Political risk and trade credit insurance

We advise the world’s leading political risk and credit insurers on claims, underwriting, product development, regulation and subrogated recoveries worldwide.

We are leaders in this specialist class of business, drawing not only on legal knowledge and upon our deep understanding of the practices, history, and relationships in the London Market.

At the underwriting phase we work closely with underwriters to negotiate policy wordings, and to advise on the regulatory issues worldwide.

When claims arise our philosophy is always to provide clear and thorough advice at an early stage.

Should disputes arise we robustly defend our clients in arbitration or litigation wherever in the world that is necessary.

Our lawyers

The team is led by Andrew Tobin, a leading specialist in credit and political risk insurance, with the assistance of a team of very experienced principal associates and associates.

Our experience

Successfully defend confiscation, expropriation, nationalisation deprivation (“CEND”) claim; solar farm, India.
Successfully acting for political violence reinsurers in Hamilton v Afghan Global and others [2024] EWHC 1426, which discussed key differences between political risk and political violence insurance.
Successfully defend CEND claim, grain silos, Central Asia
Successfully defend trade credit insurance claim, heavy plant delivery to Central America
Protected clients facing multiple banking default claims arising from global financial crisis of 2008 etc
Successfully avoided pre-export finance policy for non-disclosure of material facts (soya)
Successfully defending travel industry bond insurers
Helping underwriters negotiate critical wordings and endorsements
Pursue subrogation against state for non-honouring guarantee
Defending political violence claims worldwide, including the Thailand Riots of 2008, Arab Spring, Mexico Petrol Riots of 2017, Chile riots 2019, Civil War in Yemen, Evacuation of Afghanistan 2019.

Our clients

Multiple Lloyd’s Syndicates

Legal resources you may find useful

Our political risk team complements well with our political violence team. Click here to read more.

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What our clients say...

Andrew Tobin is an authority on political risk, trade credit and political violence matters.

Andrew is very personable and easy to work with...He is very responsive and makes himself available at short notice, and I’m confident of obtaining the best possible outcome on anything he’s involved with.