EGAP

What EGAP does

EGAP (Exportní garanční a pojišťovací společnost, a.s.) is the Czech state-owned export credit agency, established in 1992 and headquartered in Prague at Vodičkova 34/701. The company insures politically and commercially uninsurable risks associated with financing Czech exports of goods, services, and investments abroad, serving Czech exporters operating in 130 countries where private insurers are unwilling or unable to provide coverage. EGAP underwrites a total insured volume of 1,139 billion CZK and has been profitable for five consecutive years, most recently earning over 1 billion CZK.

The company operates a portfolio of eleven core insurance products: short-term supplier credit insurance (Types B, Bf), medium and long-term supplier credit insurance (Types C, Cf), export buyer credit insurance (Type D), confirmed letter of credit insurance (Type E), pre-export financing insurance (Type F), foreign investment insurance (Types I, If), production risk insurance (Type V), and guarantee insurance (Type Z). Underwriting is supported by a proprietary internal country-risk classification system called the Risk Barometer (Barometr rizik EGAP), which evaluates political, economic, financial, and business-environment factors and may diverge from official OECD categorizations. Distribution-side tools include an online premium calculator, a prescoring service for preliminary deal assessment, and a client portal (eol.egap.cz).

EGAP generates revenue primarily through annual insurance premiums, with disclosed written premiums of 28 billion CZK and recovered claims of 19.5 billion CZK in the most recent reporting period. Distribution is sales-led, combining direct engagement with Czech exporters, partnerships with financing banks, dedicated SME support programs, and educational seminars. The company partners with Czech Export Bank (notably for joint Czech-Uzbek projects), the European Investment Bank's EIB Global division, ECI, the OECD, and Exile Group, and operates special programs including the Ukraine Fund, EGAP Plus, and the legacy COVID Plus to address heightened-risk markets and crisis-period coverage.

Name

EGAP

Legal name

Exportní garanční a pojišťovací společnost, a.s.

Website

https://egap.cz

Company type

Private

Founded year

1992

Operating status

Operating

Short description

EGAP is the Czech state-owned export credit agency, insuring political and commercial risks that private insurers cannot cover for Czech exporters across 130 countries. It offers eleven insurance product types and a proprietary Risk Barometer country-risk assessment system.

Ownership category

akta.pro rank

Product category

Export Credit Insurance

NAICS

Direct Insurance (except Life, Health, and Medical) Carriers (52412), Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Trade Finance, Export Credit & Risk Mitigation (BPADAMAG)

akta.pro secondary industries

Structured Trade & Export Credit (ECA-backed, Structured Solutions) (FSABAHAJ), Political Risk & Trade Credit Reinsurance (FSAOABAN)

Keywords

• Export credit insurance
• Political risk insurance
• Trade credit insurance
• Investment insurance
• Pre-export financing insurance

Headquarters

HQ city

Prague

HQ country

Czechia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Export Credit Insurance Premiums: EGAP provides insurance against politically and commercially uninsurable risks associated with financing exports of goods, services and investments from the Czech Republic. The company charges premiums for coverage including payment default risks, investment devaluation, contract cancellation by importer, and bank loan insurance.
2. Ukraine Fund: Special fund providing enhanced conditions for Czech exporters dealing with Ukrainian partners.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

EGAP provides export credit insurance against politically and commercially uninsurable risks tied to financing Czech exports of goods, services, and investments. Its product portfolio covers short-term supplier credits (Type B), medium and long-term supplier credits (Types Bf, C, Cf), buyer credits (Type D), confirmed letters of credit (Type E), pre-export financing (Type F), Czech investments abroad (Types I, If), export contract performance risk (Type V), and bank guarantees (Type Z). Complementary services include the Prescoring preliminary assessment, an online Premium Calculator, and special programs such as the Ukraine Fund, EGAP Plus, and COVID Plus.

Product overview

EGAP (Exportní garanční a pojišťovací společnost) operates as a Czech export credit agency providing insurance against politically and commercially uninsurable risks associated with financing exports of goods, services, and investments from the Czech Republic. The core offering consists of a comprehensive portfolio of insurance products addressing various stages and types of export transactions: short-term supplier credit insurance (types B, Bf) for goods delivered within one year; medium and long-term supplier credit insurance (types C, Cf) for extended delivery periods; export buyer credit insurance (type D) for financed purchases; confirmed letter of credit insurance (type E); pre-export financing insurance (type F); foreign investment insurance (types I, If); export contract performance insurance (type V); and guarantee insurance (type Z). These are complemented by digital tools including a premium calculator for cost estimation, prescoring services for preliminary risk assessment, and a risk barometer for country risk evaluation. Special programs like the Ukraine Fund and EGAP Plus provide enhanced coverage for higher-risk markets, while the COVID Plus program addressed pandemic-related losses.

