We help Companies to Manage Credit Risks, Protect Cash Flow & Catalyst Business Growth

EMPOWERING GLOBAL TRADE

Credit Protection I Credit Intelligence I Debt Collection  I  Trade Finance

World-class Credit & Political Risks Insurance

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Empower your business

Manage Risks    I     Sustain     I      Expand         Grow     I    Trade Finance 

Customer is the King.

True, but only if he pays his dues on time !

We specialize in managing and insuring Corporate Credit Risks involved in domestic and international trade for Corporates and Banks globally. In partnership with Fortune 500 and S&P AA, A+ and above rated Specialty Credit Insurers world-wide, we optimally structure and deliver bespoke insurance protection enabling our clients to sustain and grow business - with the right Customers, in the right Markets, with right level of Information Insights and empowered by Trade Credit & Political Risks Insurance.

5 value-addsOur bespoke Trade Credit Insurance solutions empower your business by offering  : 

  • Credit Intelligence & Analytics Information on your Customers,

  • Comprehensive protection against Non-Payment Risks,

  • Indemnification upto 90% in the event of Payment Default,

  • Debt Collection Services to minimize any bad-debts,

  • Support Trade Finance for your Receivables, Supply Chain & Working Capital.​

 

Our team has over 25 years of experience spanning global markets & managing business-spectrum across diversified industries, trades and sectors. It would be our immense pleasure to understand your business and discuss bespoke solutions to best managing your Credit Risks. Let's start a dialogue today !

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Comprehensive Risks Protection

(1) Commercial risks : 

  • Insolvency of Customer(s) 

  • Protracted default by Customer(s) i.e. not paying on due date

(2) Export & Political risks : 

  • Contract Frustration

  • War, Civil War, Terrorism, Rebellion, Coup d’etat etc.

  • Government Moratorium

  • Confiscation

  • Expropriation

  • Nationalization

  • Currency transfer difficulties,

  • Inconvertibility

  • Public Buyer Default

  • Force Majeure

  • Natural Disasters

  • Pre-shipment Credit Risks

(3) Contract Frustration & Political risks  :

  • Insolvency or default by either a public or privately owned entity

  • Non-trade capabilities 

  • Pre-export finance 

  • Pre-shipment political risk coverage

  • Unfair and fair calling of on-demand bonds

  • Currency inconvertibility and Exchange transfer 

  • License cancellation

  • Import/Export embargo

  • Confiscation, Nationalisation, Expropriation and Deprivation 

  • Failure to honour an arbitration award

  • Aircraft and Vessel Repossession

  • Mortgage Rights Insurance 

Our CPRI solutions for Corporates provide a comprehensive insurance protection against broad spectrum of domestic & export credit risks.

For Banks, our 'Non-Payment Insurance' (NPI) or Obligor Trade Credit Insurance Policy, covers the risk of non-payment of loan obligation as per financing agreement.

Policy can be structured to offer 'Capital Relief' under Basel norms.

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Benefits for Corporates

Our Credit Insurance Solutions instills business confidence to trade, sustain and expand in domestic and international markets by providing following advantages :

  • Protection against Customer Payment Defaults - Bad Debts

  • Balance Sheet & Cash-flow protection

  • Strengthen Enterprise Risk Management (ERM), Corporate Governance, KYC Compliance and Risk Control

  • Increase business with existing customers

  • Enhance opportunities to add new customers

  • Optimistically penetrate existing markets

  • Access new markets for wider business opportunities

  • Prudent Sales & Debtor Risk Management

  • Safer sales targeting: Screening new and existing customers to identify those with which you may wish to grow your business safely and profitably

  • Debt Collection & Asset Recovery Services by Insurance Company

  • Access to Credit Intelligence Information Service providing you invaluable insight into customers

  • Reduction of Bad-Debts provisioning or reserves

  • Protection of Foreign Assets & Capital Investments

  • Optimize Liquidity by Financing Trade Receivables

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Benefits for Banks & FI's

Our TCI solutions, backed by S&P AA & A+ rated specialized Credit Insurers offer following advantages to Banks and Financial Institutions supporting Trade Finance & Trade Assets Protection :

  • Serves as Credit Enhancement Collateral

  • Qualified Risk Mitigant providing Capital Relief under Basel II & III

  • Enhance deal economics and lending spectrum

  • Optimize competitive advantage by holding lending assets on books v/s down-selling or BMRP or Syndication

  • Conserve and reduce Risk Weighted Assets (RWA)

  • Enhance lending capabilities by facilitating Counter-party Obligor Risk and/or Country Risk aggregation management & relief

  • Expand client borrowing base to include exports trade receivables under traditional Asset-Based Lending facilities. 

  • Portfolio Securitization opportunities

  • Risk Management Services

  • Full control on Credit Insurance Policy & Claims Management

  • Full spectrum of Credit Insurance solutions for Trade and Non-Trade Assets covering conventional and Islamic lending facilities.

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Comprehensive Trade Receivables Insurance 

for your

GLOBAL

EXPORTS

GET IN TOUCH

Let's start a dialogue ! We are uniquely positioned to understand your business requirements and structure bespoke insurance solutions to best manage your Trade Risks exposures.

U.K. : Prudence Brokers U.K. Ltd. - Broker at LLOYD's

FCA Firm Reference No.783381

3rd Floor, 34-36 Lime Street, London EC3M 7AT

U.S. : Prudence Insurance Brokers l.l.C.

4 EMBARCADERO CTR., STE.3000, SAN FRANCISCO, U.S.A.

Let's start a dialogue ! Write to us : TCI@prudence-UK.com ; TCI@prudence-USA.com

©2020 by PRUDENCE BROKERS (UK) LTD. - Authorized & regulated by the FCA, United Kingdom

PRUDENCE INSURANCE BROKERS LLC., U.S.A. - Authorized & regulated by California Department of Insurance, U.S.A.

OFFERED BY S&P AA & A+ GLOBAL SPECIALIST INSURERS INCLUDING LLOYD'S OF LONDON