Katie KeetonFleet Manager

Siemens

How to Minimize Risk Exposure When Expatriates Drive Company Vehicles

Siemens Executive Insurance Program

• What it is

• How it works

• How we minimize risk

• What that means

What is the EIP?• The Executive Insurance

Program was implemented primarily as a means of providing affordable, comprehensive auto insurance to inbound delegates who lack a driving history in the US

Application Requirements• Pre-Approval from IHR

• “Good Drivers Letter”

• Copy of valid drivers license

• Must review policy and FAQ’s

What’s the Policy?US Drivers license within 60

Employee and family only

Requirements for insured children

Annual MVR’s• 2 or more moving

violations within 3 years• 2 or more at fault

accidents• Conviction of DUI within

the last 5 years

Looking Ahead

• Should we continue to allow family to participate?

• Should we limit the number of cars or length of time for participation?

• Safety Training– What type of training would be most effective– Do we increase the premium to cover the cost