Trade Credit
Trade credit insurance, or credit insurance is an insurance cover which is offered to business entities that wish to protect their accounts receivable from loss due to default. In simple words, Trade Credit insurance covers a company’s bad debts.Trade credit insurance is for companies that:
- conduct business on open, unsecured credit terms or have significant bad debt reserves;
- have heavy export activity or international receivables;
- need their risk management aligned with treasury or financial management;
- have accounts receivable concentrations to only a few accounts; and
- seek asset-based lending arrangements with banks.
- Asset protection
- Improved knowledge of your customers through access to leading databases.
- A program that supports sales growth
- Unrivalled intellectual capital and benchmarking data to ensure that the client obtains the most optimal structure
- Global policies and country-specific risk services
- Fully dedicated Multinational Team
- Integrated national and global trade credit network
- An experienced team acting as strong advocates for the client
- An in-house claims manager / legal expert supporting from the UK
- “State of the art technology to assist in policy compliance”