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Political Risk Insurance

Rising nationalism and protectionism and political/socioeconomic instability in various parts of the world have increased the demand for solutions to mitigate risks that could cause losses to organizations conducting business overseas. The present or new government may seize the property of foreign interests without compensation in such a politically unstable climate. In addition, an insured may deliver a product or service for which the buyer refuses to pay, betting that the seller cannot enforce the contract.

Political Risk insurance powered by GMG Underwriters, a Tangram division, helps protect an organization’s assets and financial interests from losses due to specified political risks.

Who We Protect

  • Manufacturers
  • Wholesalers
  • Educational Institutions (Colleges/Universities, K-12 public, private and charter schools)
  • Non-Governmental Organizations and Non-Profits
  • Churches and Mission Groups
  • Consulting Services
  • Artisan Contractors
  • Engineers

What’s Covered

  • Contract Frustration following political events
  • Confiscation, Expropriation, Nationalization by the host government
  • Seizure, requisition or willful destruction by the host government
  • Deprivation
  • Trade Credit
  • Forced Abandonment
  • Currency Inconvertibility
  • Political Terrorism
  • On-demand Calling of Bonds

Applications

International Package Application

Please complete the application and send to: operations@tangramins.com.

Our Program Team

Our staff is ready to help you with underwriting and marketing support.

Marketing Resources

We’ve created at-an-glance flyer for our International Insurance program you can share with your staff as well as a Tangram Program Guide for an overview of all our programs and products.

International Insurance Program

Tangram Program Guide

Additional information is available here:

Program Footprint

Where We Are

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Ready to Learn More?

Located across the Golden Gate Bridge, just outside of San Francisco, Tangram is a full-service Managing General Underwriter and Program Manager offering specialty programs. We focus on industry-relevant coverage, competitive pricing, and practical business and risk management solutions for your clients. Since we are not all things to all people, we make sure to create outstanding custom-built solutions that matter to those businesses, and the brokers who serve those industries.

Every day we work on making life easier for you. Whether it’s the submission process, delivering quotes, or servicing accounts – we are determined to break new ground. We are constantly building so we can constantly help you build.

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HOW CAN WE HELP YOU?

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