Nuts & Bolts: The St. Paul Companies introduced an enhanced version of Global Companion, an international commercial property and general liability product designed to help protect U.S.-based companies from the risks associated with conducting business overseas. The product provides coverage for kidnap and ransom, and incidental ocean cargo. It also covers property, liability, excess auto, foreign voluntary workers’ compensation and executive assistance. Domestic companies with foreign operations conducting business over the Internet can access coverage for e-commerce risks through products offered by The St. Paul’s Global Technology Underwriting business unit.
Dollars: Limits of liability up to $25 million. The deductibles, premiums and policy limits vary on a case-by-case basis.
Carrier: St. Paul works through a partner network of insurance carriers in various countries. All markets are admitted.
States Available: All states.
Contact: Bonnie Preston, (770) 263-4620.
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