Stening Simpson Industry Leaders in Global Surety Solutions
Kidnap, Extortion, Detention, Hijack.
In the time it takes you to read this, someone will experience one of these events
Protect your off shore projects with Industry Leading Global Political Risk Solutions
Helping companies to manage risk and implement pragmatic solutions for complex business issues
Celebrating 42 Years of excellence 1979 – 2021
The Stening Simpson Difference
- Established in 1979 and at the forefront of the development of Specialised Risks into Australasia
- Awarded the National Association’s prestigious excellence award
- Established track record of more than 42 years in providing industry leading solutions
- 100% Australian owned
- Divisions are headed up by qualified Senior Executives
- Teams are well known for their experience, industry knowledge and responsiveness. They develop an intimate knowledge of your business and understand your needs
- Key relationships with global partners. Their financial strength is reflected in Standard and Poor’s Financial ratings of A+ to AAA, the equivalent or better than Banks
- Responsible for the placement of major risks both in Australia and overseas
- Commitment is to market risk programmes aggressively and deliver value by obtaining the most competitive terms
- High ethical and professional standards
- You are not dealing with a bureaucracy but rather a very personalised team of professionals
From construction to manufacturing, from mining to engineering, from infrastructure to civil works, the larger the project, the greater the risks. Which is why contractors are required to provide security to the Principal of a project.
With an established track record of more than 42 years in providing industry leading global Surety solutions, Stening Simpson will quickly assess your Surety requirements so you can confidently bid on the next project and know that you and the project’s Principal are covered.
If your company has assets in emerging economies or are contemplating expansion into these countries, the opportunities for financial gain are virtually endless. Unfortunately, so are the risks. Confiscation, Expropriation, Forced Abandonment, potentially leading to Political upheaval. Rebellion. Insurrections and uprisings, and more, threatening not only your assets but your people.
When it comes to Political Risk insurance, you need the backing of a company that can do more than protect you against financial loss, should the worst happen.
You need a company with experience and resources. You need Stening Simpson, award-winning Specialised Risk Brokers since 1979.
Kidnap, Extortion, Detention, Hijack. In the time it takes you to read this, someone, somewhere will experience one of these events. The world has become an increasingly dangerous place and as your company expands globally your road warriors, overseas employees and corporate assets are increasingly vulnerable.
Worldwide there are two new kidnappings every hour and extortion threats by terrorists to poison a food or drug product or hackers to destroy key electronic data unless payment is made, are all too common.
Since 1979 Stening Simpson has distinguished itself by delivering superior Specialised Risk solutions to the International business community and are recognised for our in-depth knowledge of Kidnap & Ransom. The fact that many of our customers have been with the firm for 20 – 30 years, speaks for itself.