RSA launches global exposure product

RSA has launched a new product for UK-based businesses with global exposure in up to 10 countries.

The Mini Global product includes property, business interruption and public/products liability cover and caters for those companies with some overseas exposure but with traditional insurance needs.

The new offering is part of RSA’s risk managed business, which specialises in bespoke insurance solutions for large organisations. It is available to brokers who prefer to use local relationships for customers seeking property, casualty and motor fleet insurance.  

RSA’s global director of risk managed business Paul Greensmith said: “We know from our relationships with brokers that smaller global organisations don’t always have access to solutions that suit their size and scale. That’s why we’ve developed a more personalised product which bridges that gap in the market and represents a competitive offering.  

“Businesses of this type tend to have similar requirements and therefore don’t need an individual assessment of risk to define their policy. With this new product, companies can benefit from the peace of mind that comes with having the appropriate level of protection in place – as well as the value and service they expect from a market-leading global insurer.”

The product includes all property and business interruption risks, as well as full theft and a loss limit maximum of £25m. It also covers public and products liability, with extensions available for contingent motor liability, excess motor liability, vendors liability, personal and advertising liability as well as excess and residual employers liability, for more specific requirements.