
We specialise in arranging and advising on political risks insurances
for both shipping companies, banks and commodity houses seeking protection
against various elements of 'country risk'.
Our Political Risks insurances
provide coverage for losses that may be incurred when trading in regions
such as South East Asia, the Middle East and Latin America.
We provide coverage for losses arising directly
from seizure of assets or other action by foreign Governments, exposures
to assets can be exposed to physical damage from politically motivated
violence. We provide cover to protect vessels against losses due to
confiscation, non-repossession or political violence.
For example, one of the events that political risks
insurance cover includes ‘Contract Frustration’ where a contract
can be frustrated or cancelled due to political actions over which companies
have no control and they therefore suffer financial loss.
Our team of Political Risks brokers are committed
to finding innovative solutions for country risks in order to provide
coverage for our global clients. |