Differentiator

Problem solved

Functional benefit

Brands

• EGAP Plus: COVID support program for Czech exporters affected by the pandemic
• Fond Ukrajina

Products and services

• Short-term Export Supplier Credit Insurance (Pojištění krátkodobého vývozního dodavatelského úvěru, Type B) Insurance against non-payment risk for short-term export supplier credits, protecting Czech exporters when foreign buyers fail to pay for delivered goods and services.
• Bank-financed Short-term Export Supplier Credit Insurance (Pojištění bankou financovaného krátkodobého vývozního dodavatelského úvěru, Type Bf) Insurance for banks financing short-term export supplier credits, covering the risk of non-payment by foreign buyers.
• Medium and Long-term Export Supplier Credit Insurance (Pojištění střednědobého a dlouhodobého vývozního dodavatelského úvěru, Type C) Insurance for medium and long-term export supplier credits, covering non-payment risks over extended delivery periods typically exceeding one year.
• Bank-financed Medium and Long-term Export Supplier Credit Insurance (Pojištění bankou financovaného střednědobého a dlouhodobého vývozního dodavatelského úvěru, Type Cf) Insurance for banks financing medium and long-term export supplier credits with extended repayment schedules.
• Export Buyer Credit Insurance (Pojištění vývozního odběratelského úvěru, Type D) Insurance for export buyer credits where the foreign buyer receives financing to purchase Czech exports, protecting the exporter against non-payment.
• Confirmed Letter of Credit Insurance (Pojištění potvrzeného akreditivu, Type E) Insurance for confirmed letters of credit, protecting exporters when confirmed letters of credit are not honored.
• Pre-export Financing Insurance (Pojištění úvěru na předexportní financování, Type F) Insurance for pre-export financing loans that help export-oriented companies finance production before delivery and payment.
• Investment Insurance Abroad (Pojištění investic v zahraničí, Type I) Insurance for investments made by Czech legal entities abroad, protecting against political and commercial risks that could devalue the investment.
• Investment Loan Insurance Abroad (Pojištění úvěru na investice v zahraničí, Type If) Insurance for loans financing Czech investments abroad, protecting financial institutions against non-repayment.
• Export Contract Performance Risk Insurance (Pojištění proti riziku nemožnosti plnění smlouvy o vývozu, Type V) Insurance against the risk of inability to fulfill export contracts, covering production risks before delivery.
• Export Guarantee Insurance (Pojištění záruk spojených s vývozem a investicemi, Type Z) Insurance for bank guarantees issued in connection with obtaining or fulfilling export contracts.
• Prescoring Preliminary analysis and non-binding expression on maximum insurance value and indicative rating for a transaction during initial business case discussions.
• Ukraine Fund (Fond Ukrajina) Special support fund with enhanced conditions for Czech exporters dealing with Ukrainian partners, providing more favorable insurance terms.
• EGAP Plus Special insurance program with additional coverage options for Czech exporters facing higher-risk markets.
• COVID Plus Special insurance program covering COVID-19 related losses for Czech exporters.

Quantifiable outcome

• 1,139 billion CZK total insured volume
• +2 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core, minor and strategic.

• ECI (Export Credit Insurance)coreStrategic or Co-development PartnerStrategic partnership between ECI and EGAP to enhance trade, investment, and export credit opportunities. This partnership strengthens international cooperation in export credit insurance.
• Exile GroupminorStrategic or Co-development PartnerPartnership to bring the World's Largest Export Finance Conference, TXF Global 2026, to Prague. EGAP is hosting this major industry event in collaboration with Exile Group.
• OECDstrategicStrategic or Co-development PartnerEGAP operates according to OECD guidelines for export credits and participates in the OECD Arrangements for Officially Supported Export Credits.
• RemobilminorOthersEnvironmental partnership with Remobil, a civic association. EGAP serves as an official collection point for old mobile phones, with proceeds going to Jedličkův ústav school for children with physical disabilities.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Others

• UK Export Finance (UKEF):
• Czech Export Bank (ČEB): Czech state-owned specialized bank providing export financing in cooperation with EGAP. Adjacent enabler and partner institution rather than direct competitor; combined offerings provide joint Czech-Uzbek export financing packages referenced in EGAP's partnership data.

Direct peers

• Allianz Trade (formerly Euler Hermes): The world's largest trade credit insurer, formerly Euler Hermes (German ECA-privatized). Directly comparable to EGAP as a national-level export credit and trade credit insurance provider, though significantly larger and operating globally across multiple jurisdictions.
• Atradius: Dutch trade credit insurer (partly state-backed via the Dutch State). Closely comparable to EGAP in offering credit insurance, surety, and debt collection services to exporters, though operating on a larger, multi-country basis.
• SACE (Italy): Italian state export credit agency providing export credit insurance and investment protection. Directly comparable to EGAP as a state-owned ECA with similar product taxonomy (supplier credit, buyer credit, investment insurance).
• Coface: French-headquartered trade credit insurer serving exporters globally. Comparable to EGAP in product structure (trade credit insurance, surety, political risk) and customer base (exporters and banks), with broader international footprint.
• BPI France Assurance Export: French public export credit insurer embedded within Bpifrance. Comparable to EGAP as a public ECA providing political and commercial risk insurance for French exporters, with similar mandate structure.

Broad incumbents

• Export Development Canada (EDC): Canadian state-owned ECA providing trade finance, insurance, and investment support. Comparable to EGAP in state-backed ECA model, though operating at much larger scale and with broader capital markets capabilities.
• US Export-Import Bank (US EXIM): US federal ECA providing export credit insurance, loan guarantees, and direct loans. Comparable to EGAP as a national ECA but operating at vastly larger scale and with broader geopolitical reach.

Regional players

• KUKE (Poland): Polish export credit insurance corporation providing trade credit insurance for Polish exporters. Closely comparable to EGAP in product offering and mandate, serving a neighboring Central European economy rather than competing in Czech territory.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks4 records

Key highlights7 records

Customer concentration

• Xx.com/infoegap

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about EGAP