Management Buzz 3/04
Insuring international expansion, office socializing breeds productivity, and more
In the excitement of expanding to overseas markets, it's easy to overlook less sexy aspects of international trade-like insurance. It can be hard to figure out what you need to cover, from routine property/casualty to major financial exposure due to extending credit to new trading partners. The SBA is trying to make this chore easier with a Web site introduced in September 2003, www.assessyourinternationalrisk.com.
Cosponsored by insurance giant American International Group Inc. and the U.S. Chamber of Commerce, the site offers an overview of the kind of coverage you'll need if you go overseas. You can also submit specific questions to the site for expert input.
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