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Risk Shield Ltd is an insurance broker licensed by the Financial Services Commission. We specialise in trade credit insurance and political risk insurance.

We work with both domestic and leading international partners to provide the right solutions for your business.
Our product specialists have over 40 years’ experience in the field and have undergone various training
among leading global players.

Our portfolio of clients is very diverse and includes MEXA, top 100 companies, banks, factoring companies, global businesses and SMEs.
We go the extra mile to design tailormade solutions for our clients and adapt the products to their requirements.

Furthermore, we assist our clients in
managing the policy, providing an active interface with the insurer and provide full support (in terms of
file preparation, negotiation and follow-up) for the management of claims.
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Our value added

  • Wide array of expert solutions to pre-empt risks from adversely affecting your business
  • Risk management is our sixth sense
  • Protecting our clients' businesses against black swan events
  • In-depth expertise in credit insurance and political risk insurance
  • Agreements with leading insurers worldwide
  • Team of professional and experienced leaders in relevant field
  • Carving the insurance policy as per the client's requirements
  • Best pricing and value-for-money deals for our clients
  • Negotiating the most competitive conditions


Our leaders and solution-drivers are respected professionals in the financial services industry and are experts in credit insurance and political risk insurance. At Risk Shield, you will benefit from their expertise, talent and support to grow your business.

Zayd Soobedar

Managing Director

Holds a Masters in Financial Planning and a BSc (Hons) Economics & Finance with over 15 years' domestic and international experience of which over 10 years in banking, trade finance, factoring and credit insurance.

Ariane Ramar

Commercial Director

Holds a Brevet de Technicien Supérieur Assistant de Gestion with over 19 years’ professional experience of which over 10 years in factoring and credit insurance.

N.Shakylesh Appa

Business Development Executive

Motivated and enthusiastic young professional with strong academics, ACCA background and holding a BSc (Hons) Banking and Finance

Ikhlaas Khoodaruth

Account Manager

Dynamic finance prodigy with strong academics, ACCA background and excellent technical skills having over 5 years experience.

Jesheena Sarah Chuckowree

Business Support Officer

Proactive and dedicated member of the team currently studying towards a BSc (Hons) Finance with Law


Credit insurance

Credit insurance provides a protection for clients against unforeseen credit risk events that could result in accounts receivable losses i.e. bad debts. Companies that sell goods or services on credit terms are highly exposed to the risk of non-payment due to customer insolvency, protracted default and political risks that prevent the buyer from fulfilling its payment obligations. Credit insurance provides a safety net against such black swan events.

In short, credit insurance covers:
  • Default of buyers due to liquidity issues
  • Insolvency of buyers
Political risks impacting on buyers’ payment ability

The various types of trade credit insurance solutions include:

  • Whole turnover (global)
  • Single buyer
  • Single risk
  • Excess of loss
  • Leasing insurance
  • Rental insurance

Political risk insurance

This insurance protects your investments, projects, goods and contracts against any unfair political action or inaction by a government that would cause damage, financial loss or business interruption in any of our member countries. It can also cover loss due to war & civil disturbance.

Political Risk Insurance (PRI) cover typically includes the risks listed below with the flexibility to include additional risks as per the needs of our customers.

  • Types of risks
  • Expropriation
  • Currency inconvertibility and exchange transfer cover
  • Contract frustration cover
  • Political violence cover
  • Payment default cover
  • Trade embargoes cover
  • Transfer Restriction
  • Physical Damage
  • Business interruption
  • Embargo
  • Arbitration Award Default
  • Non-honouring of Sovereign Guarantee
  • Unilateral cancellation of operating licences
  • Goods-in-transit




Ground Floor, MAB Court,
Royal Road, Beau-Bassin,

+230 455 11 56