At CSI International Specialty Brokers, we understand that every business is unique and as such their business solutions have to be tailored and focused towards what makes them different. Towards this end, we provide intelligent comprehensive solutions that match each client’s complex risks exposures. No matter what our clients’ requirements are, we have the capabilities and flexibility to design and deliver solutions that works for them.
Business Solution
Facultative Reinsurance
Facultative reinsurance offers insurers the freedom and flexibility to cede risk based on their overall risk management strategies. It is commonly used for large, catastrophic or unusual risks that do not normally fit within standard reinsurance treaties due to their exclusions. At CSI International Specialty Brokers, our facultative reinsurance solutions are not only tailored to your needs, but are backed by creative solutions and superior client service.
Surety Bonds
Surety bonds are typically used to safeguard against contracts from future insecurity and risk. To this effect, surety bonds are designed to provide independent security to customers against losses or damages suffered as a result of their contractors or suppliers breaching their contractual obligations. Although surety bonds are most commonly found in the construction industry, they are increasingly used for a broad range of contract types including residential, commercial, industrial, civil, engineering and mining. At CSI International Specialty Brokers, we understand that surety coverage is not a one-size-fits-all solution. That is why we offer innovative and tailored surety bonds solutions and specialist advice to suit your business’s unique needs.
Credit & Political Risk
According to research by Citigroup, the world is 54% more geopolitically active today than it was before the financial crisis of 2008. Against the backdrop of heightened geopolitical tensions and fragile global economy, businesses are now more than ever seeking alternatives for managing and mitigating credit and political risks. CSI International Specialty Brokers offers trade credit and political risk insurance to help companies facilitate international trade and investment. Trade credit insurance protects against non-payment brought about by credit risks such as default, insolvency or bankruptcy. Political risk insurance, on the other hand, protects against non-payment due to exposure to political force majeure events such as acts of terrorism and war and other political violence. It also covers the risk that payment cannot be made due to actions by a foreign government.
Contingency Insurance
Contingency insurance offers protection against possible economic losses due to unexpected events, natural disasters or other factors which could impact revenues associated with an event. CSI International Specialty Brokers provides contingency insurance against business interruption, event cancellation, non-appearance, prize indemnity, natural disasters and weather coverage, as well as death and disgrace. Each contingency insurance policy is individually designed to the specific needs of our clients.
