Ex-Im Bank is the official full faith and credit export credit agency of the U.S. Government. They provide insurance for exports containing at least 50% US content on a per item basis. Ex-Im Bank does not provide insurance for export sales to US territories. They insure short-term, medium-term, and lease coverage on a single-buyer basis, and offer a comprehensive multi-buyer policy. There is also a special program available for small businesses.
The name Atradius was introduced through the rebranding of GERLING NCM in 2003, a global leader in credit insurance and credit management established in 2001 through the merger of the German credit insurance group Gerling-Konzern Speziale Kreditversicherung (Gerling Credit) and the Dutch credit insurer Nederlandsche Credietverzekering Maatschappij (NCM). Atradius is one of the world's largest credit insurers, with more than 160 offices in 50 countries. Atradius specializes in trade credit insurance, surety and collections services worldwide. Atradius offers under one policy, Modula, with ranges of modules to suite business' needs.
AIG is one of the world's largest global insurance organizations operating in over one hundred sixty countries. AIG offers multi-buyer export and domestic credit insurance coverage, political risk coverage for cross-border equity investments and specialized kidnap, ransom, and extortion coverage. AIG provides flexible program structures with over 50 years of experiences underwriting trade credit insurance.
Coface is a unit of the Coface Group, a world leader, with offices in 93 countries. The Coface group acquired CNA Credit in late 2002. In 2003, Coface was created to provide credit insurance policies directly to businesses in the United States. They are a major domestic and export credit insurer offering past due and insolvency coverage. The Coface Group is also the provider of the Veritas credit report and other credit reporting services.
Euler Hermes North America Insurance Company is the oldest and largest provider of trade credit insurance and accounts receivable management solutions. Euler Hermes has offices in more than 50 countries and 5 continents. Euler Hermes provides domestic credit, export credit and political risk coverage in over 200 countries and territories worldwide They are a part of the Allianz Group and market their products and services using the “Allianz Trade” trademark.
FCIA Management Company has provided credit insurance for over 50 years. In 1991, FCIA (prior management company for Ex-Im Bank’s insurance programs) became a subsidiary of Great American Insurance Company. Great American Insurance Group is a subsidiary of American Financial Group (AFG). FCIA offers export and domestic trade credit insurance as well as a wide variety of specialty trade credit and political risk products that facilitate global trade and related financing activities.
HCC Credit Group is a market leader in trade credit and political risk insurance issued through three highly rated carriers: Houston Casualty Company, U.S. Specialty Insurance Company and HCC International, all subsidiaries of HCC Insurance Holdings, Inc. HCC Credit Group offers a full range of short and medium term coverages, including single debtor, multi-debtor, bank coverages and political risk policies on a worldwide basis.
ACE Limited acquired the Chubb Corporation in 2016, creating a global insurance leader operating under the Chubb name. ACE offers opportunities for medium to large sized corporate and global businesses to look at alternative ways of insuring their customer risk. ACE typically partners with companies that are experienced in credit management and who want a product to complement their credit management disciplines.
Allied World Assurance Company Holdings, AG, through its subsidiaries and brand known as Allied World, is a global provider of innovative property, casualty and specialty insurance and reinsurance solutions. AWAC provides trade credit, political risk, and kidnap and ransom through their Bermuda based team, Bermuda Treaty Reinsurance.
FinSurance Group Services is an insurance underwriter that specializes in Trade Credit Insurance and Accounts Receivable Insurance. FinSurance is a registered series of Mission Underwriting Managers, LLC. Finsurance focuses exclusively on offering insurance to the U.S. Small and Medium Enterprise (SME) market.
Markel Insurance offers opportunities for medium to large sized corporate and global businesses writing business on a primary or an excess basis. Markel typically partners with companies that are experienced in credit risk management and who want a product to complement their credit management disciplines.
The Lloyd's market has consistently led the political risk insurance field. Political risk policies of all types developed as part of the marine insurance market and acquired its own special status within Lloyd's. Today, underwriting is lead by a half dozen syndicates at Lloyd's. Other syndicates in the marine and non-marine area will also participate on "political" risks. Comprehensive credit insurance policies may also be considered on a selective basis.
Multilateral Investment Guarantee Agency (MIGA)
MIGA is the newest member of the World Bank Group Their mission is to promote foreign direct investment into developing countries to help support economic growth, reduce poverty, and improve people's lives. MIGA provides political risk guarantees (insurance) for investments made in developing countries. Their guarantees protect investors against the risks of transfer restriction (including inconvertibility), expropriation, war and civil disturbance, and breach of contract.