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Global Construction: International Opportunities, Local Risks - PowerPoint PPT Presentation

Global Construction: International Opportunities, Local Risks Sponsored By: 1 About Advisen Advisen generates, integrates, analyzes and communicates unbiased, real-time insights for the global community of commercial insurance professionals.


  1. Global Construction: International Opportunities, Local Risks Sponsored By: 1

  2. About Advisen Advisen generates, integrates, analyzes and communicates unbiased, real-time insights for the global community of commercial insurance professionals. As a single source solution, Advisen helps the insurance industry to more productively drive mission-critical decisions about pricing, loss experience, underwriting, marketing, transacting or purchasing commercial insurance. www.advisenltd.com 2

  3. Many Thanks to our Sponsor! 3

  4. Global Construction: International Opportunities, Local Risks www.acegroup.com • Paper titled “Global Construction: International Opportunities, Local Risks” www.advisenltd.com • Recording of today’s webinar • Copy of these slides 4

  5. Today’s Moderator David Bradford President Research & Editorial Group Advisen Ltd. 5

  6. Today’s Panelists Bill Hazelton Executive Vice President Environmental & Construction ACE Bryan Tedford Executive Vice President ACE Group 6

  7. Today’s Panelists Geoffrey Heekin Executive Vice President Global Construction Aon 7

  8. Why are contractors increasingly looking outside the United States for opportunities? Which countries are the leading importers of construction? Dave Bradford Geoffrey Heekin Bill Hazelton Bryan Tedford 8

  9. What are some of the legal challenges contractors face when they take on projects in emerging markets? Dave Bradford Geoffrey Heekin Bill Hazelton Bryan Tedford 9

  10. Why isn’t a single policy providing worldwide coverage an adequate solution? Dave Bradford Geoffrey Heekin Bill Hazelton Bryan Tedford 10

  11. How is a multinational insurance program typically structured? What are the components? How do they interact? Dave Bradford Geoffrey Heekin Bill Hazelton Bryan Tedford 11

  12. What might happen if a company has a claim in a foreign country requiring local admitted policies, but the only coverage available is through a global master policy? Dave Bradford Geoffrey Heekin Bill Hazelton Bryan Tedford 12

  13. Are there other benefits to a local policy? Dave Bradford Geoffrey Heekin Bill Hazelton Bryan Tedford 13

  14. How can buyers know where they must have local policies and where local policies are a good idea because of specific local legal, business or social environments? Dave Bradford Geoffrey Heekin Bill Hazelton Bryan Tedford 14

  15. W hat are some of the key considerations when structuring an international insurance program? Dave Bradford Geoffrey Heekin Bill Hazelton Bryan Tedford 15

  16. What are some of the challenges in structuring a comprehensive, seamless program? Dave Bradford Geoffrey Heekin Bill Hazelton Bryan Tedford 16

  17. What are the characteristics of the best insurers for multinational programs? Dave Bradford Geoffrey Heekin Bill Hazelton Bryan Tedford 17

  18. Many Thanks to our Sponsor! 18

  19. Many Thanks to our Panelists! Bill Hazelton Executive Vice President Environmental & Construction ACE Bryan Tedford Executive Vice President ACE Group 19

  20. Many Thanks to our Panelists! Geoffrey Heekin Executive Vice President Global Construction Aon 20

  21. Global Construction: International Opportunities, Local Risks www.acegroup.com • Paper titled “Global Construction: International Opportunities, Local Risks” www.advisenltd.com • Recording of today’s webinar • Copy of these slides 21

  22. Front Page News Construction If you focus on insurance matters pertaining to Construction Risk, then you will like reading the top news stories impacting this marketplace. If you underwrite, broke, litigate or buy Construction insurance coverage or advise regarding such covers, you'll want to read Advisen's Construction edition of FPN. This is a FREE service sent out on Wednesdays. Subscribe here: http://www.advisenltd.com/insurance-news/front-page-news/#construction 22

  23. Upcoming Advisen Conferences Visit http://www.advisenltd.com/events/conferences/ for the conference schedule Save the Date! 2015 Casualty Insights Conference Thursday, March 26, 2015 at 8am EST Crowne Plaza Times Square Manhattan 23

  24. Contact Us Advisen Ltd. 1430 Broadway 8 th Floor New York, NY 10018 www.advisenltd.com Phone: +1.212.897.4800 advisenevents@advisen.com 24

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