Pernix Specialty
Political risk and non-payment insurance for investment and finance transactions, managed from London
Highlights
- Young companyFounded 2021
- New on EvolcAdded 2026-10-28
About Pernix Specialty
Pernix Specialty Limited is a political and non-payment risk managing general agent. It offers non-payment cover against default or non-performance by a named obligor, and political risk cover against losses from named political risk perils, including a lenders form.
The company states its purpose as supporting responsible and tangible investment and finance. A core part of its portfolio is to be devoted to the energy and technological transitions. Pernix is under management at Pine Walk Capital and is part of the Fidelis Group.
Pernix was founded in 2021 and is headquartered in London. Its co-founders are Kade Spears (CEO), Caroline Coulson (CUO) and Mark Grimson (Head Analyst), who together bring 55 years of combined political and non-payment risk experience. The team includes underwriters, analysts and operations staff.
Product: Political risk insurance and non-payment insurance, including a lenders form for political risk cover.
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