What is trade credit insurance?

A trade credit insurance helps you and your company move forward. It gives you a good night rest. A trade credit insurance provides you insightful information about the creditworthiness of your customers, helps manage the collection of your unpaid invoices and insures indemnification in case of your customers’ non-payment. Click here for more information about trade credit insurance.

Insure your Unpaid Invoices | Allianz Trade in BeLux

Q: Why have a trade credit insurance?

With a trade credit insurance, you can anticipate you opportunities, protect your company against defaults of payment and grow your business with confidence. Thanks to our insightful data you can estimate your risks in advance. And you'll be covered if your customer fails to pay or goes bankrupt. Check out here the key benefits of a trade credit insurance.

Q: How much does it cost?

For certain types of credit insurance, you pay a fixed premium, depending on your turnover. For most policies, the premium is calculated as a percentage of your turnover. In addition, you pay a limit fee for each limit you apply for. Usually the percentage is less than 0.5% of your company's turnover. Ask here a free quote

What is a trade credit insurance?

Trade credit insurance protects your business against losses due to unpaid invoices. It is an important tool that helps you optimise your working capital. With this insurance, you improve your credit management. And you can grow in a safe and responsible way.

We monitor the financial health of your customers and keep you informed - in real time - to enable you to trade with confidence. We take care of the procedures of collecting your unpaid invoices. In case of non-payment of your invoices or the bankruptcy of one of your customers, you will be indemnified for the goods and services you have delivered.

	Deliver safely on credit You have a clear overview of the creditworthiness of all your customers and prospects anywhere in the world via our online platform.

	Collection of unpaid invoices Our collectors take over the entire collection process from you. Also for customers abroad.

	More cash available You define a credit limit for your debtors. We guarantee the payment. You do not need to make a cash reserve for doubtful debtors anymore.

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Why have a trade credit insurance?

ANTICIPATE YOUR OPPORTUNITIES
Thanks to our insightful data, you can immediately react on new opportunities for safe growth. You estimate your risks in advance. You can deliver on credit where your competitors cannot.

PROTECT YOUR COMPANY AGAINST DEFAULT OF PAYMENT
A trade credit insurance protects your receivables, your working capital as well as your margins. You reinforce the strength of your business and obtain a pledge of confidence from banks and investors.

GROW YOUR BUSINESS WITH CONFIDENCE
With a trade credit insurance, you know the financial health of your customers and you estimate the risks in advance. You choose the most reliable companies to grow and develop your activities.

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How does a trade credit insurance work?

We assess the trade and payment risk of your customers and prospects. We continuously monitor this risk.
You consult this information online before doing business.
Based on the risk and our assessment, your invoice is insured, not insured or partially insured.
Your customer does not pay? Then our debt collectors will do everything in their power to collect your claim. With respect for the relationship.
You will receive compensation from us if your customer ultimately does not pay or is bankrupt.

How much does it cost?

In many cases, the premium for trade credit insurance is less than 0.5% of turnover. Contrast this with the average number of write-offs on your debtors and you will see that the investment is recovered in no time.

Trade credit insurance comes in all shapes and sizes. These also determine the price. For certain types of credit insurance, such as our SME solution Simplicity, you pay a fixed premium, depending on your turnover. For most policies, the premium is calculated as a percentage of your turnover.

The following factors determine the premium:

Your B2B turnover
The countries in which you do business
The type of customers you do business with
Your payment terms
The desired coverage percentage

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Is trade credit insurance really worth the investment?

Just a few instances of failure to pay can compromise your cash flow and have a considerable impact on the health of your business.

For example, if you have a 5% profit margin and you suffer a € 100,000 debt, you will need to win sales of € 2 million to make up for the lost profits.

In addition, your financial position can be weakened by bad debts through different potential case scenarios.. For example, in the case your cash flow might be affected, you will have less capacity for investment. Banks and financial providers could charge you higher interest. The morale of your employees may be affected if they become worried about their future in the business.

Consider these effects and what they might cost when you think about the value you will gain from trade credit insurance.

Will trade credit insurance help me if political events affect payments?

Yes. Exporters concerned about political events can also benefit from a cover in the case of a non-payment as a direct result of political events in the buyer’s country. Typical situations can be war or cancellation of a contract by the local government. Another example can be when a government imposes rules that stop goods to be exported or imported or when regulations prevent hard currency transfers.

What kind of business needs trade credit insurance?

Whatever the size of your company, you can optimize the management of your customer risk with a trade credit insurance adapted to your needs. You can thus sell on credit safely, without fearing the consequences of unpaid on your cash flow.

Every business can benefit from good credit management. Trade credit insurance is one of the most important tools for that purpose. If you are selling on open account terms to other businesses then trade credit insurance could bring many benefits. Even if you trade on other terms, we have services that can support and strengthen your trading activity.

We have designed a range of trade credit offers for different types of business and transactions. Please get in touch with us to discuss what would be most suitable for you.

Our solutions for SME's

Our solutions for large companies

Our solutions for multinationals

Our solutions for financial institutions

I have been dealing with the same buyers for years. Do I really need to worry?

Even if you have a strong relationship with your customers, they are not protected from financial difficulties

Monitoring the financial health of your clients and assessing the risk of non-payment requires real expertise in data collection and analysis. We propose you our expertise to protect your company and develop your business.

Check the financial health of your customers

Is your question not here? Or do you prefer personal contact? Then call 02 790 25 15.

Your satisfaction is our focus

We regularly ask our customers their opinion about our services. For this purpose, we work together with Ekomi. This is an independent company that guarantees the transparency and authenticity of the reviews.

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That's what clients said about us

, 10/12/2024

After sending an email I received a phone call within 15 minutes. The lady was very friendly and helped me immediately

, 02/12/2024

super service, clear and quick answer

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Our expertise and commitment

Allianz Trade is the world leader in trade credit insurance and credit management solutions. Our mission is to bring financial stability to your company and help you succeed. When you have a clear understanding of the trade and payment risks of sectors, companies and countries, you can make clear better decisions with less risk. We offer efficient solutions to protect your company and monitor your financial health.

Our trade credit insurance and risk management solutions protect you against defaults of payment and bankruptcies of your customers. Thanks to our sureties and guarantees, your business partners know you can meet your contractual obligations. And our fraud insurance covers you against losses due to both internal and external fraud.