Corporate Advantage is an insurance policy that covers trade credit receivables in both domestic and export markets. It is protection against your customers’ failure to pay their trade debts due to insolvency or because they failed to pay within the agreed timeframe.
It has a straightforward policy structure offering a choice of more than 80 options and simple wording that makes information quick to find. It’s most beneficial to mid-sized and large companies that require a customised solution for their company, sector and growth ambitions.
1. Customer health check: The credit worthiness and financial stability of your customer portfolio is checked against our database of 40 million businesses.
2. Credit limit calculated: Carefully calculated limits guide your decisions on how much risk to accept as you manage customer relationships.
3. Business as usual: You trade with your existing customers, up to the value of the limit, putting you in control of the customer portfolio.
4. Trading limit updates: Automatic updates feed new insights into your customer relationship management and credit risk appetite.
5. Real-time information: You can access and manage your policy anytime and receive real-time coverage decisions with the click of a button with our online tool, EOLIS..
6. Making a claim: If a customer fails to pay you give the details to us and we indemnify you for the insured amount on customers covered by your policy if the debt cannot be collected.
Straightforward policy structure and wording; each subject is clearly identified within a specific section so you can find the information you need quickly.
Trading abroad? At home? With third parties? Corporate Advantage offers a choice of 80+ options, ensuring we’ll deliver a customised solution that enables you to trade safely at home or abroad.
Designed to optimize each step of credit insurance policy management. A special emphasis is put on manageability in order to limit time spent on administration.
It’s a web-based risk monitoring service that gives you immediate visibility over trade receivables and a better grip on risk and opportunity management
It’s a secure e-commerce service that complements trade credit insurance.
EOLIS is an ‘always on’ technology platform that helps you manage all your trade receivables.
As an entrepreneur you are constantly striving to build your business. Every day you make decisions that combine the challenges of chasing opportunities with managing risks. If a customer fails to pay, the consequences can be serious – the survival of your business may even be jeopardized. As a major player in trade credit insurance, bonding and fraud cover, we work closely with small and medium-sized companies that are investing for growth. We have listened to your needs and responded with insurance policies made the way you want them. Simplicity is trade credit insurance for entrepreneurs who manage risk professionally and grow their businesses with confidence. A short and simple application process makes life easier. Structured prices mean you can quickly work out the cost for your business and see the value you will gain.