Political Risk Insurance
In our rapidly changing and volatile world, events can occur that despite your and your customer’s best intentions, prevent you from getting paid. Whether it’s war and political violence, trade embargos, currency transfer risks or other government interventions, political risk insurance can help you protect your open credit exposures.
We help our clients secure protection against confiscation, expropriation or nationalization of assets held abroad. There is also customized contract frustration coverage for one-off or ongoing sales to public or private sector buyers overseas.
For lenders, we can provide access to programs that help top off your ability to confirm letters of credit, and protect against deprivation of collateral when you’re being asked to lend against foreign domiciled assets.
As registered brokers for Ex Im Bank, we have the full range of Ex Im programs available for you as well.
Whatever your needs, GCC has the resources to help. To discuss your requirements in more detail, please contact us.