Bespoke credit and risk solutions

Not everything in life is simple and here at Atradius we understand the complexities that trading in the global business market can create. Whether it is dealing with foreign currencies or a ‘one-off’ situation, we have designed practical solutions for;

• Single situation cover
• Fair/unfair calling of contractual bonds
• Bank failure to honour letters of credit
• Pre-export finance commodities
• Excess of loss multi-buyer policies
• Tender Exchange Rate Indemnity (TERI)
• Access to finance
• Time charter default cover

Single situation cover

We can offer cover for commercial and political risks. Credit risk with up to 3 years pre-credit with an overall contract of 5 years.

Unfair calling of contractual bonds

We can offer protection for unfair calling or fair calling where a bond has been called because of political events. This can be given as a complement to single contract cover, but to avoid any conflict of interest, we can’t provide this cover where the underlying credit, or pre-credit, risk is insured with another underwriter

Bank failure to honour letters of credit

Our product is offered to exporters as an alternative to bank confirmation. We also offer this to banks to free up capacity on sellers or countries through facilities or single situation.

Pre-export finance of commodities

Our cover can give you security for a supplier’s failure to deliver their product according to the pre-paid contract, or loan agreement, and the supplier’s subsequent failure to refund the payment or loan. Solutions are also provided for pre-paid manufactured goods.

Tender Exchange Rate Indemnity (TERI)

We can provide cover for companies who tender, fixed and firm, for contracts and face a foreign currency exposure against exchange rate risk during the tender to contract period.

Main convertible currencies are covered.

Access to Finance

We can offer tailor-made protection of your receivables to improve access to finance and improve the attractiveness of the rate of finance on offer through trade finance programmes and securitization.

Time charter default cover

We offer protection to the Ship-owner against the insolvency or default of the Charterer in respect of hire that is due. The owner is indemnified against unpaid invoices, the unemployment period of the vessel and the shortfall between the original charter rate and any subsequent re-hire rate.

To find out more about all the above products, please click on the link to your right to find your local website or contact your broker who can help you get the cover which best fits your business needs.