Underwriting Africa Specialty Limited (UASL) provides a range of Risk Mitigation Solutions for Banks, Financial Institutions, and Corporates operating or seeking to expand their presence in Africa. We accomplish this by partnering with Multinational Reinsurers interested in expanding their African footprint, by providing Localised Credit and Country Risk Expertise. From our headquarters in Nairobi, Kenya, we have supported projects in 22 countries in Africa, since our inception in 2015

We specialize in bespoke risk solutions including:

• Bonds and Guarantees: Financial instruments that provide comfort to an employer or buyer, that should the contractor fail to perform their obligations under a contract, they will be compensated by the issuer.
• Trade Credit Insurance: This cover protects against default by debtors/buyers in payment of receivables due to a company.
• Borrowers Default Insurance Policy: The solution compensates banks and financial institutions in the event of non-payment/ default on facilities extended to their corporate clients.
• Political Risk Insurance: The cover compensates suppliers or lenders for losses occasioned by actions or inactions, by government, in the course of their business.