Cross-border solution for firms with physical assets launched

http://autoinsurancereview.tk/wp-content/uploads/2016/11/business-man-ladder-238x143.gif

Cross-border solution for firms with physical assets launched

Cross-border solution is offered to a variety of industry sectors including manufacturing, warehousing, real estate and retai

Staff on November 29, 2016

Aviva Canada has announced the advantages of its market-leading solution for Canadian domiciled companies that have physical assets, exposures or plated vehicles within the U.S. and require admitted paper.

Aviva’s cross-border solution is offered to a variety of industry sectors including manufacturing, warehousing, real estate and retail, with the following key benefits:

• Fast quote turnaround: most quotes are provided within one business day – an industry leading service proposition.


• Coverage on U.S. admitted paper: meets all state regulatory requirements and avoids unnecessary U.S. tax implications of using non-admitted insurers.


• Alleviates exchange rate fluctuations: values of U.S. property and assets are in U.S. dollars.


• Continuity of insurer: brokers can maintain their relationship with Aviva as there is no additional licensing or contract requirements.


• Seamless solution: customers receive specialized coverage to meet their business needs. Brokers have a single point of contact at Aviva for an end-to-end solution, and benefit from Aviva’s consultative services on both sides of the border.

Source link

Cross-border solution for firms with physical assets launched