The International C, LLC announces EXIM Bank brokerage representation in South Carolina, North Carolina, and Georgia with longstanding and prestigious firm, J Maxime Roy of Lafayette, Louisiana.
Since 1932, J. Maxime Roy, Inc. has helped clients manage commercial risk with exporting and operating internationally by providing specialized insurance policies, including export credit and political risk insurance, global property and casualty insurance, and international bonding. J. Maxime Roy, Inc. is one of the leading trade credit and political risk insurance brokers in the U.S. The company was highlighted in 2004 and again in 2018 when selected as Ex-Im Bank's Broker of the Year.
“The International C, LLC is a total solutions provider for governmental and international business development. A boutique consulting firm with extensive experience in public relations and development efforts for growing market share in defense, foreign aid, and commercial sectors. We feel very fortunate to have Craig Wooten, with his specialized expertise and skills in international trade, along with that of his staff at The International C, representing J. Maxime Roy, Inc. and extending our reach to serve clients throughout South Carolina, North Carolina, and Georgia” says Warren Bares, CEO of J Maxime Roy Inc.
“The ability to help our clients grow revenue and mitigate risk internationally, by coupling our expertise with one of the oldest firms in the country, aligns with our mission of being a total solutions provider to our clients,” says Craig Wooten, Managing Principal of the International C.
Understand the mission and the tool that empower U.S. companies to increase international sales.
Our focus is on helping clients manage global credit and political risks, along with other property and casualty risks associated with operating internationally. We work with Ex-Im Bank and global insurers to arrange coverage to fit the special needs of our clients. The categories of insurance and risk mitigation we use to help our clients include:
Accounts receivable are often one of the largest assets on a company's balance sheet. Financial turmoil in the U.S. and problems in other countries that impact the U.S. make it hard to predict conditions that could lead to your U.S. customers defaulting on payment obligations. Insurance on domestic accounts receivable protects against the risk of default
Extending credit to foreign customers is often required to be able to compete in foreign markets. However, this exposes exporters to the risk of non-payment. Political risks that can cause foreign customers to default include currency inconvertibility (foreign buyers' inability to obtain U.S. dollars), currency devaluation, war, revolution, cancellation of import/export licenses, foreign government action preventing the import of products, and diversion of voyage.
An Accounts Receivable Put Option is a credit risk management tool that provides protection against the risk of bankruptcy on the covered company. The holder of the A/R Put Option has the right to sell the covered accounts receivable to the issuer of the A/R Put Option in the event of bankruptcy of the company on which the A/R Put Option is issued. A/R put options are not insurance and are issued by highly rated investment banks.
Operating and investing in emerging markets is often necessary to follow opportunities. Oil and gas exploration, infrastructure and construction projects, setting up a manufacturing operation to take advantage of lower production costs; these all present opportunities, but also present unpredictable political risks that challenge even the most sophisticated companies.
If you are buying or selling goods overseas, and your customer or freight forwarder arranges the insurance, how can you be sure that your interests will be protected? What are you getting for your money? Is there a better way to insure international shipments?
Companies operating overseas have specialized property and casualty insurance requirements. Whether your company is just beginning to operate in overseas markets or you have extensive multinational operations, we are able to work with our network of global insurers to arrange the proper coverage.
Companies involved in foreign operations, including manufacturing equipment for export and in foreign construction and infrastructure projects, are frequently required to put up bonds. We are able to help you arrange bonding for international transactions through our network of global insurers.
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