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WORLD-CLASS INSURANCE FOR YOUR GLOBAL TRADE & SUPPLY CHAIN

Best-in-class brokered solutions partnered with S&P 'AA' &  A+' rated Global Insurers

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Here for you

Risks, situations and hedging requirements vary for each respective business and keep on evolving in today’s dynamic business, economic and political world. Our approach involves listening & understanding these clientele requirements, performing an in-depth risk analysis and aptly structuring customized insurance and reinsurance solutions that best befit our corporate clientele requirements.


We partner with world-class reputed specialist US & International Insurers & Reinsurers enjoying S&P 'A+' and above ratings. In collaboration with our Lloyd's of London broking office, the world’s oldest and most advanced centre of global insurance and reinsurance, we ensure that our clients are professionally advised and offered the best state-of-the-art bespoke insurance solutions.

Trade Credit, Structured Trade Finance & Supply Chain Insurance are our 3 core areas of specialty spanning our team's over 25 years of experience in developed and emerging global markets. It would be our immense pleasure to understand your business and structure bespoke solutions best managing your trade, finance & corporate risks. Let's start a dialogue today !

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OUR INSURANCE SOLUTIONS

A Personalized Approach to Your Insurance Needs - Delivering Customized Solutions !

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TRADE CREDIT & POLITICAL RISKS INSURANCE

Secure your Trade Receivables by insuring against risk of your Customer's Non-Payment due to Insolvency, Default or a host of Export & Political Risks involved in Domestic & International Trade. 
You also benefit from Credit Intelligence Information & Debt Collection Services by Insurers.

STRUCTURED TRADE FINANCE INSURANCE

We offer full range of Trade Finance Risk Transfer & Participation Insurance Solutions for Banks & FI's : Non Payment Insurance, Capital Relief Structures (Basel Compliant), Factoring (Portfolio / Specific Debtors), Structured Trade & Commodity Finance Insurance, BMRP Structures, Securitization, Country & Counter-party Bank LC Limits Insurance. All secured by S&P 'A+' & above rated insurers.

CARGO TRANSPORTATION & SUPPLY CHAIN INSURANCE

Offering world-class comprehensive "All Risks" insurance protection for your Transportation, Storage & Distribution risks involved in Domestic & International Trade. 
You immensely benefit from extremely Strong Underwriting Capabilities, Loss Control & Risk Management Advisory Services and World-Wide Claims Services.

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OUR INSURANCE SOLUTIONS

A Personalized Approach to Your Insurance Needs offering Customized Solutions

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ASSETS & BUSINESS INTERRUPTION INSURANCE

Comprehensive Risks Insurance for your domestic & global Assets, Inventories & Revenues against all Accidents, Natural Disasters, Man-made Events & ensuing Business Disruptions. Policies are arranged on Reinstatement Value Basis with adequate Indemnity Period offering you a sound financial protection.

LIABILITY INSURANCE

Protect your business with full spectrum of liability insurance solutions for risks arising from your business operations, products, services, professional & fiduciary obligations and management decisions. You are financially protected against liability court awards, out-of-court settlements and including legal and defense costs & expenses.

CYBER RISKS INSURANCE

Cyber Risks is reckoned as the single biggest systemic risk businesses are going to face over the coming year with costs estimates reaching US$ 6 trillion !
Our bespoke Cyber Insurance Solutions provide you comprehensive protection against liabilities & financial business disruption losses arising cyber attacks. Risk & Loss Control Management Services offered are an immense value add !

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TRADE CREDIT & POLITICAL RISKS INSURANCE

We offer a full spectrum of TCPRI solutions viz. 

