Swiss Export Risk Insurance (SERV) | Export Credit Agency (ECA) in Switzerland
Swiss Export Risk Insurance SERV insures political and del credere risks involved in exporting goods and services. SERV insurance and guarantees protect Swiss exporters from default and facilitate export financing. SERV’s solutions also help companies obtain low-interest loans or higher credit limits in order to conserve cash when exporting goods and services.
SERV insures exports that private insurers do not cover enough or at all (subsidiarity). SERV’s products are available to every company domiciled in Switzerland. While there are no minimum order volumes, a certain percentage of the insured export’s value must have been added in Switzerland.
SERV is an institution under public law that is owned by the Swiss Confederation. It has 57 employees. The Federal Council supervises SERV, elects the Board of Directors and defines the strategic goals for four-year periods. SERV is an economically viable organisation and is self-financed, through risk-adjusted premium revenues.
A summary of Swiss Export Risk Insurance (SERV)
Summary video of Swiss Export Risk Insurance (SERV) and how it operates in Switzerland, Europe. Chase Distillery exports award-winning spirits to more than 30 countries, and has learned that each presents unique risks.
Swiss Export Risk Insurance (SERV) – Benefits of using an ECA in Switzerland
- Financing
- Supplier Credit Insurance
- Pre shipment risk Insurance
Here are some of the product categories offered. Under each category we have different Insurance services offered such as Credit Insurance, Service Insurance,Supplier credit Insurance and Working capital Insurance
The Swiss Export Risk Insurance is an organization founded in 1934 by the federal government to protect jobs and promote exports of Swiss companies.
SERV insures the risks of Swiss exporters in countries where private insurers are not or only selectively active and in countries that pose substantial economic and political risks, particularly for medium- and long-term transactions. Unfortunately, the ERG also insures Swiss exports to controversial dam projects, which may not be environmentally or socially sustainable.
Public Eye is lobbying the ERG to exclude exports that do not contribute to a sustainable and corruption free development that respects human rights.
Popular Export Products
Raw Materials – From tobacco to spices, gold to bronze, commodities represent a large proportion of our trade finance portfolio
Finished Goods – Our innovative structuring capabilities allow us to put together complex finance structures, even if the end goods are finished
Metals – From scrap metal to alloys, we help traders and distributors access trade, receivable or PO finance for iron, steel and non-ferrous metals
Key Stats
Name:
Switzerland:
Description:
Swiss Export Risk Insurance SERV insures political and del credere risks involved in exporting goods and services. SERV insurance and guarantees protect Swiss exporters from default and facilitate export financing. SERV’s solutions also help companies obtain low-interest loans or higher credit limits in order to conserve cash when exporting goods and services.
SERV insures exports that private insurers do not cover enough or at all (subsidiarity). SERV’s products are available to every company domiciled in Switzerland. While there are no minimum order volumes, a certain percentage of the insured export’s value must have been added in Switzerland.
SERV is an institution under public law that is owned by the Swiss Confederation. It has 57 employees. The Federal Council supervises SERV, elects the Board of Directors and defines the strategic goals for four-year periods. SERV is an economically viable organisation and is self-financed, through risk-adjusted premium revenues.
CEO Information:
Founded:
1934
Employees:
57
Government:
Government backing this type of ECA
Company Number:
Registration number here
Address:
Zeltweg 63, 8032 Zurich
Website:
English Website for [Swiss Export Risk Insurance (SERV)]
German Website for [Swiss Export Risk Insurance (SERV)]
Last Annual Report:
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