Trade Credit Insurance protects your receivables against loss due to insolvency or non payment.
Even the best credit management can't always prevent the issue of non-payment or insolvency. Any business offering credit terms should consider some level of insurance to mitigate these risks.
On average, debtor's ledgers make up to 40% or more of a company’s current assets, yet receivables are often uninsured. Protection of this asset should be a priority for any business, especially considering the alarmingly high insolvency rates.
Trade Credit Insurance is not only about indemnifying against losses but also offering credit terms to the right customers in the first place, enabling long term, sustainable growth.
We have access to more insurers than any one else in the market through our association with NCI and are able to tailor a trade credit insurance solution to meet your specific needs.
Evaluating Risk | Managing Cashflow | Enabling Growth