  1. Whole Turnover / Buyers Portfolio TCI Policy

  2. Single / Multi / Select Buyers TCI Policy

  3. Principal Cover / Key Account TCI Policy

  4. Specific Transaction TCI Policy

  5. Specific Contract TCI Policy

  6. Pre-shipment Risk / Work in Progress TCI Policy

  7. Advance Supplier Payment Risk TCI Policy

  8. Excess of Loss (XOL) TCI Policy

  9. Catastrophe TCI Policy

  10. Top-up Credit Limits TCI Policy

  11. LC / SBLC Non-Honoring Risk TCI Policy

  12. CAD / DP TCI Policy

  13. War, Terrorism & Political Violence (WTPV) Policy

  14. Capital & Investments Protection Risks Insurance

Visit our specialty website to know more:

www.prudence-TCI.com

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TCPRI - RISKS COVERED

Our TCPRI solutions provide a comprehensive insurance protection against broad range of domestic & export credit risks viz. 

(1) Commercial risks of :

  • Insolvency &

  • Protracted default

(2) Export & Political risks such as :

  • War, Civil War, Terrorism, Rebellion, Coup d’etat etc.

  • Government Moratorium

  • Confiscation

  • Expropriation

  • Nationalization

  • Force Majeure

  • Natural Disasters

  • Contract frustration

  • Currency transfer difficulties,

  • Inconvertibility

  • Public Buyer Default

  • Pre-shipment Credit Risks

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STRUCTURED TRADE FINANCE INSURANCE

We offer a complete suite of Trade Finance Risk Hedging Solutions for Banks and Financial Institutions backed by strong S&P A+ & above rated specialist international insurers.

  1. Non-Payment Insurance (NPI) - including Basel II & III compliant Capital Relief solutions

  2. Trade Receivables Factoring Policy - Portfolio Cover and/or Select Obligor TR Portfolio Cover

  3. Single / Multi-Buyer Bank Factoring Policy

  4. Trade Receivables Securitization TCI Insurance

  5. Reverse Factoring or Purchase Factoring or Supply Chain Finance Trade Credit Insurance Policy

  6. LC / SBLC TCI Policy Country &/or Counter-party Credit Limits TCI policy

  7. Structured Trade & Commodity Finance Credit Insurance solutions

  8. Insurance - Bank Master Risk Participation (BMRP) Agreements

  9. Leasing / Securitization / Capital Markets Structures

  10. Confiscation, Expropriation, Nationalization, Deprivation (CEND) & Political Risks Insurance

Visit our specialty website to know more:

www.prudence-TCI.com

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GLOBAL CARGO & SUPPLY CHAIN INSURANCE

(1) CARGO TRANSPORTATION INSURANCE:

  • Cover for international & domestic cargo transportation.

  • Comprehensive All Risks Insurance coverage extended to cover risks of War & Allied perils, SRCC & Terrorism, Commodities Special Risks.

  • Bespoke solutions befitting your supply-chain requirements.

  • Underwriting Capacity upto US$ 100 Million per shipment offered by our international insuring partners enjoying solid S&P ‘A+’ and above ratings.

  • World-wide Claims Servicing infrastructure

  • Value-added Risk Management & Loss Control Services.

(2) STOCK THROUGH-PUT / STORAGE INS:

  • Our STP cover offers you a seamless insurance protection for your Supply Chain covering transportation, storage and distribution risks. 

  • Coverage for global stock storage and distribution locations including at ports and warehouses.

  • Insurance coverage structured on extended Cargo All Risks terms or Property All Risks terms with optional coverage for War, Terrorism & Political Violence risks.

  • Value-added Risk Management Services.

Visit our specialty website to know more:

www.prudence-CARGO.com

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CARGO LOGISTICS & FREIGHT FORWARDING INSURANCE

WE CATER TO ALL 3PL SECTORS :

  • Logistics Operators

  • Transport Operators

  • Forwarder's Cargo

  • Cargo Handling Facilities

  • Ship Operators

  • Ports & Terminals​

COMPREHENSIVELY INSURING KEY RISKS :

  • Liability for Cargo Loss/Damage

  • Third Party Liabilities including sudden & accidental pollution

  • Misdirection of Cargo costs

  • Property, Equipment & Business Interruption

  • Customer's Cargo Insurance Facility (Transportation & Warehousing risks)

