Academy Workshop: Political Risk & Violence Insurance - a 'go to' guide

As geopolitical risks rise, entities are looking to see how insurance can help. Political risk cover has tended to be taken out by those operating in emerging markets concerned about matters such as expropriation or divestiture, but political violence has broader application. Some organisations are asking whether even changes in tariffs could be covered under any such policies. There are almost no reported cases on these policies, as they generally have confidential arbitration clauses, and so we will look to explain both what can be covered and what kind of issues arise at the claims stage.

By the end of the session, you will be able to:

• Recognise what political risk and political violence policies cover and how they differ
• Identify the triggers for cover under political risk and political violence policies
• Describe how claims for losses are calculated under these policies
• Be familiar with some of the issues that can arise in relation to political risk and political violence claims to allow you to navigate these in practice

Speakers:

 Sarah McNally, Partner, HSF Kramer

Tomás Mac Gearailt, Senior Associate, HSF Kramer