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Preventing or mitigating losses in three steps
Preventing or mitigating losses in three steps Make sure the terms are clear before signing a contract with a customer. You should let your SERV client advisor know right away if you become aware of any [...] you the best possible support during this phase and you can work with SERV to avoid or mitigate the loss, you should not supply any further goods or services without checking with us first. It is important [...] More information about the entire indemnification procedure and claims management can be found in Loss and Claims Management of SERV . Indemnification in three steps Questions? Contact: Claudia Oberle
https://www.serv-ch.com/en/services/imminent-loss-and-occurrence-of-an-insured-event/preventing-or-mitigating-losses-in-three-steps/
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Occurrence of an insured event: What to do when a claim arises?
point, losses should be avoided or minimised. SERV can advise you on which measures you can take to avert loss, so that you don’t find yourself in a tricky situation. Maintaining good relations with your customers [...] proceedings are initiated against the debtor Preventing losses in three steps What should you do if an insured event occurs? SERV defines a loss as the occurrence of an insured risk and the expiry of the [...] Imminent loss and occurrence of an insured event Has the buyer not paid for your delivery, or is it refusing to accept it? This can make things difficult for you. To ensure it doesn’t get to that point
https://www.serv-ch.com/en/services/imminent-loss-and-occurrence-of-an-insured-event/
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Indemnification in three steps
take recourse, recovery and loss mitigation measures in consultation with us. SERV may contribute towards the cost of certain measures (e.g. taking legal action). The loss information sheet contains detailed [...] processes. Preventing losses in three steps Questions? Contact: Claudia Oberle Head of Claims & Recovery +41 58 551 5566 E-Mail Download vCard Download vCard Additional documents loss information sheet
https://www.serv-ch.com/en/services/imminent-loss-and-occurrence-of-an-insured-event/indemnification-in-three-steps/
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Contract bond insurance
Contract bond insurance Contract bond insurance protects Swiss exporters from losses caused by a customer calling a contract bond (usually a bank guarantee) that was furnished to secure the exporter’s [...] pre-shipment risk insurance and does not have to be insured separately. Contract bond insurance covers the loss of the guaranteed sum if the foreign customer legitimately calls the guarantee because the exporter [...] contract. The guaranteed sum is even covered if the customer unfairly calls the guarantee and the loss is not reimbursed within three months. Contract bond insurance may be supplemented by a Counter Guarantee
https://www.serv-ch.com/en/services/for-swiss-exporters/contract-bond-insurance/
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Confiscation risk insurance
Confiscation risk insurance Confiscation risk insurance protects Swiss exporters from losses due to confiscation or similar measures taken by foreign countries. It covers the exporter’s prime costs for [...] such as providing contractual services, storage, exhibitions or testing. The insurance can cover losses due to political risks or force majeure risks. Maximum cover ratio: 95% Product details Questions
https://www.serv-ch.com/en/services/for-swiss-exporters/confiscation-risk-insurance/
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How SERV can help Swiss exporters
payment, performance or warranty bond for your delivery? Are you interested in protection against losses in the event that the buyer calls the bond, be it a fair or an unfair calling? Learn more Counter [...] either to provide services, to store or to exhibit the items? Are you interested in protection against loss through confiscation or similar measures by foreign states? Learn more Multi-buyer insurance for [...] payment, performance or warranty bond for your delivery? Are you interested in protection against losses in the event that the buyer calls the bond, be it a fair or an unfair calling? Learn more Counter
https://www.serv-ch.com/en/services/for-swiss-exporters/
policies in euros or other convertible currencies for supply contracts in a foreign currency. If a loss occurs, the indemnification is paid out in the foreign currency. Insurance premiums may be paid in [...] 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 or the foreign ECAs decide whether
https://www.serv-ch.com/en/services/application/financing-options/
refusing to accept it? This can make things difficult for you. To ensure it doesn’t get to that point, losses should be avoided or minimised. Learn more Cover policy for countries and banks In cover policy you
https://www.serv-ch.com/en/services/
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Product details buyer credit insurance
early repayment of a loan) Claims for damages, contract penalties, compound interest and currency losses are excluded from the insurance. Insurable risks Political risk Commercial risk Transfer risk Force
https://www.serv-ch.com/en/services/for-financial-institutions/buyer-credit-insurance/product-details-buyer-credit-insurance/
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Product details working capital insurance
early repayment of a loan) Claims for damages, contract penalties, compound interest and currency losses are excluded from the insurance. Insurable risk The insurance covers the risk that the borrower of
https://www.serv-ch.com/en/services/for-financial-institutions/working-capital-insurance/product-details-working-capital-insurance/