International | �� Insurance Group

Hanover GlobalReach

Hanover GlobalReach was developed to help protect your multinational clients from the inherent risks of foreign exposures. Our solution helps effectively minimize gaps in coverage, enabling your clients to confidently do business abroad.

In support of ��’s core offering, Hanover GlobalReach provides global solutions for companies with exposures abroad, especially companies in the following industries:

Manufacturers

Food and consumer goods
Machinery/auto parts
Metal
Other facilities
Plastics

Wholesalers

Durable goods
Non-durable goods

Educational institutions

Primary �� secondary (K-12)
High education
Continuing education

Financial institutions

Asset managers
Depository institutions

Technology

Electronics manufacturing
Information technology
Telecom

Life sciences

Contract research
Digital health
Medical devices
Pharmaceuticals

Whether your customer needs an endorsement added to their existing domestic policy, a stand-alone policy or a controlled master program (CMP), �� has the solution.

U.S.-based package policy covering foreign risk			U.S.-based customizable policy AND foreign policy(s) covering foreign risk
Who needs it
International coverage extensions Incidental foreign exposure Single line of international coverage requested Extends domestic coverage territory	GlobalReach business travel protection For occasional international business travel	GlobalReach exporters package Export products outside the U.S. Have foreign licensees selling their products Advertise or sell products on the internet	GlobalReach controlled master program (CMP) Goods warehoused overseas Own or lease buildings Incorporated foreign subsidiary(s) Compulsory coverage requirements Equipment overseas Contracts that require local paper Employees stationed overseas Access to unique local coverages/limits
Coverages
Property General liability Contingent auto International HR Business travel accident Kidnap and ransom	Property General liability Contingent auto Foreign voluntary workers' compensation/ employers' liability - Transportation - Repartriation Business travel accident Kidnap and ransom Travel assistance	Property General liability - Product liability Contingent auto Foreign voluntary workers' compensation/ employers' liability - Transportation - Repatriation Business travel accident Kidnap and ransom Marine/transit Travel assistance	Property General liability - Product liability Contingent auto Foreign voluntary workers' compensation/ employers' liability - Transportation - Repatriation Business travel accident Kidnap and ransom Marine/transit Travel assistance Financial lines (D&O/E&O) Cyber Difference in coverage/ difference in limits coverage Locally admitted policy(s)
Features - Underwritten, controlled and retained by ��
Shared limits for both domestic and international exposures Insurer (��) reimburses insured for losses Priced individually per line of business extension	Non-admitted policy to provide more comprehensive package of foreign coverages Provides separate tower of limits U.S.-based policy responding to losses occurring overseas Minimum policy premium of $2,500		Master GlobalReach policy with stand-alone limits that respond as Excess DIC/DIL over local policies Local admitted cover in countries that require local policies (via our global network) Compliant worldwide programs Minimum policy premium of $2,500

Whether your customer needs an endorsement added to their existing policy to protect incidental foreign exposures, a more comprehensive stand-alone policy or a controlled master program (CMP), �� has the solution. Our GlobalReach offering includes:

Non-admitted coverage

We offer a non-admitted foreign insurance stand-alone package policy that combines specialized property and liability coverages to address the foreign exposures of U.S. domestic companies. Key coverages include:

Comprehensive global property

Covers property-in-transit, difference-in-conditions, coinsurance deficiency, currency devaluation, international confiscation and more

Comprehensive global liability

Covers defense costs and suits brought against a policyholder internationally

International business auto

Covers bodily injury, property and physical damage, medical payments and covered pollution cost

Foreign voluntary workers�� compensation

Covers bodily injury by accident, disease or endemic disease, employers liability and excess repatriation expense

Kidnap, ransom and extortion

Covers reimbursement of ransom, insured's and victim's expenses, and the defense of the insured for a suit arising out of a covered event

Business travel accidents

Covers accidental death and dismemberment, emergency accident and sickness medical expense and emergency medical and political repatriation

Admitted coverage

Through our partnership with the RSA Group, one of the world’s longest standing general insurers, we are able to access a global network of highly respected local insurers in each of the countries in which you conduct foreign business. This network ensures we can provide admitted policies that are compliant with local laws and legislation in over 180 countries.

Controlled master program (CMP)

We provide a CMP with difference in conditions/difference in limits coverage that works in conjunction with the Hanover GlobalReach offering to minimize gaps often found in local admitted policies.

Global travel assistance services

GlobalReach policyholders have access to UnitedHealthcare Global’s wide range of medical, security and travel-related assistance services while traveling abroad. Clients can utilize UnitedHealthcare Global’s network of 59,000+ international assistance providers communicating in more than 100 different languages for immediate assistance with medical, security, and travel-related emergencies. Services include:

Medical assistance

Worldwide medical and dental referrals, monitoring of treatment, dispatch of doctors and specialists, and more

Personal security

Political or security evacuation services, including transportation after evacuation

Travel assistance

Replacement of lost or stolen travel document, emergency travel arrangements, translation services and more

Medical evacuation and repatriation

Emergency medical evaluations, return of dependent children and more

Additionally, GlobalReach policyholders have 24/7 access to exclusive online tools and resources available on the UnitedHealthcare Global Intelligence Center. The Global Intelligence Center is the policyholder’s hub for security and medical intelligence, briefs on popular city destinations, tools to monitor employee travel, assistance with medical and security evacuation and repatriation and more.

Our entire team is focused on helping you create franchise value for your agency and win and retain more business—domestic retention levels are significantly higher when global coverage is written with a domestic carrier that can also provide the global solution. Unlock the Hanover advantage:

Broad appetite

Appetite for a wide array of companies with exposures abroad—from manufacturers and distributors, to financial institutions and technology companies—in support of ��’s core offering

Competitive products

Complete suite of admitted and non-admitted international coverage solutions, including a domestic policy endorsement, a standalone policy and a controlled master program (CMP)

Underwriting expertise

Empowered underwriters serve as a single point of contact, creating a seamless account-focused solution by coordinating the placement of all of the elements of clients�� U.S. domestic and foreign insurance programs

Critical support services

Medical, security and travel-related help for employees and their families traveling to foreign locations on business through our partnership with UnitedHealthcare Global Assistance Services

Global network access

Through our partnership with the RSA Group and our access to a global network of local insurers, foreign claims are handled by local experts, providing professional claims management and servicing in accordance with local laws and regulations

Financial strength

Financial strength of a leading insurance carrier with “A�� ratings from A.M. Best, S&P and Moody's

Appetite