Trade Credit & Political Risk
Allied World offers short and medium-term credit and political risk insurance. We take a personalized approach with every client. Our expert underwriters craft coverage for the unique exposures of each deal. Coverage is available for clients located worldwide.
Target Clients
Exporters
- Non-payment coverage for short-term and medium-term exports to both private and public sector buyers. Policies can be written for one-off transactions and for multi-buyer programs.
- Pre-shipment covers to protect exporters with long lead times against the insolvency of the buyer and various political risks which render contractual performance impossible.
Importers
- Non-payment and non-performance coverages in respect of advance payments and pre-financings that have been made to foreign suppliers.
Financial Institutions
- Non-payment for both short-term and medium-term trade and export finance to both private and public sector buyers.
- Structured commodity finance transactions.
- Lender’s Interest coverage for both project and investment assets which protect against the failure or inability of the borrower to repay the loan as a result of various political perils.