500 Ferry Blvd.
Stratford, CT 06615
Tel: (203) 380-2400
Fax: (203) 380-2277
E-Mail:
info@
riskprotection.com |
|
|
INSURERS
PAGE
There are many insurance companies involved in our field
of insurance and each insurer has a specialty. Our expertise involves finding
the market which offers a proper fit for the needs of your business. There
are four prime categories of Markets offering various trade credit and
political risk insurance products:
| Government
Agencies |
|
|
| Private Property
& Casualty Underwriters |
|
|
| Multilateral
Agencies |
|
|
| Captives
|
|
|
Export-Import Bank of the United States
("Eximbank")
Eximbank is a U.S. Government agency that helps
finance and insure exports of American made goods and services. Various
insurance programs are available to exporters and financial institutions on a
single or multi transactional basis.
AIG Global Trade & Polticial Risk Insurance Co., Inc.
(AIG)
AIG, through its member companies, forms one of the
world's largest insurance organizations, providing insurance and operating
offices in over 130 countries. AIG began offering political risk covers in the
mid-1970's. Available products include Comprehensive Trade Credit plus all
types of political risk policies.
FCIA/Great American Insurance
Company
Great American Insurance Company is the sole
subscribing company of the FCIA Management Company, Inc. and is the sole
insurer under FCIA export credit policies. Products include Comprehensive Trade
Credit and political risks coverages.
Trade Underwriters Agency (TUA)
TUA is the
exclusive worldwide Program Manager for Reliance Insurance Company and its
subsidiaries for trade credit and political risk insurance. Products include
Comprehensive Trade Credit insurance and political risk coverages.
Exporters Insurance Company Ltd.
("Exporters")
Exporters is a Bermuda group captive insurance
company, which began operations in January 1990. Exporters is a user-owned,
private sector underwriter of trade credit and political risk insurance. To
access Exporters, an exporter or bank purchases Preference shares of Exporter's
parent corporation, EIC Corporation, Ltd.
Lloyd's of London (LLOYDS)
Today
underwriting is lead by a half dozen syndicates at Lloyd's. Begun over 200
years ago, the Lloyd's market has consistently lead the political risk
insurance field. Political Risk developed as part of the marine insurance
market and in recent years acquired its own special status within Lloyd's.
Other syndicates in the marine and non-marine area will also participate on
"political" risks.
Maryland Netherlands Credit Insurance
Company
Long known as Fidelity & Deposit, an old-line
writer of domestic credit insurance policies. They are now jointly owned by
Dutch credit insurance giant NCM and the Zurich Insurance Group. They offer
credit and political risk covers in select export markets.
American Credit Indemnity
(ACI)
A large domestic trade credit insurer sold by Dun
& Bradstreet in 1996 to the Euler Group. ACI now provide credit and
political risk covers in select export markets.
CNA Credit
CNA Credit is a
subsidiary of one of the top ten US insurance groups, CNA Insurance Companies.
Since 1995, CNA Credit with the support of its French partner, COFACE and a
network of credit insurance companies, Credit Alliance, offer past due and
insolvency covers in over 85 countries.
Additional markets include:
Citicorp
International Trade Indemnity, Inc. (CITI), UNISTRAT Corporation of America,
and Pool d'Assurance des Risques Internationaux et Speciaux ("PARIS")
INVESTMENT UNDERWRITERS
Multilateral Investment Guarantee
Agency (MIGA)
MIGA was established in 1988 as the newest
member of the World Bank Group. Its purpose is to encourage foreign investment
in developing countries by providing a full range of investment guarantees
against political risk. Products/Service: Currency Transfer, Expropriation,
Breach of Contract, War and Civil Disturbance covers are offered.
Overseas Private Investment
Agency (OPIC)
OPIC was established in 1971 as an agency of
the United States Government. OPIC's purpose is to encourage foreign investment
in developing countries by providing a full range of investment guarantees,
direct loans and investment insurance against political risk. Products/Service:
Inconvertibility, Expropriation, Political Violence, Direct Loans & Loan
Guaranties, Special Leasing Programs, Special Contractors & Exporters
Programs are available. |
|
