Euler Hermes sets up political and trade risk insurance team
Euler Hermes is expanding its services in Asia Pacific with the addition of a specialised single risk and political risk insurance team based in Singapore.
“We’ve extended the reach of our transactional cover policies to Asia Pacific to help large clients in the region take advantage of attractive opportunities in both mature and emerging markets,” said Fabrice Desnos, head of Euler Hermes Asia Pacific.
Euler Hermes transactional cover offers a full range of credit insurance products, including non-payment, political risks, interruption of trade, debtor insolvency, and bonds. The Asia Pacific transactional cover team is part of Euler Hermes World Agency – dedicated to banks and large multinational clients – and complements existing Europe and US regional services.