Frequently Asked Questions

Is Robert Callard & Associates affiliated with any broker or insurance company?

How is Robert Callard & Associates remunerated?

Does Robert Callard & Associates offer Continuing Education Courses for the insurance industry?

CE Units have been approved in Oregon and Washington, are these the only states in which CEU's are offered?

Aren't all Property & Liability Policies the same worldwide?

Will my U.S. Workers' Compensation policy cover employees in other countries?

Do I need to purchase an insurance policy when I have an operation in that country?

Are local policies more expensive than the same coverage in the U.S.?

Are all insurers and brokers able to write and place insurance anywhere in the world?

I have heard the terms "Global Insurance Program" and "Controlled Master Program", what are they?

How  do I protect my assets in several developing countries for risks like terrorism or civil strife, or a change in government that could deprive me of the use and force me to abandon them?

After my banker asked me if I carried 'Accounts' Receivable coverage and my broker confirmed it, one of my larger customers declared bankruptcy. My insurer told me I was not covered.  I don't understand.

Is Robert Callard & Associates affiliated with any broker or insurance company?

No, Bob Callard and his associates have all worked in the international insurance arena for many years, but none are affiliated with, work for, or are employed by any insurer or broker.

Robert Callard & Associates, LLC is not an insurer nor an insurance agent or broker.  We act as a consultant specializing in the international aspect of a client's insurance program.

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How is Robert Callard & Associates remunerated?

Robert Callard & Associates are remunerated on hourly basis, plus expenses for their work with clients.  A flat fee for presenting Continuing Education Classes is made, plus expenses.

Based on the knowledge, experience and systems in place, Robert Callard & Associates, LLC is able to assist clients execute the international aspect of their insurance program more efficiently and thus provide a cost effective end result for both the broker and their client.

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Does Robert Callard & Associates offer Continuing Education Courses for the insurance industry?

Robert Callard & Associates offers numerous courses on international insurance to the insurance community.  Please contact us to determine if a specific course has been approved in your state.

Robert Callard & Associates also offers training to risk managers and to Insurance Company underwriters on international issues, coverages and exposures.

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I see that CE Units have been approved in Oregon and Washington, are these the only states in which CEU's are offered?

No, CEU's can be offered in all states on an approved basis, however, the courses will be filed only when requested.  Pricing is subject to individual states filing costs, expenses, etc.

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Are all Property & Liability Policies the same worldwide?

No!  Both property and liability policies can vary widely from country to country.  For specific information, please contact Robert Callard & Associates at:  mailbox@callardinternational.com

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Will my U.S. Workers' Compensation policy cover employees in other countries?

No, your U.S. workers' compensation policy only covers the U.S. employees in the U.S. subject to certain extensions for U.S. employees temporarily traveling outside the U.S.  If you have overseas employees,  You should discuss this with your insurance agent or broker.

Many countries don't require workers' compensation, but in some countries the employees who are injured on the job are permitted to sue their employer for negligence, thus Employers' Liability Coverage is recommended.  

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Do I need to purchase an insurance policy when I have an operation in that country?

That depends upon the type of insurance, the country where your are located and the limits required.  To answer this question specifically, have your insurance broker contact Robert Callard & Associates, LLC.

In some countries there are specific civil and criminal penalties for buying insurance offshore

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Are local policies more expensive than the same coverage in the U.S.?

Yes, in some jurisdictions rates are established by the government and they may be higher than the U.S., but generally where there are no tariff rates, public and products liability rates are less than the U.S. 

Property rates vary based on the construction, operation, and protection of the risk.  For example, many developing countries where much of the U.S. manufacturing is done, water is not readily available, thus expect higher rates.

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Are all insurers and brokers able to write and place insurance anywhere in the world?

No, insurance companies, like brokers, must be licensed in a particular country to produce and/or write business.  Only a very small percentage of brokers and insurance companies have operations and are licensed outside the United States. 

Insurance brokers who do not have a foreign operation work through correspondent brokers to meet their customers' needs.  If your organization needs a correspondent broker in a particular country, please contact Robert Callard & Associates at mailbox@callardinternational.com.

Insurers who do not have overseas operations, either do not offer international insurance or work through affiliated insurers overseas. 

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I have heard the terms "Global Insurance Program" and "Controlled Master Program", what are they?

A "Global Insurance Program" is a generic term for a centralized insurance program covering a line or lines of business that blends the master policy (written in the home country) with local placed policies.

A "Controlled Master Program" is a more specific term that describes a Global Insurance Program that is highly centralized and controlled at corporate headquarters that also blends the master and local polices. 

Robert Callard & Associates, LLC prefer a "Globally Coordinated Master Insurance Program"® which provides most, if not all the benefits of the CMP, but without many of the negative aspects associated with the CMP.

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How do I protect my assets in several developing countries for risks like terrorism or civil strife, or a change in government that could deprive me of the use and force me to abandon them?

Many companies have these same issues, but don't realize that the loss of these assets could cause significant damage to the balance sheet.  There are products that can be purchased on a multi-year basis to protect your assets from Nationalization, Confiscation, Expropriation, Political Violence, Forced Abandonment, Deprivation, and Civil War.  Please have your insurance agent contact Robert Callard & Associates at mailbox@callardinternational.com for further information.

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After my banker asked me if I carried "Accounts Receivable" coverage and my broker confirmed it, one of my larger customers declared bankruptcy. My insurer told me I was not covered.  I don't understand.

Apparently you were using your Accounts Receivable to collateralize a note.  Your banker was determining if you had credit insurance (coverage for clients who don't pay for various reasons).   Your broker most likely checked your package policy where a form of coverage is available.  It's called Accounts Receivable, but it doesn't protect against bad debts.  You should ask your insurance agent to explain the difference.

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Last modified: 06/02/08