Cross Border Insurance Solutions

Developing a cross-border insurance programs is not simple, especially when one considers the taxes, penalties, and specific regulations prevalent in each of Canada’s various provinces. At CSU we help cross border clients through the various insurance requirements.

 

Canadian Specialty Underwriting (CSU) has “created strategic unions” with Lloyd’s of London Underwriters, Lloyd’s Coverholder’s and Lloyd’s Open Market Correspondents to literally give your clients a worldwide insurance solution. Our Global Network is comprised of global practitioners located in all key areas and countries. Since our clients are located around the world, this wheel-and-spoke structure, combined with regular, comprehensive communication, is a critical service component, making it easy for us to share and access knowledge, expertise and ideas for problem-solving with other members and correspondent offices worldwide.

We can bring the strength of our knowledge of global/international insurers and our excellent, long-term working relationships with them to help you achieve the most competitive and comprehensive program available.

 

CSU can also provide the Independent Insurance Agents Brokers in the U.S. the ability to offer service their clients within Canada while also being able to access our Lloyd’s network for special risks placed within their own country !

 

A U.S. Insurance Broker that does not hold a license in Canada will not be able to place business with a Canadian insurance company.  Furthermore a U.S. broker that does not hold a Canadian license is not permitted to provide insurance advice to any Canadian individuals.

 

U.S. law requires that an agent, broker or agency must be currently licensed and appointed in the home state (state of agent residence) as well as the state where the policy will be issued. CSU's U.S. affiliate comply with all licensing rules, regulations and laws of each individual U.S. state.

 

CSU is domiciled in Canada will make sure that your client complies with all insurance regulations so that the policy will respond when required