In a complex and ever-changing global marketplace, suppliers, buyers, and financiers face multiple trading risks including non-payment, non-delivery, cancellation of licenses, embargos, war, and (un)fair calling of advance payment or performance guarantees. We can help protect companies from suffering losses resulting from any combination of these risks on individuals or groups of transactions; whether short, medium, or long-term. Coverage is primarily for contracts with sovereign or non-sovereign public sector entities but also may be available for private sector transactions under certain circumstances.
Doing business internationally can be tough when things go wrong. OMNIRISK’s political risk insurance protects businesses worldwide against losses in a range of situations from government embargoes and license cancellations to non-payment and delivery issues. We cover individual contracts and groups of transactions, whether short, medium, or long-term. And we can tailor policy wordings to a specific transaction.
