We work with our clients to understand their underlying motivation for obtaining insurance and make sure each policy is structured to their specific needs.
TRADE CREDIT INSURANCE
Trade credit insurance, also known as accounts receivable insurance, is a risk management tool that protects against domestic and foreign customer insolvency, protracted default and political risks such as currency inconvertibility, expropriation, and nationalization. In addition to risk management, companies use trade credit insurance to improve their borrowing capabilities, increase their sales revenue, and negotiate better purchase agreements with their suppliers.
If you are considering trade credit insurance for your business or just looking to better understand the different options available, we would welcome an opportunity to talk with you. We work with our clients to understand their underlying motivation for obtaining insurance and make sure each policy is specifically structured to each of our clients needs.
Contact us today to find out how we can help you secure one of, if not, the most significant assets your business has.
To read more: Trade Credit Insurance
TRADE CREDIT POLICY TYPES
POLITICAL RISK INSURANCE
Political risk insurance insures against losses caused by expropriation or confiscations, currency inconvertibility, political violence, and governmental contract frustrations. Political risk coverage is generally included in the typical trade credit insurance policy; however, political risk coverage can be purchased specifically for government contracts and is very commonly used for overseas expansions to protect the value of acquired business assets.
Talk with us today about your political risk insurance needs. We would love to learn more about your business and help you find the right solution.