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Trade Credit Insurance

Be safe. Be reliable. Be strong.

What is trade credit insurance?

Trade credit insurance covers your receivables due within 12 months so that your cash flow is safeguarded.

Our information tracks the financial health of your customers and we update you so that you can trade with confidence.

If your customers become insolvent or fall into protracted default, you will be indemnified for the cost of goods and services you have delivered.

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How does it work?

Customer health check
We analyse the credit worthiness and financial stability of your customers.
Credit limit calculated
Each customer has a limit which is the maximum amount we will indemnify if that customer fails to pay.
Business as usual
You trade with your existing customers as you wish, with the risk covered up to the limit.
Trading limit updates
We keep you informed of adjustments to limits as they may be raised or reduced when conditions change.
Business building
You check the credit worthiness of potential new customers. We confirm agreement or explain if your request is declined.
Making a claim
If a customer fails to pay, then you give us full information.
We investigate and indemnify you for the insured amount if policy terms have been met.

Top 10 Reasons to Buy Trade Credit Insurance

  1. Protection
    Ultimately, we are there to quickly replace money lost through bad debt
  2. Speed
    It helps you make the right decisions more quickly, improving efficiency and ultimately profitability
  3. Peace of Mind
    Feel safe in the knowledge that your outstanding invoices are protected
  4. Funding
    We help in securing trade finance which improves banking relationships and access to finance
  5. Profitability
    Improve profitability by safely increasing your exposure to more customers
  6. Competitiveness
    It helps you remain competitive by enabling you to offer open credit when your competitors can't
  7. Growth
    It facilitates expansion with security and allows you to deal confidently with new clients and increase credit lines to existing ones
  8. Information
    You gain access to greater customer intelligence that leads to balanced risk decisions
  9. Cash Flow
    It complements and enhances existing credit control procedures to improve Days Sales Outstanding's
  10. Confidence
    It provides you with confidence to enter new markets, including overseas

Our customer’s stories

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Watch the video on how Abbey Glass, a bespoke glass and glazing business based in South Wales, use credit insurance.

Why work with us?

Global leader
70+
countries worldwide
Predictive insights
83m
businesses monitored
Solid foundation
AA
Standard & Poor’s rating

Choose solutions based on your company size

Trade credit insurance for small businesses

If you’re concerned about bad debts holding your business back, peace of mind is a step away.  Simplicity is designed to cut the time you spend managing customer debts so that you can focus on what you do best: building the business.
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Trade credit insurance for medium and large

Use trade credit insurance to protect cash flow and receivables, find out how it works and how we provide tailored risk management solutions for Medium & Large companies.
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Manage risk for international business growth

This programme is exclusively for organisations operating across two or more countries with business turnover over £500 million. Our expert team knows that, as a large multinational, your financial structures are complex, so they build and manage bespoke programmes of credit insurance and related services specifically for you.
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To find out more about our services get in touch with us today

Contact form

Please fill out this short form and we will be in touch.

At Euler Hermes we value your time and will try to respond to your enquiry on the same working day. ​

Some questions may take a little longer to answer, but we ​aim to provide you with a response within 3 working days.
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The risk of non-payment is always present even when you believe your customers are trustworthy businesses. Trade credit insurance covers you for commercial and political risks that might prevent payment of monies owed to you. With our trade credit insurance you can avoid customer insolvency and mitigate non-payment risks. We monitor the financial health of your customers and grade them to provide you with a simple scoring system. You can then set trading limits to control the size and frequency of orders you will accept, whether from new or existing customers. We monitor the grades constantly and inform you of grade changes based on the financial challenges your customers may be facing. You can then adjust your trading limits to manage the credit risk. We also offer debt collection services to support your own processes and optimise payment rates. Your banking and commercial relationships will improve when you have trade credit insurance.

What support do you need?

 

Business Growth Tips, Strategies & Insights.

We can help your business to grow safely, export and prevent business risks with insights from our Euler Hermes experts.

Customer Help and Support

We know trade credit insurance can be complicated, so we’ve created Customer Support to help you manage your policy and make your life easier.

We want to hear from you.

For any requests about our product and solutions, call us or fill in the contact form and our teams will contact you.

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