Financial Services Industry
Industry: Email Alert RSS FeedHartford steam boiler offers coverage for international risks
Rough Notes, May 2001
Hartford Steam Boiler Inspection and Insurance Company introduced a program to cover the international risks of middle-market U.S. companies. Called HSB OneSource, the coverage combines several foreign commercial insurance products into one program that can be tailored to the specific needs of American businesses that operate in the international marketplace.
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Product features include foreign commercial general liability; foreign commercial auto liability (hired/owned/nonowned-excess of compulsory coverage purchased locally); foreign voluntary workers compensation/employers liability; foreign commercial property (all-risk coverage for building, contents, and business interruption with available earthquake, flood, sabotage, and terrorism extensions); kidnap and ransom/extortion; political risk (confiscation, expropriation, and nationalization); foreign travel accidental death & dismemberment and emergency medical treatment for accident or illness; marine/cargo transit (includes ocean or air transit import and export shipments); comprehensive crime coverage (includes fidelity, comprehensive dishonesty, disappearance and destruction crime coverage, loss of money and securities on/off premises).
Insureds will have access to an international claim service network.
For more information about HSB OneSource, call toll free (866) 861-0140.
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