WE SPECIALISE IN CREDIT AND POLITICAL RISK INSURANCE
If you provide credit, export or invest overseas, or trade commodities around the world, there’s always the risk that borrowers, customers or counterparties won’t meet their contractual obligations. It could be for any reason – even a political event that’s beyond the counterparty’s control.
As a global insurance broker, Texel specialises in documentation that safeguards you against the unforeseen.
We know how to protect you, who best to ask for the right protection, how to document this protection and what it takes to connect the parties. Relationships are the mainstay of our business and help us offer the best possible advice and support, every time.
Who we help
We develop innovative non-payment insurance solutions for financial institutions, corporations and commodity traders and work closely with our industry partners to bring together the right combination of insurance products for our clients.
Markets we work in
Offices in London, Brussels, New York, Los Angeles, and Singapore give us global reach and access to the major insurance markets of Europe, North America and Asia Pacific.
All the insurers we work with have a credit rating of A- and above.
Claims
Texel handles every claim in close partnership with our in-house legal counsel and client relationship teams.
By carefully documenting the risk and understanding the underlying transaction, we are always in the strongest position to ensure claims are settled in full and on time.
*Source: Independent Broker Survey published April 2020 as a follow up to the Lloyd’s Market Association and International Underwriting Association Survey commissioned in 2017.