Project: Supply of Commercial Vehicles, Bicycles, Equipment and Steel

An international steel and auto maker purchased ATI’s cover as a solution to the foreign currency constraints in the country. The foreign currency shortage prevented its local subsidiary from converting or transferring local currency needed to meet their supplier’s payment deadlines for imported goods.

The transaction facilitates importation of essential equipment used to drive economic activity in the construction industry and the movement of goods across the country.

Maximum Sum Insured: $500,000