Protection for Foreign Assets & Investments
Through our strategic partnership, Nexus C&F can design Political Risk Insurance for certain client exposures in select jurisdictions. Political Risk coverage provides protection for a variety of foreign investments and assets, including:
- Permanent investments in an overseas territories
- Mobile assets such as contractors’ plant and equipment
- Financed assets such as aircrafts and ships
Political Risk Insurance is underwritten through the Nexus Group’s London-based global platform. To learn more, contact David Wright at [email protected].
Contact
David Wright
Head of International Credit & Political Risk, Nexus C&F
[email protected]
Reece Whitchurch
International Credit & Political Risk Underwriter, Nexus C&F
[email protected]
Services & Solutions
Credit Single Situation
Trade Credit Multibuyer
Mortgage Risk
Significant Risk Transfer (SRT)
Alternative Risk Solutions
Managing Claims
Political Risk Insurance
Political Risk Insurance provides financial protection for certain risks associated with unexpected, discriminatory or arbitrary acts of foreign governments, as well as other unforeseen exposures, such as:
- Confiscation or expropriation by a host government
- Transfer restrictions on remittances
- Breach of contract or non-honoring of sovereign financial obligations
- Physical damage due to war or terrorism
For additional information and coverage details, contact David Wright at [email protected].
Nexus C&F Strategic Partnership
The Nexus Group has a strategic partnership and deep relationship with Crum & Forster. This enables us to provide coverage for credit/political risks through Nexus C&F, serving insureds domiciled principally in the U.K. or European economic region and an MGA affiliation for multibuyer trade credit in both the U.S. and global markets. Through our partnership, Nexus C&F offers insurance policies that are typically underwritten on the Nexus Group’s London-based European platforms.
Nexus C&F’s International Credit & Political Risk unit offers a full suite of insurance solutions via a binding authority writing on behalf of Hamilton Insurance DAC, whose business is reinsured 100% by U.S. Fire Insurance Company.
Nexus C&F benefits from the Nexus Group’s extensive global platform infrastructure, corporate oversight and multinational relationships.
About the Nexus Group
The Nexus Group is the largest independent international specialty Managing General Agent (MGA) in the London market.
In 2020, Nexus employed over 300 professionals in nine countries, underwriting over £320 million of gross written premium in more than 15 specialty classes of business.
At the Nexus Group, perceptive underwriting is key, driven by an experienced team with dedicated expertise in specialty business classes.
To learn more about the Nexus Group and Nexus C&F, contact David Wright at [email protected].
Credit & Alternative Risk Solutions
C&F’s Credit Division offers an array of credit insurance and risk finance products for U.S. and international clients. Specialty solutions include Credit Single Situation, Trade Credit Multibuyer, Mortgage Risk, Significant Risk Transfer (SRT), Alternative Risk Solutions and Political Risk Insurance.
Claim Services
Crum & Forster Credit Division manages claims on a case-by-case basis, recognizing the distinct characteristics of the underlying risk and the tailor-made policy wording.