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Management Buzz 3/04

Insuring international expansion, office socializing breeds productivity, and more

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This story appears in the March 2004 issue of Entrepreneur. Subscribe »

Cover Me

In the excitement of expanding to overseas markets, it'seasy to overlook less sexy aspects of internationaltrade-like insurance. It can be hard to figure out what youneed to cover, from routine property/casualty to major financialexposure due to extending credit to new trading partners. The SBAis trying to make this chore easier with a Web site introduced inSeptember 2003, www.assessyourinternationalrisk.com.

Cosponsored by insurance giant American International Group Inc.and the U.S. Chamber of Commerce, the site offers an overview ofthe kind of coverage you'll need if you go overseas. You canalso submit specific questions to the site for expert input.

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