  • Loss/Damage to owned or leased equipments

  • Loss/Damage to equipments, ships, aircrafts

  • Damage to berth & docks

  • Blockage of Port

  • Wreck Removal Costs

  • Disposal, Quarantine & Disinfection Costs

  • Investigation, Defense & Loss Mitigation Costs & Expenses

  • Political risks including War Risks on land for equipment

 

Visit our specialty website to know more:

www.prudence-CARGO.com

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CORPORATE ASSETS & REVENUES INSURANCE

WORLD-CLASS PROTECTION FOR YOUR BUSINESS :

  1. Property / Industrial All Risks Insurance  

  2. Business Interruption Insurance

  3. Contingent Business Interruption Insurance (Outsourced Operations, Supplier Dependency Risks, Key Customers Risks)         

  4. Deterioration of Stocks (DOS) Insurance

  5. Machinery Breakdown (MBD) & Loss of Profits Insurance 

  6. Cyber Risks Insurance

  7. Global Cargo & Stock-Throughput (STP) Cover Insurance

  8. War, Terrorism, Political Violence (WTPV) Insurance 

Assets are insured on Reinstatement Value Basis offering you apt financial protection to rebuild your business. 


RISKS COVERED: 

  1. Natural Disasters / Acts of God (AOG) perils such as earthquake, storm, tornado, lightning, flood, tsunami, hailstorm, land-slide, avalanche etc.

  2. Accidents such as fire, explosion, implosion, breakdown, catastrophic failure, power/voltage surge, transportation risks etc.

  3. Man-made perils burglary, robbery, malicious damage, arson, strikes, riots, civil commotions, cyber attack

  4. Political causes such as War, Civil War, Political uprising, Insurrection, Revolution, Rebellion, Coup, Mutiny, Terrorism, Sabotage. 

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LIABILITY INSURANCE

Protect your business with full spectrum of liability insurance solutions for risks arising from your business operations, products, services, professional & fiduciary obligations and management decisions. You are financially protected against liability court awards, out-of-court settlements and including legal and defense costs & expenses.

SOLUTIONS OFFERED:

  1. Professional & Tech Liability Insurance

  2. Commercial General Liability (CGL)

  3. Third Party /Public Liability Insurance

  4. Products Liability Insurance

  5. Completed Operations Liability Insurance

  6. Product Recall Liability Insurance

  7. Management Liability Insurance

  8. Director’s & Officer’s Liability Insurance

  9. IPO Liability Insurance

  10. Medical Malpractices Liability

  11. Hospitals & Clinical Negligence Liability Insurance

  12. Schools & Educational Institutions Liability Insurance

  13. Professional Indemnity Insurance

  14. Latent Defects and/or Decennial Liability Insurance 

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CYBER RISKS INSURANCE

Cyber Risks is reckoned as the single biggest systemic risk businesses are going to face over the coming year with costs estimates reaching US$ 6 trillion !

Our bespoke Cyber Insurance Solutions provide you comprehensive protection against liabilities & financial business disruption losses arising cyber attacks.

RISK EXPOSURES COVERED: 

  • Encryption ransomware extortion

  • Data breach by hackers

  • Other security failures / unauthorized access, Virus/Malware infections

  • Data breach due to employee negligence

  • Impersonation fraud

  • Denial of Service Attacks

  • Physical loss or theft of information assets

  • Other cyber extortions Legal / regulatory proceedings based on violation of data privacy regulations

  • System failure /outrage Business Interruption 

  • Credit Card Fraud

  • Financial Trojans

  • Phishing

  • Social Engineering

  • Mobile Fraud 

  • Disruptions / DDOS

  • Blackmailing

  • Bank2Bank Fraud, ATM/POS Attacks, Common Attacks 

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CYBER RISKS COVER

Our Cyber Insurance Solutions cover your:

(1) FIRST PARTY LOSSES:

  • Emergency Response Costs

  • Event Management Costs

  • Notification Costs

  • Monitoring Costs

  • Recovery Costs

  • Diverted Funds

  • Business Interruption Loss

  • E-Threat Response Costs

  • (2) LIABILITY EXPOSURES:

