[Consulting Case] Manufacturing Companies Expanding Overseas

A case that explains the necessity of separating overseas local subsidiaries from Japanese securities and arranging insurance locally!

We would like to introduce a consulting case for manufacturing companies that have expanded overseas, with overseas sales accounting for more than 60% of total sales. Initially, the insurance company explained that "all global risks can be covered by Japanese-issued securities," and at the insurance company's insistence, overseas local subsidiaries were listed as additional insured parties within the Japanese securities. Therefore, we held a study session for the company's personnel to communicate the precautions for arranging insurance overseas and the procedures in case of an accident, and we provided support for advancing insurance contracts for overseas local subsidiaries. 【Case Summary】 ■Issues - Listing overseas local subsidiaries as additional insured parties within Japanese securities (this violates local insurance regulations, but the insurance company provided no explanation regarding this). ■Solutions - Held a study session to communicate precautions for arranging insurance overseas and procedures in case of an accident. - Provided support for advancing insurance contracts for overseas local subsidiaries. *For more details, please refer to the related links or feel free to contact us.

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