Political Risk/Terrorism Insurance
Political risks arise from the actions or inactions of governments throughout the world. These actions may prevent a company from gaining access to its assets, prevent a company from performing its duties in relation to a specific contract, result in non payment of debt, affect the repayment of loans to lenders, or could result in exchange problems due to currency devaluations.
Gennaker specialises in the provision of political risk insurance where new democracies or transitional governments have made it difficult for traditional insurance companies to offer cover.
In addition, Gennaker retains close links with specialists who can help assess and mitigate the threat of terrorism. This enables parties to add this form of cover to an existing property schedule where other markets are unwilling or unable to offer this form of protection. |
Gennaker Insurance Company Limited
Wellesley House South Second Floor
90 Pitts Bay Road
Pembroke, HM08, Bermuda
t: +441 295 0854
f: +441 295 0862
e: info@gennaker.com |
