Trade Credit Insurance

In the event of a political conflict or trade issue, Zurich offers trade credit solutions to 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 markets 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.

To enhance coverage terms, capacity or flexibility, 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.

The volatility of global financial and political landscapes has increased risks for manufacturing and wholesale companies trading domestically as well as internationally. Mitigate financial risk with insurance protection for nonpayment of commercial trade accounts receivable from unexpected and catastrophic losses due to insolvency, protracted default and political risks.

Product overview:

• Non-cancellable limits – Zurich credit limits are in force for the duration of the policy period; once a limit is approved, it cannot be withdrawn or reduced mid-term
• Significant capacity available – Up to USD $250 million policy limit of liability and up to USD $110 million per buyer per policy
• Flexible coverage – Available for both domestic and export sales
• Flexible and customized underwriting approach – Zurich’s policies are tailored to help meet the unique needs of your business profile and operating environment
• Policy types – Whole turnover (excess of loss), key account, single buyer, top up (excess of primary), multi-insurer syndicated programs and receivable purchase programs
• Global capabilities – Ability to roll-up international policies under one global policy or issue separate policies written on local or non-admitted Zurich entity paper