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More so now than ever before, the political landscape is changing - almost on a daily basis. As a result, the need for political risk insurance (PRI) by Australian businesses investing in emerging markets is a significant issue. EFIC plays an important role in the natural resources sector as a provider of PRI. Our experience in this sector is extensive, with EFIC having supported a number of large mining, oil and gas projects over the years. EFIC has developed close relationships with other providers of PRI and can take a lead role in syndicating cover with other insurers, either on the basis of coinsurance or reinsurance. We are able to insure an investor or a lender against losses arising from political events, so they can invest or lend with greater certainty. How can EFIC help you? With EFIC as a financier to your project, you can take advantage of: - access to a specialist team of industry experts who know and understand your business; and
- innovative solutions with competitive terms and conditions, tailored to meet your particular needs.
Finance & Insurance options
EFIC offers a range of products but those that would be most relevant to your export business are: Eligibility for these products is based on your proposal meeting our usual underwriting criteria. EFIC's Natural Resources industry specialists are: Jan Fuchter
Telephone: +61 2 9201 2155
More Information EFIC will make an offer of finance following an overall assessment of a transaction. Any offer of finance will comply with the OECD Arrangement, and consideration will also be given to our policies on: For further information on eligibility, contact us at finance@efic.gov.au or call us on 1800 887 588 between 8.30am - 5.30pm, Monday to Friday (Australian Eastern Standard Time), or if outside Australia on +61 2 9201 2111. | |
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