The primary function of the ECGC is to provide credit risk insurance. In international trade, exporters face "Commercial Risks" (such as buyer insolvency or protracted default) and "Political Risks" (such as war, sudden import restrictions, or transfer delays caused by the buyer's government). By covering up to 90% of these potential losses, the ECGC provides a financial safety net that allows businesses to venture into high-risk or emerging markets with confidence.
