For global companies, the international regulatory landscape is increasingly complex, navigating litigation in emerging markets is difficult, and executive liability risks are growing worldwide. With the ever-present threat of protracted litigation, cost to a company's reputation could be compounded by legal -- and financial -- liabilities. Many countries and jurisdictions require local operations and subsidiaries to carry locally-admitted liability coverage. Even where it’s not required, it often makes good risk management sense. Without locally-admitted insurance in place, multinationals with foreign operations may be vulnerable to multimillion dollar losses that their global policies won’t adequately cover.

The panel will help you to:

• Understand recent changes in regulation and developments in
  international litigation and claims
• Recognize the benefits to securing locally-admitted insurance policies
• Become more aware of growing multinational business exposures
• Explain the advantages of the AIG Passport service platform