Trade Credit Insurance 

We'll help protect your business against the unexpected commercial and political risks that exist in most economic sectors. Trade credit insurance is valuable protection that will give you confidence when extending credit to your customers. The first line of defence is better information and understanding of the risk, based on our unique rating, before you trade with any customer. This precaution is even more important when exporting or seeking opportunities overseas.  Our global presence and expertise give us the insight to set ratings and give advice based on risk experience worldwide. But when the unexpected does arrive, our customers can be confident they are protected.

Your access to funding can improve when you use trade credit insurance.  Lenders and business funders usually inspect the credit management processes in businesses they are supporting. When you work with Euler Hermes you will  benefit from our unique data and sophisticated online tools that we have developed for our clients. The information can be used online by your team and linked to your own systems so that risk management is more efficient, ensuring that you make the best decisions when developing new markets. Insurance cover will protect your cash flow so that losses are minimised and your financial strength is greater.

Late payment or non-payment of invoices is a concern for many businesses. The best credit management teams cannot be completely successful in collecting payments. There are times when the resources of an external service may be needed to reach out to distant or challenging customers. Knowledge of local rules and practices plus a local presence can be vital to securing payment.  Professional procedures and a focus on the case in hand are key factors for success.  

The expertise we have built up in trade credit insurance also gives us insight into debt collection. We are  skilled in collecting payments in most markets. We have day to day experience of the different rules and practices that apply when following up unpaid invoices and collecting payments. Last year we collected over 250,000 payments in 130 countries. 

When our specialists work on your behalf, they are aware that your customers are important and that goodwill or trade relationships must be protected as far as possible. We have teams on the ground in most markets who understand local conditions and timescales. If legal action is required, usually as the last resort, we make the arrangements from initiating proceedings to enforcement.

Click below to find us in your country and contact our local teams. We’ll be delighted to answer any of your questions.