Protects investors, lenders and contractors against political risks that may occur in Arab countries hosting their investments or projects
Protects exporters against the risk of default of payment of an importer/a local buyer/a payment obligor due to credit or political risk occurrence
Protects Financial Institutions against risks of default of payment due to credit or political risks occurrence in Arab countries
Offers bespoke solutions in the field of credit & political risks insurance that meet the various needs of the Brokers’ customers.
Offering additional underwriting capacities to Export Credit Agencies and insurance companies by re-insuring or co-insuring credit and political risks
The policy covers revolving export credits granted to multiple importers from several countries for a period not exceeding 360 days. Both credit and political risks are insured for export transactions. As a complementary service to insured exporters, risks of default of payment of local buyers are insured by Dhaman where only credit risks are covered. The policy period is one year, automatically renewed.
up to 90% of the incurred loss is disbursed to the insured exporter in case of risks materialization.
The exporter submits the identification form to enable Dhaman prepare the IQ
Dhaman provides the exporter with an insurance quotation detailing the scope of cover and the pricing
Acceptance of quotation /policy signature/premium payment
Declaration of shipments to approved buyers on a monthly basis
Declaration of default of payment/Compensation disbursement/Collection from the defaulting obligor
Nabil Bitar, Operations Officer