In the event of a political conflict or trade issue, Zurich offers trade credit solutions to domestic suppliers, service companies, exporters, commodity traders and financial institutions.
Coverages with terms up to seven years give insureds the ability to offer extended or deferred payment terms, which are often essential to build relationships with emerging market customers. Zurich also structures single-obligor policies, with capacity up to USD $75 million per transaction — so each deal receives the attention and the insurance protection it merits.
Zurich’s structured single transaction policy provides protection against the non-payment of a specific obligor for:
- Buyers insolvency
- Protected defaults
- Political events
To enhance coverage terms, capacity and flexibility, Zurich’s trade credit policies have non-cancellable limits for the duration of the policy period based on a predetermined fixed premium rate set at the beginning of the policy.
Zurich collaborates with export credit agencies and multilateral institutions to optimize trade credit coverage for insureds. Customized for a wide range of emerging market transactions, Zurich’s trade credit insurance provides an alternative to costly country risk reserves and syndicating credit exposures through a centrally managed policy.