Today the whole world easily can be your playing field. But unfortunately destabilization in many regions is rapidly growing. Therefore the underwriting of political risk insurances is a dynamic business. It makes sense that a company protects itself from political, financial and reputational exposures, especially in emerging markets.
An export trade credit insurer can protect you against the risks of a local government obstructing payments or performance of contracts due to political instability or even war. Or reasons of financial nature like currency regulations, currency shortage and in extreme circumstances in the failure of public buyers.
We would be pleased to advise you what policy best fits your business.