As the situation in Ukraine evolves, businesses should be mindful of potential risks to their people, assets, operations, or supply chains in the region and globally. Marsh, as part of the Marsh McLennan family of companies, has created a page with information, tools, and resources related to the Russia-Ukraine conflict. Please visit the page for the latest information.
Our Trade Credit Practice delivers solutions to help manage the risks of receivables and a wide range of other trade finance issues—regardless of the day’s headlines.
Protecting a company’s commercial accounts receivables from unexpected and catastrophic losses, trade credit insurance has gained tremendous momentum.
Commercial Risks
Claim triggers include insolvency (Chapter 7 or Chapter 11 bankruptcy), and protracted default-non-payment within a specified time after due date.
Political risks
This includes transfer risk (political/economic events preventing or delaying transfer of payments), government moratorium (government decision preventing release of funds), contract frustration (decision preventing performance of the contract), and civil turmoil (insurrection, war, and natural disasters).