Credit insurance is one of the safest and most flexible instruments available to protect your receivables from potential payment default. It alleviates the need to worry about unpaid invoices.
Although nowadays it may be impossible for a company to answer the important question of a client’s creditworthiness, delivery of goods, assets and services are still provided at the risk to your own balance sheet or with an unlimited credit line, almost like writing your client a blank cheque. Credit insurance offers effective protection against virtually unpredictable risks and losses caused through bad debt. It allows you to protect against short term debts while at the same time supporting your credit management.
It’s often difficult to compare insurance companies’ offers: new products are continually coming on the market, the agreements are becoming more complicated and so many special clauses make it harder to get an accurate overview as well. Find yourself a partner who can help you to choose the optimal credit insurer and get you the best conditions.
Decades of experience have given us a deep insight into the credit insurance world. We can find individual solutions which are an exact fit for every industry and company size. Whether you need new protection cover or want to know if your existing policy still meets your needs: you can benefit from our expert knowledge.
Our aim is to arrange the greatest possible cover and the optimal form of contract at the best price. Through our international network, CREDEA, we can offer you a larger variety of international insurance options through our network of partners.
Our areas of expertise
Optimise your risk management and secure your debts against payment defaults.
With the help of purchase financing you can ensure you get early payment discounts and rebates without being constrained by deadlines.
Through trade financing you can secure liquidity for trade and protect yourself against economic and political risks.
Using inventory financing you can convert your tied up capital in inventory into additional liquidity.
As with factoring, you sell your account receivables through forfaiting. Thereby profiting from additional liquidity and protecting you from bad debt.
Longer credit periods for the buyer, faster liquidity for the suppliers – with reverse factoring both profit.
With factoring you can convert your account receivables into direct liquidity and create financial freedom for your company. Additionally, you are protecting yourself against bad debt.
Through leasing, capital goods – from production machinery through to IT systems – are not purchased but instead can be used over time. As there are no purchasing costs, leasing protects the liquidity.
As your business grows so does your financing requirement. We can help you to get additional credit lines from banks.
Not all invoices are paid within the due date – in these situations debt collection companies can help you with the dunning process right through to legal foreclosure.
Trust is good but knowing in advance is better: avoid payment defaults and get credit references and credit worthiness reports about your business partner.
Capital goods credit insurance
Using capital goods credit insurance, safeguard production risks as well as lengthy credit periods.
Guarantee and surety insurance
With guarantee and surety insurance, the insurer undertakes warranties, guarantees and similar sureties in order to fulfil your liabilities.
Additional Top-up cover helps to avoid shortfalls in credit insurance policies.
Single-buyer credit insurance protects you against the default risk of individual buyers.
The multi-buyer policy is a special type of credit insurance which allows you to insure a selected group of clients.
Preferential payment insurance
Protect yourself with retrospective coverage against insolvency disputes.
A lot of business transactions are based on trust. Insure your company against abuse of this trust from personnel or fraudulent internet crime.