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Global Insurance for Technology and Life Sciences

Protect your business domestically and internationally with Global Companion℠ Plus+

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Global insurance coverage for technology and life sciences companies not only shields your assets and operations but also provides essential protection for your employees, property and activities worldwide.

Ensuring adequate coverage for your business abroad can be complex. That’s why it’s crucial to work with an insurance partner that has extensive global underwriting expertise. At Travelers, the Global Companion℠ Plus+ package combines property and liability coverage into a single, streamlined solution, offering protection for your business both at home and overseas.

Who is Global Companion℠ Plus+ right for?

Most technology and life sciences companies have global exposures, whether they realize it or not. This may include employees who travel internationally, products sold outside of the U.S. and Canada, and the purchasing of goods, services or materials abroad.

The following scenarios offer examples of different types of risk exposures faced by technology and life sciences companies where global coverage may help. 

Global foreign voluntary workers compensation

An engineer hired in Colorado travels to the U.K. for a short-term assignment. Complications at the site extended the job beyond its original time frame. Seven months into the project, the engineer is electrocuted at the job site. 

Foreign property – physical damage

Office equipment is damaged at the insured’s office in Belgium when smoke from a fire in another tenant’s office above filters through the ceiling.

International business travel accidental death and dismemberment (AD&D)

While temporarily working in Singapore, the named insured’s U.S.-based employee is fatally injured while riding in a taxi on his way to visit a client.

Global Companion℠ Plus+ advantages

Traditional domestic insurance policies stop short of providing adequate coverage for companies with a global footprint. Global Companion℠ Plus+ simplifies dealing with claims in countries with different laws, customs and languages. Consider these advantages.

Safeguard your innovations: Consult your insurance agent today.

In today’s interconnected world, ensuring that your technology and life sciences business is protected both at home and abroad is crucial. Global Companion℠ Plus+ combines property and liability coverage that offers the robust protection you need.

Don’t leave your business vulnerable – reach out to your insurance agent or a Travelers representative to learn more about tailored global insurance options that safeguard your operations and assets worldwide. Protect your future and focus on what you do best!

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Find an insurance agent

Tailor coverage to address the risks to your business.

Transforming today’s supply chains

Almost every technology company today is vulnerable to supply chain disruptions. If you are implementing advanced technologies to address supply chain inefficiencies, consider the importance of understanding and planning for the associated risks.  

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Find an insurance agent

Tailor coverage to address the risks to your business.