LIFE + EMPLOYEE BENEFITS
 
  

 

INSURANCE MANAGEMENT + CONSULTING

Our activities here are divided into two main areas, providing US representation for foreign insurers, and general consulting for commercial and professional firms. Our services are tailor made to suit business priorities, and are provided on an individual project or an annually retained basis.
 

  • Establishing US local underlying insurance contracts; insuring that these are competitively placed and priced with wording, coverage and limits properly compatible with any master program written at the parent level.
  • Providing solutions for difficult-to-solve problems such as products liability, environmental or professional liability, or earthquake and flood exposures.
  • Communicating directly with your US insureds, the servicing broker and existing insurer to insure that the insurance programs are properly administered.
  • Providing claims administration, coordination and investigation.
  • Establishing "fronting" arrangements or partial reinsurance from local insurers back to the home country.
  • Forming a US service company in your name to provide identity and name recognition here and at home for your group.
  • Providing access to US technical needs and new insurance products.
  • Maintaining a full underwriting and licensed operation.

We provide a special bridge to your clients, business opportunities and market needs in the US. We open up the entire market for your disposal, and our ability to contact your client directly together with all intermediaries, insurers and reinsurers best suited to your needs, makes our services truly unique. The services of our firm are entirely focused on serving the special insurance needs of US and overseas based firms operating on a multinational and cross-border basis.
 
 

Risk Management Consulting: European-American provides general insurance and risk management consultancy to commercial and professional firms in various areas which include:

  • Insurance program review and audit.
  • Risk analysis and quantification, including procedures and solutions.
  • Program design, bid specifications and intermediary selection process.
  • Insurance due diligence prior to acquisition or merger.
  • Development of international/cross-border strategic partnerships and facilities.
  • Out-sourced risk management and insurance department functions.
  • International coverage and placements, and local country services.