Political & Natural Disasters - a corporate liability? - 25th May 2011

The recent unrest in the Middle East and elsewhere, coupled with the unprecedented list of natural disasters around the world, are leading some companies to check their corporate insurance programs.  Its all very well having a corporate medical program in place with evacuation cover in case of medical emergency, but none of these policies would pay out for example if you were stuck in the middle of Tripoli, Cairo, Tunis or Bahrain during the recent troubles.  It is an essential part of corporate responsibility to protect your expatriate staff and their families and more companies are now looking at non-medical evacutaion policies in order to protect their workforces.  If you sent them there, you need to be sure you can get them out!