Think locally to act globally : solutions for dealing with global property and business interruption claims

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      <subfield code="a">With almost every industry having moved some aspect of their production, distribution or sales offshore, many have not fully considered the myriad of challenges and new risks they now face when property damage and business interruption insurance claims strike. Those that have experienced domestic property claims already understand the countless challenges involved in preparing and proving their loss. Now imagine dealing with a claim in Europe, Asia or South America and the additional complexities that a global claim brings to the process: international teams, different adjustment procedures, cultural differences, international accounting practices, domestic and foreign management, currency exchange and hedging issues, time differences and language barriers</subfield>
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