FAQS

  Managing bad debt is a critical component of sustaining business health in the trade credit insurance sector. Defined as an irrecoverable receivable, bad debt occurs when a customer is unable to fulfil their payment commitments, significantly impacting a company’s cash flow and necessitating adjustments in accounts receivable. This not only affects immediate financial stability […]

Insolvency occurs when a business is unable to pay its financial obligations, signalling a need for immediate action and reassessment of financial strategies. While poor cash flow management is a common culprit, insolvency can also stem from broader issues like market downturns, sudden drops in demand, or even global political risk. In this unpredictable economic […]

Safeguarding your business against unforeseen risks is a critical concern. A pivotal, yet often overlooked, element is the comprehensive coverage of political risk within trade credit insurance policies. Political risks span a wide array of issues. These include governmental changes, economic instability, war, and other geopolitical events that can disrupt trade agreements and payment schedules. […]

Businesses in Australia are undergoing significant changes in their credit fundamentals and economic stability. Credit and fraud risks in these markets involve potential financial losses when customers fail to pay on time. These risks are heightened by the less predictable legal environments in emerging economies. Investor perspectives are evolving due to this paradigm shift. Whereas […]

    In the dynamic realm of global commerce, businesses face a critical question: How can trade credit insurance be effectively utilised to safeguard financial health and foster growth? This comprehensive exploration delves into the intricacies of trade credit insurance, offering strategic insights for businesses aiming to leverage this tool for maximum benefit. What Exactly […]

Running a business is no mean feat, especially when it comes to managing your cash flow. To stay competitive and, more importantly, keep operations running smoothly, businesses must have an arsenal of risk management tools. One effective way businesses can stay proactive in managing financial risk is trade credit insurance. To give businesses greater insight […]

Despite trade credit insurance being an effective risk management tool, there are still several misconceptions surrounding it. This article will debunk common misconceptions about this credit risk mitigation strategy. Understanding Trade Credit Insurance Trade credit insurance is a type of insurance policy that protects businesses or suppliers of goods and services against losses from clients […]

The world is full of uncertainties, and it’s no secret that managing your credit risk can be challenging in unpredictable times. With the financial market constantly fluctuating, it’s essential to have a solid plan to protect yourself from potential losses. This blog post will provide tips on mitigating credit risks during uncertain times. These actionable […]

Trade credit is an integral part of B2B transactions because it allows customers to purchase goods and services on credit. This can encourage sales and facilitate business growth. However, any time you provide goods or services on credit, you increase your business’s exposure to late payment or default. Hence, before extending credit to your customers, […]

Political risk insurance is a subset of private insurance, used to cover infrastructure developers, importers and exporters, and other such companies from financial loss, due to the forced abandonment of a project or a client due to political instability in a country or region. This can be due to government action, political violence, and other […]

International trade is generally considered a rewarding venture for businesses. As a trader, exporting goods or services to foreign markets allows you to expand your customer base and access new markets, which can help boost business growth. However, cross-border trade can sometimes be risky, even in the most developed markets. So you must be extra […]

Export insurance is specialised insurance coverage designed to protect a trader’s foreign accounts receivable. As an international trader, dealing with foreign buyers can be challenging. Things can get even more complicated when you advance credit to a trader with a low credit rating. This can pose a danger to the continuity of your business. Luckily, […]

Are you looking to increase your trade and sales while reducing the cost of credit management? A key account trade credit insurance policy might be what you need. This policy provides protection and financial flexibility and can potentially reduce costs. What is a key account trade credit insurance policy? How could it benefit you? Let’s […]

When insuring a company operating in a developing country, offering political risk coverage is one of the most important things an insurer can do. You can find this protection from a financial institution, public agency, or private insurance company. While the details of each policy may differ, they all have the same goal- to protect […]

Structured trade credit insurance protects your business from financial loss due to credit default risks, such as political risks and customer non-payment, bankruptcy, or insolvency. It helps you to secure trade contracts quickly and confidently while protecting against potential risks. How Does Structured Trade Credit Insurance Work? Structured trade credit insurance works by shielding your […]