Currently growth is difficult to achieve, unpaid debts are on the rise (40% of invoiced amounts in Europe, according to the 2016 Atradius payment practices barometer) and defaults are expected to surge. With all these risk factors, it is crucial to maintain a careful focus on securing your receivables. In today’s world, credit insurance is clearly associated with best management practices by all your financial partners.
Credit insurance, a high-performance solution to control your customer risk
You need to anticipate insolvency risk and cover your unpaid invoices
“I need access to reliable information and appropriate cover to protect against non-payment risk, especially in these uncertain times when we are seeing more and more businesses go under and we need to protect our margins.”
Chief Financial Officer of a regional building materials retailer
You are working with new customers in countries where the risk is higher
“The nature of our business is such that we need to seek out new markets internationally, especially in the BRIC countries. I need support to expand in these countries, where it is harder to control customer risk.”
Chief Financial Officer of an auto parts subcontractor SME
You need to have an independent assessment of the risk on one of your key customers, while being protected against a major claim
“We have an experienced credit management team that monitors our main customers closely. Given the recent major insolvencies in our business sector, we need a solution that will protect us against an exceptional build-up of risk.”
Chief Executive Officer of a cosmetics multinational
You consider the coverage rate of your customer receivables to be insufficient
“We are finding that the coverage rate on our buyers is deteriorating more and more. We need to put in place additional insurance to enable us to optimise our primary cover.”
CEO of a regional construction company
You have set up a full factoring agreement but your policy’s coverage rate does not give you access to an adequate level of financing
“To secure our growth and investments, we need to optimise the financing of our customer receivables with the help of appropriate cover from a credit insurer.”
Finance director of an IT-sector SME
You wish to harmonize the credit insurance policies used by each of your international subsidiaries
“In our multinational group, each subsidiary is independently managed. There are contractual and price disparities in our insurance policies and we need to construct an overall insurance program to optimise our cover and our costs.”
International development director of an industrial group
Make an appointment with our experts
