartford:1