Credit Insurance Single Risk and Political Risks

The implementation of tailor-made insurance solutions is essential to secure activities exposed to major political and economic risks.

Transforming uncertainties into strategic levers

In a geopolitical and international economic context marked by strong volatility and increasing uncertainties, companies more than ever need tailored support to secure their operations, anticipate emerging risks, and adapt their development strategies.

To secure your balance sheet and increase your banking capacity by transferring risks to the insurance market, our teams support you in setting up tailor-made single risk credit insurance and political risk coverage, which are non-cancellable and renewable.

Responding to the challenges of an unstable economic world

Companies and the financial institutions Today, they are operating in one of the most uncertain economic environments since the end of World War II. Market volatility and the rise of political risks Weaken both supply chains and the financial strength of organizations.

In order to mitigate risks and consider expanding into new territories, increasing competitiveness and enhancing banking capabilities, our Howden team enables you to Transform your uncertainties into strategic levers.

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Who is concerned?

Every company engaged in import/export

International investors

Banks and financial institutions

The main risks covered

Contracts

Investments

  • Failure to pay or deliver
  • Termination of the contract by government order
  • Embargo
  • Armed conflicts, riots, strikes, and acts of terrorism
  • Monetary inconvertibility or non-transfer
  • Non-compliance with the arbitral award
  • Abusive calls for guarantees
  • Justified call for guarantees due to a political event
  • Termination or non-issuance of license
  • Change in legislation
  • Discriminatory measures
  • Confiscation, expropriation, nationalization, dispossession
  • Monetary inconvertibility or non-transfer

Why choose Howden?

  • Benefit from access to Lloyd's syndicates  : Howden has privileged historical access to the Lloyd's insurance market in London, the global centre and historical player in insurance, enabling it to approach around 40 additional insurers.
  • Benefit from personalized support from an international team of dedicated specialists.  : Each case requires in-depth analysis before being presented to a panel of insurers in France and abroad, each with their own specific characteristics.
  • Optimizing conditions contractuals : We negotiate the best rates and contract terms on your behalf. We anticipate your needs and developments to offer you a tailor-made, non-cancellable contract with one or more insurance companies in syndication.

Key figures

4 billion

Coverage amount and terms of up to 15 years.

$500 million

Amount of claims settled over the last 10 years

1994

Founded over 30 years ago, Howden is now the leading non-US international broker.

Contactos

Photo of Didier Seigneur

Didier Seigneur

Director of Financial Risks and Credit Department
Photo of Didier Seigneur

Didier Seigneur

Director of Financial Risks and Credit Department

With over two years' experience at Gerling America Insurance CY in New York, specializing in Liability underwriting, Didier later joined Aon Mergers & Acquisitions Paris as Deputy Director, driving the growth of Insurance Warranty and Tax Opinion products. Progressing to AIG Europe Limited France in 2002, he assumed various management roles in Financial Risk guarantees. In 2010, he took the helm as Director of AIG France's Financial Risks division, extending his leadership to Belgium, Luxembourg, and the Netherlands in 2014.

In 2014, he ventured into entrepreneurship and played a key role in acquiring CRF Assurances. Seven exciting years later, Didier now thrives as Deputy General Manager of CRF Assurances and Director of Financial Lines at Howden France.

Photo of Marc de Neuville

Marc de Neuville

Director of the Financial Institutions sector
Photo of Marc de Neuville

Marc de Neuville

Director of the Financial Institutions sector

Marc is Director of the Financial Institutions Sector within the Howden France team.
Prior to joining Howden, Marc worked for over 11 years in the banking and financial sector. He started his career at Société Générale (Derivatives Lawyer), then spent 8 years at Royal Bank of Scotland (Derivatives Lawyer then Counterparty Risk Negotiator then FI Relationship Banker), before joining ETI Finance (Senior Advisor). Marc was then recruited by Chubb Europe as a Key Account Financial Risk Underwriter, before joining Verlingue as Client Director.
He is a specialist in financial risks and coordinates the sector team, bringing his knowledge of banks‘ and insurers’ balance sheets as well as recognised expertise in the investment fund and real estate ecosystem.

Photo of Rémy Verlyck

Rémy Verlyck

Credit, Guarantee and Political Risks Account Manager
Photo of Rémy Verlyck

Rémy Verlyck

Credit, Guarantee and Political Risks Account Manager

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