Companies engaged in international trade of goods often use trade credit insurance to protect the receivables involved in their transactions from credit risks such as non-payment of goods, invoices and other debts. When working across international jurisdictions with new suppliers, these risks can be exacerbated. As such, trade credit insurance helps protect and mitigate risk for exporters of credit loss and non-payment.

Political risk insurance is a specialist type of insurance which provides financial protection to investors and businesses in the event of losses incurred as a result of action by a government against them, or by events deemed “political” in nature. Simple political risk insurance protects against direct government activity which proves harmful, such as intervention against a business to expropriate or nationalise assets owned by that business in their territory, or refusal to convert or repatriate local currency. More complex political risk products can insure companies against losses incurred by more general political events, such as political violence, civil wars, or sovereign debt defaults.