Political risk insurance can provide financial security for businesses making investments in foreign countries, helping to protect them against monetary losses stemming from government actions. Although political risk insurance (PRI) has been available for several decades, efforts to quantify the value of PRI are new. A recent study by Marsh and S&P Global evaluated the potential benefits of PRI.
In this episode of our Risk in Context podcast, Marsh’s Julie Martin and Stephen Kay and Alexia Ash, director for risk quantification at S&P Global, discuss the findings of the study and how this information can help businesses as they consider their investments in developing countries.
Managing Director, Credit Specialty
United States
Julie Martin is a managing director in the Political Risk and Structured Credit Practice within Marsh Credit Specialties, where she leads the Political Risk Center of Excellence. Her work in political risk and structured credit includes program structure, exposure analysis, insurance placement, and claims advisory for a variety of industries.
Managing Director, Global Infrastructure BD Leader, Credit Specialties
United States
Stephen Kay is a managing director in Marsh Specialty’s Credit Specialties practice. His expertise includes political risk and structured credit products for banks, capital market investors, and corporates, including Basel II-compliant credit products.
Director for Risk Quantification, S&P Global
Netherlands
Alexia Ash leads the economics and country risk quantification team at S&P Global. She is responsible for quantitative inputs and projects that require translation across risk metrics and benchmarks. She is also a quantification expert within the country risk team, where she helps develop scores methodology.
