Providing credit services & and risk mitigation to help manage and protect your cash flow.

PROTECTING YOUR BUSINESS

We all live and work in an increasingly global environment, and many of the opportunities in business are outside the UK, either by way of investments or trading opportunities.

Yet the world is also increasingly uncertain – just think of how much the world environment has changed in the last 10 years, and how many unexpected crises have arisen.

Political risk cover can help protect a business against these risks. There are two types of risks that can be insured:

Protecting Overseas Assets

Against expropriation or confiscation by a foreign Government
Against damage due to war, riot, or civil unrest
Currency transfer or inconvertibility risk

Protecting against trading risks

Contract frustration due to Government embargo, war, riots etc
Currency transfer or inconvertibility risk
Payment default by Foreign Governments
Unfair calling of on demand bonds or other guarantees

Trade risks can be insured as part of a package also covering commercial payment risks, or on a standalone business, depending on the way your trade is being conducted. Payments instruments like letters of credit can help with the commercial risks, but leave your business exposed to political risks – and by the time they become apparent, it is probably too late to get the cover.

We can help by discussing with you the way you trade, how that trade is funded, and what risks you face by doing so, and what is available to you to offset those risks.

Contact us:

Leeds Office   44 (0) 113 242 3130

London Office  44 (0) 203 544 4771