Insurance in Iran and sanctions

Sanctions and insurance

Unrestricted Insurance for Iran Business: Cargo, Liability, Property, and War & SRCC Coverage

Unrestricted Insurance for Iran Business: Cargo, Liability, Property, Engineering, and War & SRCC Coverage

While Europe and the US are imposing stricter economic sanctions against Iran, leading to financial and criminal penalties for non-compliance, the provision of insurance is increasingly seen as a prohibited activity. Insurers, reinsurers, brokers, and traders across the globe must understand these implications.

As a result, many international insurance companies are forced to state that cover may not be available where trade is subject to international sanctions against Iran.

Your Solution for Iran Insurance: Coverage Without Limitation

In contrast, we are ready to issue all essential policies for Iran and business related to Iran without any limitation. We provide comprehensive coverage across major insurance lines, ensuring your business operations can proceed with full protection. Our offerings include:

  • Cargo Shipment: Full cover for goods transported to and from Iran.
  • Liability: Extensive protection against various liability risks.
  • Property: Comprehensive insurance for physical assets in Iran.
  • Engineering All Risk: Cover for construction and erection projects.
  • Credit Insurance: Coverage for banks and financial institutions.
  • Employee Insurance: Policies covering personnel and employees.

Enhanced Protection with War & SRCC Clauses

To further secure your interests, we are ready to offer crucial extra clauses in our policies, such as War and Strikes, Riots, and Civil Commotions (SRCC). This provides a critical layer of protection often excluded by other carriers.

For detailed policy information and to discuss your specific needs, please Contact Us today.