we underwrite risks on behalf of HDI Global Specialty SE (rating "A+"). HDI Global Specialty SE is a joint-venture of Hannover Re and HDI Global SE, both strong, global players in the re/insurance markets.
We provide guarantees accepted by the customs authorities for all common customs procedures.
The guarantee contract is concluded for one year, with the possibility of extension. The warranty is issued for an indefinite period of time.
WHY CEE SPECIALTY S.R.O.
- a Czech company licensed and regulated by Czech National Bank; indirectly owned by the private equity fund RCI II whose major shareholders are the European Bank for Reconstruction and Development and the European Investment Fund
- we underwrite risks on behalf of renowned global insurers on Czech and Slovak markets
- we offer local & tailor-made insurance solutions; insurance policies are in Czech and subject to Czech law
- experienced team of underwriters with respective authorities
- claims handling through Czech independent loss adjuster company
- unfulfilled obligations of the insured (bond holder) requested by the customs authorities up to the agreed limit for goods placed under one of the customs procedures
- an insured risk is the occurrence of a customs debt arising from the activity of the insured if the insured has become the debtor according to the decision of the competent customs office and this decision has become enforceable
- in the event of an insured event, the insurance indemnity is paid to the customs authority.
- guarantees for customs debt are fully-fledged alternative to bank guarantees issued by banks
- unlike bank guarantee, an insurance bond is not a loan, custom bond does NOT reduce the credit line - so you can borrow more money from the bank - and does not enter the insured's accounts as a possible financial liability.
- the insured pays only the insurance, no other fees
- fast processing of the offer, more friendly attitude to the insured than at the bank
- various options of collaterals for securing potential insurance indemnity