Long gone are the days when we could watch the economy in other continents suffer while we sat immune.
Washington, DC (PRWEB) June 12, 2012
Executives from Clements Worldwide, a leading provider of international insurance solutions, impressed a large audience of leading stability industry experts with a comprehensive risk mitigation strategy expose here, especially tailored for global organizations operating in Africa. The June 5 roundtable welcomed an overwhelming turnout, with nearly 100 invited guests in attendance. Logistics, defense, freight, construction, and risk management leaders and decision-makers in attendance actively engaged in the discussion and praised the valuable information provided throughout the event.
Using this dynamic forum as an opportunity to increase awareness about typically overlooked exposures in high-risk locations, Clements detailed key threats inherent to operating in East and North Africa. Drawing from decades of international insurance experience, Clements executives then outlined proven solutions designed to minimize risk, safeguard personnel and assets abroad, and potentially avoid very costly mistakes.
Keynote speaker Peter James, producer for global organizations at Clements, used compelling case study examples to demonstrate that inadequate coverage leaves an organization’s valuable assets vulnerable to perils such as political violence, civil unrest, kidnap & ransom, theft, hijacking, and acts of terrorism. In order to reduce these operational threats, Mr. James advocated integrated insurance solutions, ranging from cargo, transit, personal liability, to kidnap & ransom coverage.
Mr. James’ presentation also reinforced the need for companies to consult with expert insurance providers regarding their coverage: “Since the risk landscape in East and North Africa is more volatile than ever, organizations should secure comprehensive insurance that provides financial protection against any uncertainty.” He also adds, “since Clements is the only insurer specializing exclusively in international business for more than 65 years, we deliver the right coverage our clients need anywhere in the world, including in high-risk areas.”
Hosted in association with ISOA (International Stability Operations Association), the roundtable’s massive participation proves the topic of risk management in hazardous regions is a top-of-mind issue for global stability operations. "ISOA members have been operating in Africa for decades," said ISOA President Doug Brooks. "We are thankful to Clements Worldwide for making this event such a valuable experience for participating members, partners and this prestigious audience at such a critical period in our industry’s continuing evolution."
About Clements Worldwide
Clements Worldwide is a leading insurance provider for expatriates and international organizations. Founded in 1947, Clements offers international car, property, term life, health, specialty and high risk insurance in over 170 countries. With offices in Washington, DC and London, Clements delivers comprehensive coverage, superior customer service, and unparalleled claims response. To learn more and quote online, visit http://www.clements.com.
For more information or specific requests, please contact Katie Bengaard at +1.202.872.0060 or kbengaard(at)clements(dot)com.
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