  • Damages

  • Regulatory Fines & Penalties

  • Defense Costs

  • Investigation Costs

OPTIONAL VALUE-ADD EXTENSIONS:

  • Contingent Business Interruption

  • Outrage Business Interruption

  • Post-attack Revamp Advice Costs

  • Network Usage Fraud

  • PCI Non-Compliance Additional Costs

  • Preventative Consulting Services

  • Goodwill Gestures

  • Individual ID Protection

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WHO WE ARE

PRUDENCE INSURANCE BROKERS L.L.C. is an international specialty insurance and reinsurance broker providing innovative customer-centric solutions specialized in area of TRADE CREDIT, TRADE FINANCE & SUPPLY CHAIN INSURANCE.


With our customer-focused and solution-oriented approach, we have the expertise and experience to understand, design and structure comprehensive multifaceted insurance solutions befitting risk requirements of our corporate clients across diversified industries and geographies.


Our affiliate UK entity, headquartered in London, is a Lloyds of London Broker, the centre of excellence for global insurance and reinsurance industry with a rich heritage of +300 years.


We partner with world-class financially solid S&P ‘AA’ & ‘A+’ rated US & international insurers and reinsurers to offer you state-of-the-art bespoke solutions best protecting your business and risk exposures.

CONTACT US FOR A BRIEF DIALOGUE !

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OUR SERVICES

PRUDENCE provides VALUE-ADDED insurance advisory and broking services to all our clients facilitating a lucid and holistic approach to manage risk exposures and arrange comprehensive insurance protection. A brief profile of our value added professional services include:

  • Identification, appraisal and analysis of organizational exposures from insurance and risk management perspectives

  • Advising a range of apt insurance solutions (Insurance policies and Insurance Companies) available locally, regionally and internationally fully complying with the local insurance law and regulations.

  • Designing comprehensive Corporate Insurance Program to best meet your organizational Risk Transfer requirements.

  • Advising on Asset Valuation issues from an insurance perspective under various insurance policies.

  • Advising on and drafting comprehensive Corporate Insurance Tender and Memorandum of Understanding on Service & Procedural Standards for our clients.

  • Inviting and analyzing competitive quotes from selected Insurance Companies on such well designed insurance program.

  • Recommending ‘Ideal’ potential Insurance Company(ies) to be considered for program placement decision by our client based on its financial security and credit rating standard, operational stability, specialization, serviceability and quote competitiveness.

  • Placing the Insurance Program and arranging requisite insurance policies from such Insurance Company(ies) finally selected by our client.

  • Synchronizing Global Corporate Insurance Programs and Policies (if any) of our client with Local and Primary Insurance Policies arranged in UAE to ensure apt overall insurance protection and compliance with local insurance laws and regulations.

  • Timely and comprehensive Renewal Management of your Insurance Program & Policies.

  • Regular monitoring, control, review and update of our client’s Insurance Program and Policies and Insurance Companies to ensure apt and adequate insurance protection with continuous value added services.

  • Claims management & advisory services in collaboration with our insuring partners to ensure apt and timely finalization of claims. 

  • Organizing periodical Customer Education Workshops & Seminars upon arranging insurance program and well before renewals to ensure comprehensive understanding on insurance protection at all management levels of the client.

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OUR APPROACH

Risks, situations and hedging requirements vary for each respective business and keep on evolving in today’s dynamic business, economic and political world.


Our approach involves listening & understanding these clientele requirements, performing an in-depth risk analysis and aptly structure, place & service customized insurance solutions with solid AA & A+ rated Global Insurers that best befit our client requirements.

Our 5 Core Fundamental Values are :

  1. Empathetic

  2. Professional Integrity

  3. Solution Oriented

  4. Honest Advice

  5. Sustainable Relationships

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GET IN TOUCH

Contact PRUDENCE INSURANCE BROKERS LLC today! We want to take care of you and have the expertise to do so. Let us know what your specific needs are and we’ll compile the best insurance package suited to you.

101 Second Street, Suite 2200, San Francisco, CA 94105-3668

+1.415.900.8772

+1.415.900.8797

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