A Kenyan manufacturer of pharmaceuticals relating to malaria and HIV/AIDS won a tender to distribute medical supplies to a government agency responsible for procurement, warehousing and distribution of medical supplies. The agency is tasked with delivering up to 45% of the drugs and health equipment to public health facilities across Kenya.
Before signing the contract, the manufacturer obtained ATI’s insurance to protect them against non-payment. ATI’s strong relationships with the Kenyan government, which is also a shareholder in ATI, offers clients added comfort against the government’s defaulting on contractual obligations.
Maximum Sum Insured: $4.8 million