News & Media

Tuesday, August 26, 2014

[INDUSTRY NEWS] Emerging Markets Provide Opportunities, Challenges for International Businesses

The beauty of international business is the opportunity that comes along with expanding into emerging markets. Across the world, each country presents a unique set of risks, challenges and chances for those that are willing to grow, and a sound strategy and international insurance policies can help any company reach out into new territories. 

A growing number of countries are experiencing an increase in political violence, tumbling economies and other hazards that could easily disrupt operations of international organizations. With that in mind, global companies must take a comprehensive approach to mitigate risk and other problems that could directly affect workers abroad. While international insurance is a key part of that, there are other complementary strategies that can help. 

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Wednesday, August 20, 2014

[INDUSTRY NEWS] What to Keep in Mind when Buying a Home Abroad

What country attracts your attention? Do you want a peaceful cottage in the countryside of Spain or a high-rise apartment in the bustle of Bangkok? Either way, there will come a time when you need to find a place to live while abroad.

For expats, this decision can be complicated. You may want to rent or buy, and the ability to move outside your home country provides a number of unique living opportunities not typically afforded to your domestic counterparts. However, without international property insurance, your personal belongings may not be covered at your new destination or during your move. And, this is only one consideration you have to keep in mind while living and working overseas.

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Tuesday, August 19, 2014

Clements Announces Appointment of Kevin Sergeant as UK and Europe Broking Director

Clements Worldwide today announced that industry expert Kevin Sergeant has joined its London operations in the newly-created role of Broking Director – UK and Europe.

Most recently Managing Director at Towergate Sevenoaks, Kevin’s initial focus will include aggressive expansion of Clements’ commercial insurance offering into the UK and European markets. Additionally, he will drive the development of broker and underwriting relationships for the firm in London.

Kevin brings over two decades of experience in insurance and financial services to Clements, having previously held senior management positions at Allianz, Willis and HSBC.

According to Simon Townsend, Managing Director at Clements London, “We are delighted to have someone of Kevin’s experience and calibre on board at Clements. His skills, relationships and industry know-how will benefit our clients, prospects and partners greatly as we continue providing them with our industry-leading international insurance solutions. Kevin’s presence on our team is testament to our ability to attract seasoned industry professionals who are eager to help drive our business here in the UK and throughout the rest of Europe.” 

Media inquiries:

Jasmine Chan

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Monday, August 18, 2014

Clements leaders Chris Beck and Smita Malik featured in Quartz

Photo courtesy of Quartz/Reuters/Azad Lashkari

Clements President Chris Beck and Assistant Vice President of Programs and Special Risks, Smita Malik, shared their thoughts with Steve LeVine at Quartz on the challenges of obtaining political risk insurance in Iraq. 

Since the advance of ISIL into northern Iraq two months ago, foreign businesses have scrambled to obtain fresh or added insurance against political risk and violence. But if they had none prior to the current trouble, they are finding it difficult to obtain insurance now, according to a leading insurance provider.

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Tuesday, August 12, 2014

[INDUSTRY NEWS] Top 4 Tips for Safe Driving Abroad

Learning to drive in a new country can be a relatively easy task. Once you are ready to get behind the wheel, take note of these four tips to how to become a better driver outside of your home country.

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Thursday, August 7, 2014

Clements US Managing Director Dante Disparte discusses risk and insurance solutions for a changing Egypt in MENA IR

Dante Disparte, Clements US Managing Director, shared his thoughts with MENA Insurance Review on the changing political and economic landscape in Egypt, and how businesses can best protect themselves and their investments in the region. 

It is hard to ignore Egypt.  Not only is it the heart and cultural center of the Arab world, it is also its most populous country, with 86 million people, and a key North African market that cannot be overlooked – locally, regionally or internationally.  While the recent headlines have been dominated by grim scenes of popular uprisings, a military coup and, most recently, a resurgence of terrorism in the Sinai Peninsula at the hands of Ansar Bait al-Maqdis, nonetheless Egypt’s long term prospects remain hopeful.  The first step in this direction, however, depends very much on how the administration of the newly-elected Abdel Fattah al-Sisi handles stabilizing risk and uncertainty.  

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Tuesday, August 5, 2014

[INDUSTRY NEWS] Political Turmoil, Dangerous Climate Present in Burundi

All across the world, expats in high-risk countries face unique hazards on a daily basis. As a result, current events and political changes within their host nations will have a major impact on their safety, security and quality of life.
With that in mind, comprehensive international insurance policies can help expats manage difficult situations. Coverage will provide financial support in the event of numerous hazardous scenarios, including property damage as a result of political violence. A lack of indemnification can leave expats on the hook for the many expenses accrued during life abroad.
One country where the likelihood of violence is on the rise is Burundi, a small, landlocked nation in Africa.

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Monday, August 4, 2014

Clements President Chris Beck highlights the importance of international insurance coverage on Bloomberg TV

Chris Beck, President of Clements Worldwide, appeared on the "Market Makers" show on Bloomberg TV to explain how international insurance protection can help global businesses deal with disasters and other political risks. 

To see more about this interview and access additional resources, visit the Risk Management Resources section

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