Special Products

The Atradius Special Products Unit provides tailored solutions outside the framework of our whole turnover credit insurance policies. This covers trade, trade financings and political risks.

 

 

 

 

 

Compass Atradius special products

 

 

 

 

 

The Special Products Unit provides the best of both worlds for our policyholders. Your business is able to benefit from the expertise and data intelligence of a world leading credit insurer as well as the enhanced flexibility and innovation of the political risk market  products.

Our policy wordings are tailored to meet the needs of individual risks and to respond to the evolving economic and geopolitical environment. They address the increasing demand for non-cancellable credit limits, single situations and structured trade financings across the globe. We work closely with our policyholders and their brokers to ensure that our solutions work effectively with their in-house risk analysis and credit management capabilities.

The Special Products Unit provides the best of both worlds for our policyholders.

Olivier David, Atradius
Olivier David
Head of Special Products, Atradius


Making a difference with a Single Situation cover

When you have specifically large contracts or business relationships with key counterparts, you may need a specific safety net including some of the following covers:

  • Straight non-payment cover for
    • Single large contracts with short term revolving credit terms
    • Largest obligors, providing high risk concentration
    • Top-up complement to your multi-buyers credit insurance
  • Contract Frustration cover for multi-years projects
  • Pre-shipment
  • Non-payment risks including non-honouring of letters of credit

Protecting against Whole Turnover Excess of Loss

You may have a strong credit management but still need to protect your entire turnover for an unforeseeable catastrophe event . When designing cover for such eventualities we can help with:

  • Significant self-retained excess layers
  • Discretionary credit limits
  • Non-cancellable limits

Providing additional trade finance support

We protect the various ways financial institutions support trade

  • Receivables purchase facilities
  • Reserve Base Lending
  • Borrowing Base Financing
  • Warehouse Finance
  • Buyer Credit
  • Leasing
  • Non-Honouring of L/C’s, SBLC, Import L/C
  • Structured financing
Man explaining to client Atradius Special Products


 

 

 

 

 

 

 

 

Protecting against the risk of non-delivery of pre-paid goods

Paying up front for any goods will include an element of risk, one that may be unavoidable in certain jurisdictions or situations. To help protect you against this specific risk we have developed a range of advance payment cover and pre-export finance cover.

Covering the Unfair Calling of Bonds

There may be situations where your bond is at risk. This can include a customer who makes an unfair call or a political situation outside of your control. Our Special Products are designed to insure you against such eventualities.

The Special Products Unit team

We provide tailored  Special Product solutions to customers worldwide. Our Special Products Unit team works out of offices based in:

  • London
  • Paris
  • Amsterdam
  • Cologne
  • New York – Baltimore
  • Singapore

 

 

 

 

Disclaimer

The statements made herein are provided solely for general informational purposes and should not be relied upon for any purpose. Please refer to the actual policy or the relevant product or services agreement for the governing terms. Nothing herein should be construed to create any right, obligation, advice or responsibility on the part of Atradius, including any obligation to conduct due diligence of buyers or on your behalf. If Atradius does conduct due diligence on any buyer it is for its own underwriting purposes and not for the benefit of the insured or any other person. Additionally, in no event shall Atradius and its related, affiliated and subsidiary companies be liable for any direct, indirect, special, incidental, or consequential damages arising out of the use of the statements made information herein.