Secure trade flows and financing are imperative in today’s competitive environment. Having the right credit and political risks insurance in place can make all the difference to a commodity trader's business.
Credit insurance can not only assist with managing your aggregation risks and financing arrangements, but offer enhanced security for lenders providing full or limited recourse, and potentially reduce the cost of transactional finance.
Our international and multi-lingual team of specialists have the knowledge, experience and market relationships to secure the cover you need on either a single deal or facility basis.
Working both directly with clients and through intermediaries, we can arrange the following to protect payment undertakings, pre-payments and delivery risks in the energy, metals and agricultural commodity sectors.
Non-payment / non-performance insurance
Protecting your financial interests against any of the following for both commercial and political events.
- Non-payment due to a buyer’s insolvency or default
- Non-honouring of guarantees of payment or letters of credit issued by governments, banks or corporate institutions
- Currency inconvertibility / non-transfer
- Non-repayment of advance funds following non-delivery of products
Political risks insurance
We also secure cover against physical loss or damage to stock, mobile or fixed assets in the event of political violence or government action/inaction resulting in:
- confiscation, expropriation or deprivation
- contract frustration or repudiation.
“As well as securing the optimum coverage, we utilise our experience and knowledge to enhance the execution of your business.”
Matching your business strategy
We understand that to remain profitable you need to be able to offer competitive arrangements for your clients. We work with you, and insurers to align your insurance options with your economic structures, ensuring sufficient balance sheet treatments to give you sustainable competitive advantage
We appreciate that traders operate internationally. Working collaboratively across our offices in London, Paris, Geneva and Singapore, we have experts on the ground to ensure speed of response, consistent execution and the highest standards of service wherever you operate.
With access to Lloyd’s syndicates, international and multilateral insurance companies, we find the best markets to match your needs. Our detailed understanding of each insurer’s risk appetite and capabilities results in efficient marketing practices and certainty of execution. Combined with our long-standing relationships, we secure coverage that not only provides robust protection, but helps drive savings and efficiencies through off-balance sheet financing.
One team approach
In addition to our credit and political risks expertise, our wider specialist teams can provide insurance solutions for the entire range of your supply chain. Our ‘one team’ approach is core to our client service.
We believe our culture and values align with those of a commodity trader, with a specific focus on:
- high speed of response
- deal focused and competitive arrangements
- continuity of relationships.
Market-leading claims service
We never overlook the importance of a prompt and helpful claims service and the peace of mind this can offer. As a result we have built one of the strongest claims teams in the industry.