Insurance Process Diagram portion of the retainer fee is refundable if: (a) OPIC makes an offer of coverage and the client accepts it or (b) upon the completion of its review process, OPIC is not able to issue a formal commitment with regard to the project. OPIC Insurance Process Diagram Insurance officer conducts due diligence and obtains clearances from
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Insurance Process Diagram INSURANCE PROCESS DIAGRAM MILESTONES DISCRETE PROCESSES Submission of project registration (Form 50)1 Submission of complete application (Form 52), business plan (if available)2 and retainer fee3 Application is assigned to an Insurance Officer and an OPIC attorney Review and approval by OPIC Insurance Policy Committee Review and approval by
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