TRADE CREDIT & POLITICAL RISKS INSURANCE SOLUTIONS

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CORPORATES

  • LC / SBLC Non-Honoring Risk TCI Policy

  • Financial Institutions - As (Joint) Insured &/or Loss Payee(s)

  • War, Terrorism & Political Violence (WTPV) including

  • Confiscation, Expropriation, Nationalization, Deprivation (CEND) 

  • Political Risks Insurance (PRI)

  • Capital, Mobile Assets & Investments Protection Risks Insurance 

  • Shareholder Loans PRI Policy

  • Specialty Coverages - Contracts

    • Contract Frustration​

    • Government Obligor

    • Private Obligot

    • On Demand Bonds

    • Non-Delivery Coverage

We offer a full spectrum of TCI solutions best protecting your trade risk exposures:  

  • Multi-buyers / Whole Turnover Portfolio TCI Policy

  • Select or Key Account/Customers TCI Policy

  • Single or Specific Buyer TCI Policy

  • Specific Contract(s) or Transaction(s) TCI Policy

  • Pre-shipment Risks / Work in Progress Cover - TCI Policy

  • Purchase Order Cancellation TCI Policy

  • CAD / DP Sales Cover TCI Policy

  • Contract Frustration TCI Policy

  • Supplier Non-Performance / Default TCI Policy

  • Excess of Loss (XOL) TCI Policy

  • Catastrophe Cover TCI Policy

  • Top-up Credit Limits TCI Policy

BANKS & FINANCIAL INSITUTIONS

A broad range of Trade Finance Risk Transfer & Risk Participation Insurance Solutions for offered for Banks & Financial Institutions :

 

  • Non-Payment Insurance (NPI) - Including Basel compliant Capital Relief Solutions

  • Trade Receivables Factoring Policy - Portfolio Cover and/or Select Obligor TR Portfolio Cover

  • Single / Multi-Buyer Bank Factoring Policy

  • Trade Receivables Securitization TCI Policy

  • Reverse Factoring or Purchase Factoring or Supply Chain Finance Trade Credit Insurance Policy

  • LC / SBLC TCI Policy - Country &/or Counter-party Credit Limits cover

  • Structured Trade & Commodity Finance Credit Insurance solutions

  • Bank Master Risk Participation (BMRP) TCI  

  • Trade Receivables Securitization TCI

  • Leasing / Securitization / Capital Markets Structures

  • Confiscation, Expropriation, Nationalization, Deprivation (CEND) & Political Risks Insurance (PRI)

RISKS COVERED

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

(1) Commercial risks involving your Customer :

  • Insolvency of Customer(s) 

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

(2) Export & Political risks affecting Country(ies) which impact customer payments :

  • Contract Frustration

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

  • Government Moratorium

  • Confiscation

  • Expropriation

  • Nationalization

  • Currency transfer difficulties,

  • Inconvertibility

  • Public Buyer Default

  • Pre-shipment Credit Risks

  • Force Majeure

  • Natural Disasters

(3) Contract Frustration & Political risks covering your contracts with Government / Public Buyers:

  • 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 

  • Construction Contractors Plant 

  • Failure to honour an arbitration award

  • Aircraft and Vessel Repossession

  • Mortgage Rights Insurance 

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.

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.

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