Political unrest is a real and unpredictable threat to foreign direct investments. Whilst traditionally associated with emerging markets, developed nations are not immune.
Political risk insurance not only protects your overseas investments, but enables you to grow your global footprint with the peace of mind that if an incident were to happen, you are financially covered.
Miller has been assisting clients to protect their overseas assets with comprehensive and competitive political risk coverage for almost three decades.
With access to both the London and international markets, we can arrange integrated contract and asset-based programmes on a single or multi-year ‘non-cancellable’ basis, covering both individual exposures and global portfolios.
Protecting overseas investments and fixed or mobile assets, coverage would respond where political violence or government action/inaction results in:
- confiscation, expropriation or nationalisation of assets
- currency inconvertibility / non-transfer of dividends or funds
- revocation of licences or permits
- physical damage or forced abandonment
- selective discrimination
- forced divestiture
“Political risk insurance not only protects your overseas investments, but enables you to grow your global footprint with the peace of mind that if an incident were to happen, you are financially covered.”
Who our clients are
Working directly with corporates or financing banks, and via intermediaries, we have particular expertise in the following sectors:
- natural resources
- oil and gas
With dedicated political risk specialists located in our London, Paris and Singapore offices, and a strong collaborative culture, we are well-positioned to provide a consistent transactional approach and a high standard of service across all territories.
We have a detailed understanding of risk appetite and insurer capabilities. Combined with our long-standing market relationships, we secure coverage that not only provides robust protection, but helps drive savings and efficiencies.
We are committed to providing clients with the highest quality of service across all we do. Particular areas we focus on include:
- swift response times
- comprehensive coverage of the international insurance market
- obtaining best possible terms
- thorough and clear communications in regard to all insurance negotiations
- demonstrable track record in successful claims payment.
Miller's claims capabilities