Faith is the bridge
between where we are
and where we want to go.
services
Tailored
Trade Credit
Insurance solutions
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.
Implementation,
Support & Claims
Handling
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.
POLITICAL RISK & STRUCTURED CREDIT
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.
Tailored Trade Credit
Insurance solutions
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.
Implementation, Support &
Claims Handling
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 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.
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.
POLITICAL RISK
& STRUCTURED CREDIT
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 sovereign/sub-sovereign obligors, protecting the credit risk, including Pre-Shipment costs:
- Non honoring of Sovereign guarantees (typically MoF’s).
- Non honoring of Letters of Credit.
- Non honoring of promissory notes issued by private obligors in medium term transactions.
- These can be supported by both buyer’s & supplier’s credit structures,
PROTECTION OF INVESTMENT / FIXED ASSETS:
- CEN – Confiscation, Expropriation & Nationalization.
- PV – Political Violence against client’s fixed assets or equity investments.
- CI – Currency Inconvertibility.
- UNFAIR/FAIR CALL (due to the occurrence of political risks only) of Bonds/Guarantees – including import/export license cancellation.
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
