Why Choose FCIA?
With more than six decades of service, FCIA’s experienced team of credit underwriters have a proven track record in delivering tailored trade credit insurance and political risk solutions to address the needs of companies and financial institutions involved in global trade.
Trade Credit Insurance Products
FCIA's Trade Credit Insurance protects your company against nonpayment risks, whether from commercial or political events. It covers both domestic and international sales, with flexible options for multibuyer portfolios, key accounts, or single buyers. Specialty coverages are available for unique contracts. Short-term repayment terms up to one year and medium-term terms up to seven years are also offered.

Political Risk Insurance
Operating in foreign countries, especially in emerging markets, can expose your company to additional risks related to unpredictable foreign government acts or political events. FCIA offers an array of political risks coverages that can help protect your investment in foreign countries. These policies insure against losses due to named political events related to equity investments, shareholder loans and fixed and mobile assets.
Products for Companies and Financial Institutions:
- Domestic or Export
- Multibuyer or single buyer policies
- Whole turnover
- Key Accounts
- Medium Term Single Buyer Policy
- Non-Delivery of Goods and Non-refund of Advance Payments Policy
- Contract Frustration Policy
- Coverage for Capital Leases
- Other Customized Trade Policies
- Receivables Purchase Policy (multibuyer or single buyer)
- Payables Financing Policy
- Letter of Credit Policy
- Import Financing
- Export/ Pre-export Financing
- Specified political risk coverage
- Confiscation, Expropriation
- Nationalization
- Other agreed named perils
- Equity Investments
- Permanent & Mobile Assets
- Shareholders Loans
*Policies may be cancelled for non-payment of premiums.
Trade Credit Insurance Frequently Asked Questions
Trade credit insurance (TCI) is your businesses safety net, protecting against non-payment risks, ensuring steady cash flow, empowering confident credit management, securing better financing terms, and unlocking growth opportunities in new markets.
Trade credit insurance (TCI) is purchased by manufacturers, wholesalers, distributors, exporters, service providers, and financial institutions to protect against non-payment risks, ensure financial stability, manage credit risk, and support business growth.
The cost of trade credit insurance varies based on factors such as industry and business size, coverage amount, reapayment terms vs policy terms, the creditworthiness of buyers, and the country spread of risk in the portfolio of the coverage.

Agriculture Case Study
Green Agricultural Products Company has seen its export sales begin to contract due to price fluctuations and competition offering extended repayment terms.
- Price fluctuations make it hard to project sales, and management is uncomfortable with extending longer terms.
- The salesforce would like to enter new markets and sell to new customers but is concerned about the new risk profile.
A Pay-As-You-Go Trade Credit Insurance Policy was implemented. Due to the policy structure, the premium is paid based on actual monthly shipments in arrears.
- Extended Repayment Terms: Management agreed to offer longer repayment terms to existing customers and explore new markets.
- Enhanced Coverage: The policy provides 95% indemnity, enabling the company to secure financing on more favorable terms.
- Cost Efficiency: Paying the premium based on actual shipments prevented premium overpayment, resulting in significant savings for the company.

Energy Company Case Study
A global energy company, aimed to expand into emerging markets but faced risks of non-payment by foreign customers.
- Customers in international markets pose varying nonpayment risks influenced by their unique commercial and geopolitical environment.
- Bank is not comfortable with including the international sales in the borrowing base.
A Non-Cancelable Limits Policy is implemented which also helped secure financing to support the international expansion. The buyer limits are locked in for the term of the policy.
- Increased Sales: Extended favorable credit terms to overseas customers, boosting sales.
- Financial Stability: Reduced bad debt risk and ensured steady cash flow.
- Confidence in Expansion: Enabled entry into high-risk markets with protected receivables and secure financing for the necessary working capital for growth.
Major Country Risk Developments
FCIA publishes a monthly paper, FCIA Major Country Risk Developments. It offers economic and political intelligence compiled and interpreted by Byron Shoulton, FCIA's International Economist. It provides FCIA's views on trade related developments as well as the political risks associated with the countries being reviewed. The paper is updated monthly and is distributed to FCIA policyholders, brokers, loss payees, and other interested parties.
Financial Strength You Can Count On
When you buy insurance, you are buying the promise that an insurance carrier can meet its obligation to you. See why you can count on us to keep our promise to you.