Single Risk
The bank supports producers and traders across many sectors, including soft commodities, mining, metals and energy, with a clear focus on ESG topics. We are committed to implementing new solutions to more closely align our financing portfolio with the Paris Agreement on climate change mitigation, while helping our commodities clients grow and transform their businesses. Given Credendo’s deep experience in commodities and project financing structures, and longstanding partnership with Natixis CIB, it is a reliable insurer with whom to share risks and support the development of our trade and project finance activities in the context of the global energy transition.
Aude Marcot, Head of Credit Insurance at Natixis Corporate & Investment Banking
Product benefits
- Protect your balance sheet and corporate earnings
- Expand trade internationally and enhance your global presence
- Leverage your borrowing capacity
Main characteristics
- Insurance policies are not cancellable
- Insurance policies are renewable
- Combined coverage against non-performance, payment default and bankruptcy
- Up to 7 years’ coverage
- Strong security with A- rating by S&P Global Ratings
With a full spectrum of insurance products adaptable to your specific needs, Credendo – Guarantees & Speciality Risks will enable you to win new markets around the globe, even into the most challenging and remote regions you had, once, thought were out-of-reach.
You have signed a commercial contract with a foreign buyer, supplier, which is a private or public entity; you will be undertaking a project overseas; you have assets located overseas you wish to cover, we can help you by insuring your single contract against the full spectrum of political and commercial risks associated with doing business overseas.
Our bespoke insurance will provide comprehensive and innovative solutions to the specific risks your business is exposed to.
Why Credendo?
- Our team of underwriters specialises in emerging markets and are recognized for tailoring innovative coverage schemes for all complex cross-border operations.
- Our network of partners in key regions can help to obtain better information and additional capacity, and mitigate risk in the event of potential claims.
- We are a member of all the appropriate international professional institutions, including the ICISA, the AMAN Union. Our goal is to promote knowledge about our industry and improve the quality standards of trade insurance products.