Euler Hermes has been named Debt Collection Agency of the Year in the Institute of Credit Management (ICM) British Credit Awards and “Fastest Growing Credit Insurance Company in the United Arab Emirates (UAE)” by Global Banking and Finance Review. The ICM judges noted that “ Euler Hermes Collections was combining manpower and technology to great effect to improve customer communication and service” as well as “true innovation and dynamism, matched by tangible, documented results.”
Phil Mercer, head of Euler Hermes Collections UK, said “We are honored that our investments in processes and people have been recognized in these prestigious awards. It will also spur us on to find ever more ways to serve our client’s success.”
The UK Debt Collection award was announced the same evening Euler Hermes celebrated its 95th anniversary as a business in that country. The company was also a finalist in the credit insurer of the year category of the 2013 ICM British Credit Awards.
The Global Banking and Finance Review Awards recognize companies of all sizes that are prominent in particular areas of expertise and excellence within the global financial community. The awards reflect the innovation, achievement, strategy, progressive and inspirational changes taking place within the financial sector.
“Trade credit insurance is a valuable financial management tool that helps businesses identify the best customers and protect cash flow essential to company operations and sustainability,” said Massimo Falcioni, CEO, Euler Hermes Gulf Cooperation Council (GCC). “This award reflects the increasing role it is playing for businesses in the region.”
For further information, please contact:
Euler Hermes Group Media Relations (Paris)
Bettina Sattler – +33 (0)1 8411 6141
Ogilvy Public Relations Worldwide
Lorenzo Ricci – +33(0)1 53 67 12 83