Trade credit insurance covers your receivables due within 12 months so that your cash flow is safeguarded. Our information tracks the financial health of your customers and we update you so that you can trade with confidence. If your customers become insolvent or fall into protracted default, you will be indemnified for the cost of goods and services you have delivered.
Customer health check: We analyse the credit worthiness and financial stability of your customers.
Credit limit calculated: Each customer has a limit which is the maximum amount we will indemnify if that customer fails to pay.
Business as usual: You trade with your existing customers as you wish, with the risk covered up to the limit.
Trading limit updates: We keep you informed of adjustments to limits as they may be raised or reduced when conditions change.
Business building: You check the credit worthiness of potential new customers. We confirm agreement or explain if your request is declined.
Making a claim: If a customer fails to pay, then you give us full information. We investigate and indemnify you for the insured amount if policy terms have been met.
Gain access to comprehensive and up to date information on the changing risk within your customer portfolio. Track and manage customer orders and payments more confidently.
Trade receivables are protected and your cash flow and profit line will be more secure. The strength of the business will be clear to banks, auditors and investors.
Identify opportunities for growth and expansion. Release resources to develop sales with new customers and in new markets.
Standard & Poor’s rating
The risk of non-payment exists even when your customers are established businesses. Trade credit insurance covers the commercial and political risks that prevent payment of monies owed to you. Use our policies to reduce the impact of customer insolvency and mitigate non-payment risks . We monitor your customers’ financial health and grade them with our scoring system. You set trading limits to control the size and frequency of orders you will accept from new or existing customers. We monitor the grades constantly and inform you of changes based on the financial challenges your customers are facing. You can adjust your trading limits to manage the credit risk. Our debt collection services support your own processes and optimise payment rates. Your banking and commercial relationships can improve when you have trade credit insurance.