We underwrite a range of products related to trade credit and political risk.
We underwrite a specialist book of crisis management products. We offer an excellent service and response capability, with high levels of underwriter availability and the flexibility to respond to short-term situations as well as generally recognised threats. Our experienced team is also supported by expert risk and crisis consultants.
Sabotage and Terrorism
We write a diverse sabotage and terrorism account with a mix of global industrial accounts and country-specific commercial risks. The portfolio encompasses business written in over 150 countries, with a focus on Latin America, Africa, Asia and the Middle East. We take a proactive approach to monitoring our market, with the use of external consultants to identify risk exposures. We have the flexibility to respond to short-term situations that occur following a flash-point situation, as well as more generally recognised domestic threats. Industries covered include:
- Leisure (including residential)
Kidnap and Ransom
We write a worldwide book of kidnap and ransom insurance, offering limits in line with clients’ requirements and supporting market wordings as well as providing bespoke wordings as required. Coverage includes the expenses of expert crisis consultants, salary benefits, rest and rehabilitation and business interruption. We also provide 24/7 and 365 days a year expert response and claims-handling capabilities.
We cover corporate insured and individual or family policies against a range of perils including:
- Property or personal extortion
- Wrongful detention
- Political evacuations and repatriation
- Death and dismemberment
We also offer wrongful detention, political evacuation and kidnap expense to complement travel insurance policies.
We write a diverse, global book of political risk insurance. Our focus is on building an emerging-market book across the political risk spectrum.
We cover bank, trading and industrialist interests against a range of perils including:
- Pre- and post-shipment contract frustration
- Aircraft repossession
We participate on both large syndicated placements and a number of risks on a 100% basis. This business is written mainly through Lloyd’s brokers with whom we work closely to provide cover appropriate to their clients’ requirements, priding ourselves on our superior service and ability to lead business.
We underwrite trade credit insurance programmes across the globe providing world-class receivables and payables solutions for businesses and banks. We are experts in offering bespoke cover across trade credit, supply chain finance and trade finance and across a wide number of sectors and markets.
The team writes comprehensive cover for:
- Excess of loss insurance, covering both private and public buyers across the globe
- Single risk or named buyer insurance
- Captive solutions
- Cover for non-honouring of letters of credit, either individually or on a facility basis
- Supply chain finance solutions
- Supplier default insurance
- Structured trade finance solutions in conjunction with major banks
- Non-cancellable or cancellable buyer limits, depending on structure
- Policy tenor of up to seven years
With close to 100 years’ combined experience, we take a tailored approach whilst always maintaining the highest of service levels. Empowered and client-focused, emphasising a personalised approach to brokers and clients alike, the team has the authority levels needed to provide an efficient and insightful service.