Legal framework conditions SERV is governed by certain laws as an institution under public law. They include: Federal Act on the Swiss Export Risk Insurance (SERVG) of 1 January 2016 Ordinance on the Swiss Export Risk Insurance (SERV-V) of 1 January 2016 SERV complies with the following framework conditions laid out in these laws and regulations: Glossary Subsidiarity : SERV supplements, but does not replace, the insurance provided by the private sector. It only insures risks that the private sector will not insure
Products for service providers SERV helps you to: Ensure that you get paid for your export by insuring the political or Glossary del credere risks Offer foreign customers attractive terms and conditions of payment Find suitable foreign banks for your business Service providers Do you plan, develop or provide a service at home or abroad, and is there a risk that you can’t sell this service to your customers abroad? Pre-shipment risk insurance
Financing options Insurance policy in foreign currency SERV can issue insurance policies in euros or other convertible currencies for supply contracts in a foreign currency [...] in foreign currency. The surcharge is five percent for policies issued in euros and ten percent for all other currencies. SERV currently raises no surcharges for insurances or guarantees in foreign currencies [...] relating to supplies and sub-contracted work can be reinsured by the third country’s ECA vis-à-vis the primary insurer. If a loss occurs, the primary insurer can file a claim with the reinsurer. SERV
What should I do about an imminent loss? The policyholder must notify SERV immediately of any circumstances leading to an increase in risk, breaches or neglect of duties [...] from SERV and must be submitted no later than two years after the occurrence of the insured event (art. 17 (2) SERV-V). Indemnification amount If production risks are insured, SERV will [...] contractual or statutory default interest during the waiting period. For more details, please see the Claims information sheet (PDF) . What happens after SERV pays the indemnification
If you are interested in learning more about SERV, our offer and the national and international guidelines we adhere to, you are kindly invited to participate in one of our trainings. Please visit the following link for further information on our SERV trainings .
On 6 June 2018 during the TXF Global Flagship Conference in Prague, SERV received the following awards: - Exporters’ Choice Award: Best Overall ECA - Importers’ Choice Award: Best Performing ECA - For the Aluminium Bahrain Project: Middle Eastern ECA Finance Deal of the Year We are delighted with this success – in particular the award for best export credit insurance – and will continue to do our utmost to support Swiss companies in their export business. You can find out more information on the TXF Awards here .
We would like to remind you of our annual Client Event taking place on Thursday, 9 November 2017, starting at 4 p.m. at the AURA in Zurich. We are pleased to welcome you at this event. If you would like to participate, please do not forget to register at firstname.lastname@example.org , if you have not already done so. Further information can be found on our website under client event .
If you are interested in learning more about SERV, our offer and the national and international guidelines we adhere to, you are kindly invited to participate in one of our seminars. Our regular events are held in Zurich (in German) and Lausanne (in French). Please visit the following link for further information on our events in Zurich and Lausanne.
On Wednesday, 4 October 2017, 2 pm, we will hold a SERV Information Event in French. At this event exporters will learn more about SERV, our offer and the national and international guidelines. There are some places still available. You will find information on the agenda under Events on our website. Please register at email@example.com .
This year’s customer event will be held at the AURA in Zurich on Thursday, 9 November 2017. Please note that the speeches will be held in German. For further information and registration, please visit