Trade Credit, Political Risk & Surety
Markel's trade credit, political risk and surety (TCPRS) team offers expert knowledge of commercial counterparty and country risks across a wide variety of trade sectors and geographies. The key benefits for clients include: security of non-cancellable credit and country limits; balance sheet and cash flow protection; improved terms for bank financing facilities; bonds and guarantees to assist with working capital management; an effective alternative to letters of credit or other types of collateral; full suite of political risk cover to manage emerging market risk and risk transfer to satisfy capital adequacy requirements.
The TCPRS team has extensive experience of providing global solutions for clients, but can also tailor policies for specific credit risks, markets and contingencies. Because of the complexity of trade risks it is important to choose an insurer that understands, and can deliver products that can cater for, all the facets of international as well as domestic trade. Markel International’s TCPRS division provides just such a service.