Other Insurance Products
Product Summary
HCCIG considers unusual insurance opportunities that
incorporate credit risk, diminution in asset value risk,
legal risk or other composite financial risks.
Typically, the motivation of the insured for protection
is driven by something other than pure risk transfer. Key
components of such transactions include:
- Alignment of interests between HCCIG and the insured
and beneficiary
- Agreement to work collaboratively and
non-competitively to create value
- Customized policy form to meet the transaction
objectives
- Transparency and full disclosure to all interested
parties
Product Examples:
Taking and Tax Credit Default Insurance
- Eminent domain insurance for real estate financings
to protect against a government taking and failure to
pay sufficient compensation
- Film tax credit state default insurance to protect
against U.S States' default or failure to honor its
obligations
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