call us: 877-476-6411

USA Products

Political Risk & Terrorism Insurance

Ironshore Political Risk® products are organized around the international and domestic trade flows and foreign investment strategies of our client.

Internationally and domestically domiciled manufacturing and trading companies and financial institutions should benefit from our flexible underwriting guidelines and availability of country limits. Traditional failure to pay insurance coverage is available on private obligors as well as public sector sovereign and non-sovereign entities. On the political risk side, currency inconvertibility and non-transfer risk, confiscation, expropriation, nationalization and deprivation insurance are several of the perils that Ironshore will consider.


Failure To Pay Insurance

Also known as "accounts receivable" insurance. This product is organized to insure valid and enforceable debt obligations against the risk of non-payment which arise from the sale or financing of trade transactions. Coverage is available to insureds based in the U.S. or throughout many international countries. Ironshore considers trade transactions on a single buyer, multi-buyer, key account or spread of risk basis.

  • Financial institutions may leverage various financing strategies including, but not limited to, the confirmation and refinancing of letters of credit, bi-lateral trade loans, participation in international syndications, supply chain financing, pre-export financing, prepayment of an export, etc.
  • Can be underwritten on a comprehensive coverage basis including protracted default, unless otherwise agreed. Ironshore's Failure To Pay Insurance is organized to cover private sector obligors as well as Public Sector Sovereign or Non-Sovereign obligors and can be underwritten utilizing co-insurance, a deductible, or a combination of both. Our country limits will be restricted to those countries approved by the U.S. government. Applications processed through Ironshore must also comply with our internal policies and procedures involving OFAC, KYC and AML guidelines.
  • Limits $40M per obligor, tenor up to 5 years
Marketing Material
Political Risk Insurance

Ironshore's Political Risk Insurance is available to assist manufacturing companies and financial institutions in managing the unforeseen obstacles of doing business internationally. Ironshore Political Risk insurance provides a range of policy structures specifically organized to cover the following perils:

  • Financial institutions may leverage various financing strategies including, but not limited to, the confirmation and refinancing of letters of credit, bi-lateral trade loans, participation in international syndications, supply chain financing, pre-export financing, prepayment of an export, etc.
  • Can be underwritten on a comprehensive coverage basis including protracted default, unless otherwise agreed. Ironshore's Failure To Pay Insurance is organized to cover private sector obligors as well as Public Sector Sovereign or Non-Sovereign obligors and can be underwritten utilizing co-insurance, a deductible, or a combination of both. Our country limits will be restricted to those countries approved by the U.S. government. Applications processed through Ironshore must also comply with our internal policies and procedures involving OFAC, KYC and AML guidelines.
  • Limits $40M per obligor, tenor up to 5 years
Marketing Material
Confiscation, Expropriation, Nationalization & Deprivation (CEND)

CEND insurance is designed to protect businesses with an ownership interest in property abroad. Simply stated, confiscation and expropriation occurs when a host country seizes a company's development rights, its facilities and/or its inventories for the host country's own use. Nationalization occurs when the host government expropriates property and hands the assets to a state-owned entity. Deprivation occurs when the host country prevents the use of assets.

CEND policies can be customized to address specific transaction structures. Whether the insured is a business owner with foreign assets or a financial institution engaged in a project finance, Ironshore is open to evaluating existing or new projects.

  • Limits $40M, tenor up to 5 years
Currency Inconvertibility & Non-Transfer Risk (CI)

CI insurance is designed to protect against excessive delays in acquiring foreign exchange caused by a host government's action or failure to act due to adverse changes in exchange control laws or regulations and by deterioration in conditions governing the remittance of local currency. CI insurance does not protect the insured against devaluations of a country's currency.



  • CI policies can be customized to cover principal and interest payments, repatriation of dividends or capital, inter-company fees and similiar remittances due on insured investments
  • Limits $40M, tenor up to 5 years
War and Political Violence Insurance

Ironshore offers war, political violence and stand-alone terrorism insurance to U.S.- based companies with exposures in the U.S. and worldwide.

  • Limits are offered up to $25M