Our non-payment insurance solutions can:
- Protect your balance sheet, cash flow, and profitability
- De-risk operations in emerging or politically unstable markets
- Enhance trade finance access and pricing
- Unlock growth opportunities by enabling competitive payment terms
- Strengthen supplier relationships with pre-payment protection
Areas covered
Commercial risk protection:
- Buyer non-payment (public or private)
- Buyer’s non-honouring of contractual obligations
- Non-delivery risk on pre-paid transactions
Political risk protection:
- Frustration of contract due to political events
- Currency inconvertibility and transfer restrictions
- Failure to honour arbitral awards or court judgments
- Fair and unfair calling of on-demand bonds (bid, advance payment, performance, warranty)
Who we serve
Our clients span a wide range of sectors and industries, including:
- Exporters and importers seeking to secure receivables across borders
- Project contractors looking to protect bond exposures and delivery obligations
- Commodity traders requiring payment and delivery security across volatile jurisdictions
Claims support you can rely on
WTW’s dedicated claims team brings deep expertise and global advocacy when it matters most:
- Over $1 billion in settled credit and political risk claims since 2008
- Expertise navigating complex, multi-jurisdictional claims
- Proven ability to unlock value swiftly for clients in critical times
Why Willis
- Multidisciplinary expertise: Our team includes professionals from banking, law, underwriting, and broking
- Innovation track record: Willis pioneered the first political risk captive and Basel II-compliant policy wording
- Global market access: Offices in London, New York, and Singapore connect us with over 60 insurance markets
- Independent advice: Our single P&L structure ensures recommendations are always client-first
The experience and expertise of our people distinguish us from our competitors. We recognize the power of thinking differently and so our people come from diverse backgrounds including banking, legal insurance broking and underwriting.
We have a reputation for innovation – we developed the first political risk captive and the first Basel II compliant wording and continue to adapt our products to meet the needs of our clients.
We have hubs in New York, London and Singapore that give us real-time access to the more than 60 insurance markets operating globally. Working from a single profit-and-loss account our clients can be confident that the insurers we recommend are chosen solely on the merits of what they can offer.
