Increasing globalisation has presented companies and financial institutions with new challenges, opportunities, uncertainties and political risks.
Ace Insurance's dedicated Political Risk team offers a broad range of trade credit and political risk capability - focused on export single risk, political risks, multinational credit insurance and non standard insurance linked to underlying trade finance.
Businesses and financial institutions exposed to commercial and political risks is complex with one off transactions involving significant sums generally with credit periods ranging from twelve months to seven years. Ace Insurance's experts carry out targeted studies for each transaction.
International sales can often be affected by changing legislation, contract breaches, expropriation, nationalisation and armed conflict. Because the world is unstable, Ace Insurance offers its Political Risk solution to companies and financial institutions exposed to these types of commercial and political risks.