Setting up U.S. business operations requires an examination of the insurance situation. Locally based insurance policies underwritten in the United States are required, including D & O coverage as well as coverage of product liability.
Our Executive Management Meeting covers this area and the expert speakers can give you advice. Experience has shown that the foundation of the new U.S. subsidiary provides the opportunity to examine once again the “Total Insurance Package”. Is the amount of coverage still sufficient? Is the umbrella large enough? What about the D & O Coverage? Is there perhaps a premium discount to adapt all the documents? And, last but not least, and often overlooked: are there any contradictions between the German and the U.S. policy?