Political & Credit Risks

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When you trade or invest across borders, your balance sheet is at risk

Our team can arrange Credit products to help mitigate exposures for a company or financial institution trading or investing overseas. Available products provide coverage against non-payment or non-delivery of a contract; the subject matter to be insured can include but are not limited to, accounts receivables, loans, amounts due under a Letter of Credit or amounts not honored against a guarantee.

Lockton can also arrange Political Risk Insurance (PRI). PRI products are designed to address your cross-border exposure to government action and political events in emerging markets. Some industries are highly reliant on physical operations located in politically volatile countries. PRI covers political events including the direct and indirect actions of host governments that negatively impact investments and are not properly compensated for war, trade embargoes and expropriation, all of which can impact your business and bottom line. The product also serves as protection for shareholders, creditors and other financial partners against unforeseen losses due to a covered event.

We work with commodity traders and the banks that finance them, as well as with equity investors who have subsidiaries or physical assets abroad. Our global client base includes leading banks, construction companies, international commodities traders, industrial companies, miners, oil producers and exporters.

Our services

We investigate the insurance market to find counterparties who’ll take on your political and trade credit risks at a premium you’re comfortable with.

We’ll advocate for you and negotiate hard on your behalf. As well as this, we’ll:

  • analyse your risk and identify areas where a government action may threaten your investment
  • study your contracts and recommend changes if needed to make them insurable
  • suggest ways to structure your risk to reassure underwriters, such as obtaining collateral or guaranties
  • get underwriters more closely involved with you and your risk to develop a true partnership
  • advise you on the best way to manage your risk, not just the best insurance to buy
     

Our team

Located in the DIFC, our Political and Credit Risk team bring essential knowledge from their backgrounds working across the financial sector including underwriting and broking which enables for a better understanding of a clients needs, exposures and insight in to the market for their requirements both in the MENA region and abroad.

Contact

For more information
contact@mena.lockton.com

 

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Broking done differently

We're more than an insurance Broker
- We're independent specialist risk consultants

  • Find the right fit
    We will always ensure to understand your financial goals and position and use out know-how to create a broking or collateral strategy that fits your objectives.
  • Predict impacts on your business
    We combine detailed modelling and financial analytics to show you the effect of an insurance programme on your business and the risks you face.
  • Fight for you
    We are not afraid to challenge insurers to achieve the best result for you.
  • Keep up to date
    We keep up with developments in your industry, to make sure we understand your business.
  • Keep costs low
    Help risk financing come up with lowest cost or most suitable programme.
  • Global Expertise
    Lockton, Inc. is the world's largest privately held insurance brokerage firm.