Political & Financial Risk

London Market and Europe Insurance Products

Overview

Our London Market Insurance teams underwrite the full range of Political Risk and Credit Insurance products. We pride ourselves on truly understanding our clients’ risk exposures, tailoring risk management solutions and providing responsive and skilled claims handling.

Backed by Sompo International's exceptional financial strength, we offer significant capacity and underwrite business through our company platforms in the UK and Continental Europe and our Lloyd’s of London Syndicate 5151 with access to Lloyd’s Brussels, our platform to write European Economic Area syndicate risk post-Brexit.

Products

  • Trade related Political Risk insurance including coverage against counterparty non-payment, non-delivery for pre-paid goods, inability to convert and transfer currency, embargo, license cancellation and unfair bond calling
  • Confiscation, Nationalisation, Expropriation, Deprivation Coverage
  • Single Risk Credit Insurance

Coverage Features

  • $40M per risk
  • Accounts are written on a direct or facultative reinsurance basis and, whilst the focus is on individual transactional underwriting, portfolios of risks will be considered
  • Our dedicated underwriting team has extensive experience, including in particular emerging market and commodity finance exposures

Leadership

Matthew Woollam
Head of Political & Financial Risk
London Market and Europe Insurance
Tel. +44 (0) 20 7337 2985

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