The “Risk Management 101: International Casualty Insurance Fundamentals” podcast covers how international casualty insurance helps businesses with employees or operations outside the US manage third-party liability, contingent liability, automotive liability, and foreign voluntary workers’ compensation risks.

We also discuss:

• The advantages of controlled master programs (CMPs), which are multi-country programs with local policies in each country in which there are exposures.
• Alternatives to CMPs, such as global non-admitted policies and decentralized programs.
• How coverage works.
• How limits are determined and premiums are determined.

We wrap up by covering other considerations such as the importance of regulatory compliance.

_{About Marsh’s Risk Management and Insurance Podcast}

_{Marsh’s Risk Management and Insurance Podcast series offers insight into the intricacies of the three major lines of commercial insurance coverage. The series features two content tracks on best practices in property, casualty, and financial and professional liability insurance: RM 101 and the more advanced RM 201*. This educational offering is designed to help risk professionals and individuals with risk management and insurance responsibilities gain a fundamental understanding of the major commercial insurance lines and related risk management strategies.}

_{*RM 201 episodes to be released in 2017.}

Read the Transcript.

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