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.
Ultimately, we are there to quickly replace money lost through bad debt
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
We help in securing trade finance which improves banking relationships and access to finance
Improve profitability by safely increasing your exposure to more customers
It helps you remain competitive by enabling you to offer open credit when your competitors can't
It facilities expansion with security and allows you to deal confidently with new clients and increase credit lines to existing ones
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
It provides you with confidence to enter new markets, including overseas
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.
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.
Watch the video on how Abbey Glass, a bespoke glass and glazing business based in South Wales, use credit insurance.
Find out about the challenges our customers face and how our credit insurance solutions help them:
Standard & Poor’s rating
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.
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.
Use trade credit insurance to protect cash flow and receivables
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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.
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.