Alternative Credit Insurance

Our alternative credit insurance team at Willis, a WTW business, provides structured credit insurance solutions tailored to meet the needs of:

• Non-bank financial institutions
• Funds (with a focus on private credit)
  • General partners, and
  • Limited partners (including NAIC & Solvency II Regulated Investors)
• Banks (in collaboration with our Financial Institutions coverage team)

Key benefits of our tailored credit insurance solutions

Credit risk insurance protects against the non-payment of a financial obligation by an obligor pursuant to the terms of a loan, note, bond or derivative.

Benefits to the purchaser/insured include one or more of the following:

• Mitigation of credit risk on a confidential basis (not disclosed to obligor)
• Enhancement of risk adjusted returns
• Optimization of economic and/or regulatory capital
• Management of limits (obligor, sector, geography)
• Expansion of risk distribution end markets
• Discrete partnership

Solutions can insure a single exposure, as well as pools and portfolios on a vertical or horizontal tranched basis. Insurers are typically rated from A- to AA and are diversified property and casualty insurers and reinsurers.

Insurable risks

Our alternative credit risk insurance solutions cover a broad spectrum of industries, asset classes and markets including:

Why Willis

We offer a full suite of services to support your alternative credit insurance needs, including:

• Structuring: Customized insurance structures to fit your specific requirements
• Distribution: Efficient distribution of insurance products to the right markets
• Servicing: Ongoing support and management of your insurance policies
• Market intelligence: In-depth market analysis and insights to inform your decisions
• Insurer onboarding: Streamlined onboarding of insurers
• Ongoing administration: Continuous administration and monitoring of insurance policies
• Claims handling: Specialist assistance in the claims process to ensure timely and effective resolution

Willis Credit Risk Solutions is made up of 275+ specialists in 35 countries, with extensive experience in credit risk underwriting, legal, portfolio management, capital markets, commercial and investment banking, and trading.

For more information on how we can help you manage and mitigate credit risk, please contact our team.