Bringing true competition
to Israel's trade credit
& political risk
insurance market
The only Israeli brokerage firm specializing in trade credit and political risk insurance - working with the leading international and Israeli insurance companies
A variety of alternatives, tailored to your business reality
The broadest coverage under the best commercial terms
Extensive support in implementation and ongoing operations
Highly relevant for both first timers and companies looking to optimize their current trade credit programs
In today’s volatile reality, non-payment, liquidity and investment risks are higher than ever. As such, more than ever, trade credit insurance becomes a standard corporate business practice, for manufacturers, service providers, SaaS businesses and others. An effective trade credit insurance program enables business continuity, stability and growth.
The TCS team of professionals is highly experienced in managing commercial credit risks from both the insurer and customer perspectives. This means you will benefit from a unique and extensive view of your market and industry, as well as a personalized solution tailored to your specific needs and challenges.
After studying your specific needs, we will provide several alternatives for possible solutions and implementation. Our level of involvement in the implementation phase will be determined by you, and can include building processes and procedures or fully managing the ongoing credit insurance program, including:
- Examination of existing credit insurance solutions, and credit guidelines / procedures.
- Documentation of credit management activities and progressing to standard practices and recommended work methods.
Our process includes both interviews and qualitative data analysis. We extract data from the company’s and insurers’ systems; data analysis includes quality and efficiency indices calculation, historical trend analysis, and alignment with market expectations.
Based on this analysis, we define controls, improvement plans for the immediate, medium, and long term, and the most appropriate insurers and credit insurance programs.
We accompany our clients during ongoing discussions with insurers
We bring our extensive experience to the ongoing discussions we hold with insurers regarding partial decisions/refusals/claims handling, making sure our customers maximize their level of coverage over time.
Supporting clients throughout all stages of the program
We closely accompany our customers throughout the entire program implementation and operation phase, constantly monitoring the status of the policy, and compliance with the terms and conditions of the policy to ensure optimal implementation of the credit insurance plan.
We recommend and implement internal credit rating models
We are also experienced with designing and implementing internal credit rating models, and we offer guidance in designing and updating such models to match the ever-changing business reality.
A variety of perils may be structured as part of political risks, supporting our clients – banks & corporates, in covering the risks associated with international trade as well as protecting their
investments against sovereign related risks in challenging markets.
Our solutions are specifically designed for banks and financial institutions, as part of both risk mitigation and regulatory capital relief.
CONTRACT FRUSTRATION
- Comprehensive non-payment insurance, covering default by public (sovereign/sub-sovereign) and private obligors, protecting exposure to both commercial and political risks, including Pre-Shipment costs;
- Non honoring of Sovereign guarantees (typically MoF’s)
- Non honoring of Letters of Credit
- License cancellation
- These can be supported by both buyer’s & supplier’s credit structures, as well as forfaiting transactions.
PROTECTION OF INVESTMENT / FIXED ASSETS
- CEN – Confiscation, Expropriation & Nationalization
- Political Violence against client’s fixed assets or equity investments
- Business interruption & Currency Inconvertibility
UNFAIR/FAIR CALL – CONTRACT BONDS AND OTHERS
ABOUT
US
Our mission
Founded in 2010, TCS is Israel’s first brokerage firm exclusively dedicated to Trade Credit and Political Risks Insurance. Our clients enjoy our vast international knowledge and expertise in various industries and financial sectors.
We have a successful track record managing relationships with global credit insurers, reinsurers, and brokers, providing highly customized solutions that meet the specific needs of each of our clients.
Our unique approach involves offering a wide range of products, structures, and solutions, while working with world’s leading trade credit carriers. This allows us to provide a tailor-made, winning proposition for each customer in terms of cost, coverage and ongoing operations.
CONTACT US
Inquiries
For any inquiries, questions or commendations,
please call: +972.52.2623088
or fill out the following form
Head Office
4 Dolev Street
Ra'anana, Israel 4366204
