Available to exporters, banks, traders, manufacturers and other companies to help protect against default and insolvency risks from commercial or political risk events.
We offer single debtor policies for medium term or individual credit risks, and policies up to seven years for extended or deferred payments.
To enhance coverage terms, capacity and or flexibility, we collaborate with export credit agencies and multilateral institutions.
Short Term Multi-buyer Trade Credit
The volatility of global financial and political landscapes means that manufacturing and wholesale companies trading domestically face increasing risks. We work to mitigate these by covering non-payment of commercial trade accounts receivable from unexpected and catastrophic losses due to insolvency, protracted default and political risks.
- Non-cancellable limits
Our credit limits are in force for the duration of the policy period. Once a limit is approved, it cannot be withdrawn or reduced mid-term
- Significant capacity available
Up to USD $250 million policy limit of liability and up to USD $110 million per buyer per policy
- Flexible coverage
Available for both domestic and export sales
- Flexible and customized underwriting approach
Our policies are tailored to help meet the unique needs of your business profile and operating environment
- Policy types
Whole turnover (excess of loss), key account, single buyer, top up (excess of primary), multi-insurer syndicated programs and receivable purchase programs
- Global capabilities
Ability to roll-up international policies under one global policy or issue separate policies written on local or non-admitted Zurich entity paper