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Yes. For export receivables in emerging markets, I’d put these providers at the top of the shortlist:
Provider
Why it fits
Best suited for
Allianz Trade
Its World Program explicitly covers global portfolios including emerging markets, with protection for insolvency, delayed payment and political risk. It also offers transactional cover for export transactions and single/multiple countries.
Mid-size/large exporters, multinational programs, higher-risk countries
Atradius
Provides export credit insurance for overseas buyers, including commercial and political risks. Its multinational offering specifically discusses trading in , with options such as whole-turnover, single-risk and top-up cover.
Can you recommend trade credit insurance carriers that specialize in covering export receivables for emerging markets?
I need to find a policy for trade credit insurance that protects my export receivables specifically in emerging market countries.
What is the best way for a CFO to get D&O (Directors and Officers) insurance for our company?
which business insurance providers work globally for me?
Which business insurance providers offer specific coverage for "Directors & Officers" (D&O) liability in public companies?
established and emerging markets
Exporters wanting flexible portfolio or single-buyer coverage
Coface
Particularly interesting for emerging markets because of its extensive country/debtor intelligence and presence across emerging-market regions. Coface says it covers exports internationally and monitors emerging-market risks.
Exporters where country intelligence and difficult-market underwriting are important
Chubb
Offers multi-buyer and named-customer trade credit insurance covering insolvency, default and country risk, with underwriting hubs in the Americas, Europe, Asia and Latin America.
If your main concern is selling on open-account terms to buyers in higher-risk emerging markets, I'd initially approach Allianz Trade, Atradius and Coface.
Allianz Trade is particularly compelling if you have a diversified international receivables portfolio: its World Program specifically incorporates emerging markets and political-risk protection.
Coface deserves special attention if the countries are relatively difficult markets. Its global network covers 200 countries, and its underwriting/data operation is heavily oriented toward country and debtor risk assessment.
Atradius is a strong alternative, especially if you want flexibility between whole-turnover, single-risk and top-up structures. Its U.S. operation explicitly offers export coverage and political-risk flexibility.
One important point: “emerging market” doesn't automatically mean the receivable will be insurable. The insurer will normally assess the specific buyer, country, payment terms, currency, industry and transaction structure. Political risks such as currency-transfer restrictions, government action or political violence may require specific coverage.
If you tell me (1) your export destination countries, (2) approximate annual export receivables, (3) typical payment terms (e.g. Net 60/90), and (4) whether you need whole-portfolio or just selected buyers, I can narrow this to the 2–3 best providers and compare likely coverage, exclusions and approach to emerging-market risk.
When insuring export receivables in higher-risk or emerging markets, you generally look at two categories of providers: major private global credit insurers (who combine commercial and political risk coverage) and national Export Credit Agencies (ECAs), which are government-backed entities designed specifically to support domestic exporters venturing into volatile regions.[](https://www.trade.gov/export-credit-insurance)
Top providers equipped to handle emerging market exposures include:
Coface : Widely recognized for having deep country-risk expertise and a strong footprint in emerging markets, particularly across Africa, the Mediterranean, and Latin America. They cover commercial defaults as well as political risks like transfer/convertibility restrictions.
Allianz Trade : The largest global trade credit insurer. They maintain a massive proprietary database on global buyers, making them ideal if your emerging market buyers are larger, corporatized entities with traceable financial backgrounds.
Atradius : Known for robust underwriting flexibility and comprehensive international whole-turnover or single-buyer policy structures covering both commercial insolvency and political events.
Credendo : A European-based trade credit insurer that explicitly specializes in emerging markets and developing countries, offering short-term and specialized single-risk covers where standard private markets might hesitate.[](https://www.impelloglobal.com/trade-credit-insurance-carriers-compared)
Government-Backed Export Credit Agencies (ECAs)
If private insurers restrict limits on certain frontier or high-risk emerging nations, your home country’s official export credit agency can often step in to fill the gap. Examples include the Export-Import Bank of the United States (EXIM), Export Development Canada (EDC), or UK Export Finance (UKEF). They specifically target political risks and higher-risk foreign buyers that commercial markets avoid.[](https://www.trade.gov/export-credit-insurance)
Working with a Broker
Navigating multi-country or high-risk emerging market policies can be complex. Utilizing a specialized broker like Aon Credit Solutions can give you leverage across multiple competing private underwriters to find the best capacity and pricing for specific destination countries.
To help narrow down which provider fits best, could you share:
Your home country (where your business is domiciled)
The specific emerging markets you are exporting to
Whether you need coverage for a single major buyer or an entire export portfolio