1. EGAP – we insure Czech exports
October 2017/ Ukraine

2. ORGANISATION OVERVIEW
EGAP is organized as a private joint stock company, where ownership is held by state and has an explicit state guarantee in law about EGAP
Supervisory Board – members are delegated by ministries and by employees of EGAP

3. New business 2010 – 2017 (in bn. CZK)
* Updated plan 1 EUR = 26 CZK

4. Exposure by product type
Current gross exposure mil. CZK (6 816 mil. EUR)
* Sept. 11th 2017

5. Exposure by country
* Sept. 11th 2017

6. Exposure by country risk category (OECD)
* Sept. 11th 2017

7. Underwriting procedure
Insurance opportunity
introductory meetings
structuring of the transactions
Preliminary assessment
prescoring
comprehensive transactions
Final assessment
assessment by underwriting department
assessment by risk department
approval process
issuance of the documentation
Business case follow up
Původní popis:
Insurance opportunity – introductory meetings with banks/exporters, Letter of Supports, structuring of the transactions in connection with the basic conditions of the insurance product
Preliminary assessment – prescoring (assessment of the rating and limit of the borrower/guarantor), structuring of the more comprehensive transactions (typically project finance)
Final assessment
final assessing of the project by underwriting department – sanctions, non-financial cut-off, sustainable lending, …
final assessing of the project by the risk department – to je na 120, financial cut-off, credibility of the borrower, performance risk, …
approval process – approval levels (below)
issuance of the documentation (preparation of the Insurance policy, Confirmation protocol and Contract on relations with the exporter)
SME exporters – special procedure for Small and medium enterprises (faster analyses, shorter list of documents necessary for the risk assessment,…)
SME exporters – special procedure for Small and medium enterprises (faster analyses, shorter list of documents necessary for the risk assessment,…)

8. Approval levels
Directors of underwriting department and risk department below 100 mil. CZK ( 4 mil. EUR) Insurance Committee 100 – 500 mil. CZK (4 – 18,5 mil. EUR) Board of Directors over 500 mil. CZK (18,5 mil.EUR)

9. UKRAINE OECD Category: 7 Maximum country limit: c. 100 mil. EUR
Available limit: c. 65 mil. EUR
Specific sectors: Energy Sector, Transport Facilities,
Agricultural Technologies
Capital Reinforcement of Ukrainian Banks
Short Term Risk for Ukrainian Companies
Medium Term Risk for Strong Ukrainian Companies

10. Thank you for your attention
EGAP, a.s.
Vodičkova 34/   Prague 1 phone.: +420 222 841 111