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Export risk insurance will attract Russian and foreign companies, practicing the trade credit granting in their work with foreign counterparties. Considerable experience of Belgian state agency Delcredere | Ducroire in export insurance and exceptional assessment of Russian market, typical for Ingosstrakh company, allows Ingosstrakh onDD Credit Insurance to offer the widest range of services under export credit insurance.
In addition to export commercial risks insurance Ingosstrakh onDD Credit Insurance offers different variants of insurance coverage against political risks. Such instrument permits to protect from risks appeared as a result of: currency non-conversion, licence recall, imposing of an embargo and other similar events, occurring in the country of registration of the foreign counteragent.
Necessity to cover against credit risks appears not only while dealing with short-term commercial loans, selling consumer goods, but also in course of equipment delivery contracts implementation as a part of investment or reconstruction project. At the same time both parties may put their assets under the risk- a supplier, selling equipment on terms of delay of payment, as well as a customer, havin paid in advance. Ingosstrakh onDD Credit Insurance offers coverage against such risks in short-term and medium-term (up to 3 years) period (insurance of single risks).