Brownrigg International News Forum: Exporting at a Glance

Insurance is an effective method to managing your international exposure and a tool to increase your purchase orders oversees. The United States is the world's largest exporter with $1.5 trillion in services and goods leaving our boarders each year. Currently, 95 percent of the world's consumers live outside of the US. If your company is only focusing on sales in the domestic market, you are missing out on valuable opportunities to increase your customers and marketshare worldwide. It is time to turn export opportunities into actual sales and to guarantee payment in a timely fashion by effectively managing the risks involved with doing business internationally.


 

Questions to ask yourself about your current or future international operations abroad.

Are you marketing to foreign buyers?

Do your employees travel abroad to trade shows and to service customers on a frequent basis?

What are the political, social, and economic risks?

What are the domestic insurance law requirements?

What does you current policy cover?

What coverages and limits are needed to be protected agianst the risks of doing business in a foreign country?

Do you need working capital to finance your exports?

 
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