TRADE CREDIT KEY FACTS

Events that our insurances cover include:

• Bankruptcy/insolvency of customers
• Protracted default
• Political risk events such as FX restrictions or embargoes

Max line size: $50m

 

Types of coverage:

Policy structures available include:

• Single Customer: coverage for one key customer with premiums dependent on customer credit quality
• Whole Turnover: Insurers an entire company’s sales
• Specific Account: Selected customer accounts can be insured

Suitability

Our policies are suited to a wide variety of businesses who conduct both domestic and foreign trade including manufacturers, wholesalers and distributors, and banks active in trade finance. Certain industry sectors are especially suited to trade credit insurance such as:

• Consumer goods
• Electronics
• Chemicals
• Energy
• Food
• Metals
• Machinery & packaging