Traditional Line Insurance: Generally limited to short term exposures to traditionally defined asset and/or liability risks and exposures.

Property Property/Business Interruption Builder's Risk Marine Transit/Storage

Casualty General Liability Excess/Umbrellas

Specialty Line Insurance: Unique areas of coverage generally designed to focus on specific business, contract and/or financial risks; i.e.:

• Contingency Insurance; i.e. Financial Loss/Specifically Identified Risks & Exposures
• Trade Disruption; i.e. Financial Loss//Supply Chain Disruption
• Force Majeure: i.e. Financial Loss/Acts of God, Change in Law
• Efficacy Insurance; i.e. Financial Loss/Performance Risk
• Liquidated Damages; i.e. Financial Loss/Delay Risk
• Residual Value : i.e. Financial Loss/Asset Value
• Political Risk; i.e. Financial Loss/Political Perils
• Credit Insurance; i.e., Financial Loss/Commercial Default/Insolvency

Financial Insurance: Either guarantee or credit enhance the performance and/or debt service obligations of the borrower.

• Monoline Insurance Providers:  Financial Guarantees
• Govn't Sponsored Programs:  ECAs, RDBs, Etc.
• Surety/Bond Providers:  Bid/Performance Bond Guarantees

Banking & Finance: A successful financial structure and its pricing are generally secured on the balance of three (3) contributing and interrelated components:

• Perceived Risk
• Debt/Equity Ratio
• Term

In today’s market, Commercial & Investment Bankers now clearly acknowledge the need for supporting insurance /credit enhancement as a necessary compliment to their financial structures.