Credit Insurance International Risk Management

Credit Insurance International Risk Management, Inc. (CII) was founded in 1991 by Joel Berman, an industry expert with over 40 years of experience in credit insurance. With a Bachelor's Degree in Business Administration from Bernard Baruch College of the City University of New York, Joel has a deep understanding of the financial markets and the importance of credit insurance.

Throughout his career, Joel has recognized the need for innovative solutions to help clients navigate the complexities of international trade and finance. As an independent broker, CII has access to a wide range of insurance markets, allowing us to tailor our services to meet the unique needs of each client. Our expertise in credit insurance has established us as a trusted partner in the industry.

Services

Credit insurance is a vital component of any financial package, providing collateral enhancement and facilitating mutually beneficial relationships between lenders and borrowers. At CII, we offer a range of services designed to mitigate risk and protect our clients' assets. These services include:

• Domestic Credit Insurance: Our domestic credit insurance policies provide coverage for accounts receivable, covering both insolvency and delinquency on domestic sales.
• International Credit Insurance: Our international credit insurance policies offer coverage for accounts receivable, covering both insolvency and delinquency on international sales, as well as political risks such as confiscation, nationalization, contract frustration, currency conversion, and repatriation of dollars.
• Special Inventory Protection Endorsement: This endorsement permits the filing of claims against insolvent debtors in situations where goods of a custom nature have been made or imported.
• Letter of Credit Insurance: Our letter of credit insurance policies provide coverage for letters of credit, ensuring that sellers can secure payment for their goods.
• Political Risk Insurance: Our political risk insurance policies provide coverage for assets located overseas, protecting against risks such as political unrest, war, and expropriation.

Providers

As an independent broker, CII has access to a wide range of insurance markets, including:

• ACE Global Markets
• American International Group (AIG)
• Atradius
• Chubb Group of Insurance Companies
• Coface North America
• Euler-Hermes American Credit Indemnity Company
• EXIM Export Import Bank of the US
• FCIA Management Company, a subsidiary of Great American Insurance Company of Cincinnati
• Houston Casualty Company
• QBE Insurance Corporation
• Sovereign Risk Insurance, Ltd.
• Unistrat Corporation of America
• Zurich Emerging Markets Solutions

For further information, please contact Joel Berman at 631-265-6570 or joelberman@creditinsuranceintl.com.