The Credit Insurance Market
The credit insurance market is estimated at around $6.0 billion premium by the International Credit Insurance and Surety Association.
Historically the portfolio market has been dominated by the top three global credit insurers; Euler Hermes, Atradius and Coface. While these carriers continue to dominate, there are smaller, more agile insurers whose market share is increasing. Some of these particularly focus on single risk solutions for selected portfolios and gap coverage through Top Up and Excess structures.
London’s pre-eminence as a world finance and trade centre has resulted in a sophisticated and competitive Trade Credit Insurance market.
The insurers listed here are rated by agencies such as Moody’s and Standard & Poor’s at an investment grade level and provide a range of policies to protect the seller against most of the risks that cause payments to fail. Usually referred to as Trade Credit Insurance, Credit Insurance or Bad Debt Insurance, cover falls broadly within two risk categories:
Commercial Risk Insurance: Covers non payment of debts due to insolvency (administrative receivership, bankruptcy, liquidation) or protracted default (failure to pay for goods or services provided in accordance with a contract).
Political Risk Insurance: Included on policies with an export component to cover situations where the actions of government cause the payment failure. Examples include public buyer default, export restrictions, import restrictions, political events, foreign currency shortages or restrictions, in-convertibility, contract termination and contract frustration.
Aon UK Limited is authorised and regulated by the Financial Conduct Authority. FPNAT511
AIG
AIG Europe Ltd are a world leading US-based international insurance and financial services organisation securitised with US government backing. AIG Trade Credit Insurance policies are offered mainly to companies and financial institutions with larger turnovers. Their AIG Trade+ policy combines ground up cover with non-cancellable credit limits and works by direct connection to a policy holder’s accounts package. Other structures are also available usually with aggregate first losses in excess on £100,000 coupled to a high discretionary limit.
Products and Services
Credit Insurance: Whole turnover, Top Account, Excess of loss, Global trade credit, Supplier default insurance.
Bonds and Guarantees: Most surety types available to companies with a net worth in excess of £30M requiring lines over £10M.
Why use a Broker?
Very few policy holders of any type of insurance would purchase or renew a policy without wanting to know whether they have the best cover at the best cost. Equally, a significant proportion of insurers will not issue a Credit Insurance policy without a broker. As specialist Credit Insurance Brokers we can negotiate terms with not only AIG, but all other suitable insurers (without any additional time commitment from you) so that you can choose the most appropriate solution knowing that you have been fully informed of all the options.
At Aon, we always work on the behalf the client and we pride ourselves on our ability to proactively manage most aspects of your Credit Insurance policy, being able to advise you where you are trading outside the terms of the cover in place – not just during the sales process, but also on an ongoing basis throughout the life of the policy. We provide on-going support all the way through the policy period helping to negotiate credit limit cover, and assisting with claims submissions to maximise your claim payments if required.
To discuss your requirements please contact us or Request A Quote
Atradius
Able to trace its roots back to the foundation of NCM Credit Insurance in 1925, Atradius is the oldest commercial credit insurer. A truly global company with over 160 offices in 50 countries and one of the largest insurers with Eur1.8bn of premium revenue in 2018. The group retains its reputation as an expert in export Credit Insurance alongside a constantly evolving product range.
They offer a core policy wording with additional modules to reflect specific requirements which allows flexibility. All policies include a comprehensive collection, legal and recoveries service, usually at no additional cost for insured debt. A knowledgeable Customer Services team have the authority to agree lower value credit limits. Atradius are also licensed to underwrite in a wide range of territories and also publish regular sector and market intelligence information.
Products and Services
Credit Insurance: Whole turnover, single situation/buyer, named accounts, excess of loss, non cancellable limits.
Special Products: Advance Payment Cover, Pre Export finance cover, Unfair Bond calling, Confiscation of overseas assets, Bonds.
Additional Services: Debt collection, Online portal Atradius Atrium available 24/7.
Why use a Broker?
Very few policy holders of any type of insurance would purchase or renew a policy without wanting to know whether they have the best cover at the best cost. Equally, a significant proportion of insurers will not issue a Credit Insurance policy without a broker. As specialist Credit Insurance Brokers we can negotiate terms with not only Atradius, but all other suitable insurers (without any additional time commitment from you) so that you can choose the most appropriate solution knowing that you have been fully informed of all the options.
At Aon, we always work on the behalf the client and we pride ourselves on our ability to proactively manage most aspects of your Credit Insurance policy, being able to advise you where you are trading outside the terms of the cover in place – not just during the sales process, but also on an ongoing basis throughout the life of the policy. We provide on-going support all the way through the policy period helping to negotiate credit limit cover, and assisting with claims submissions to maximise your claim payments if required.
To discuss your requirements please contact us or Request A Quote
Chubb
Chubb European Group is the European arm of the world’s largest publicly traded property and casualty insurance company. Previously known as ACE Ltd, ACE completed the acquisition of Chubb in 2016 and adopted the name. The business has grown rapidly both financially and geographically, with representation in over 50 trade centres. Chubb Trade Credit insurance policies include multi-buyer policies with high discretionary limits, large single “blue chip” risks, top account cover, syndicated risks as well as a broad range of bonds and guarantees and are aimed at larger companies (over £50m turnover).
They are experienced political risk underwriters licensed to underwrite credit insurance and surety in 140 global markets.
Products and Services
Credit Insurance: Specific account, Top account, Excess of loss.
Bonds and Guarantees: HM Revenue & Customs, Government, Travel, Performance, Payment, Admiralty, Contract, Court and Legal.
Why use a Broker?
Very few policy holders of any type of insurance would purchase or renew a policy without wanting to know whether they have the best cover at the best cost. Equally, a significant proportion of insurers will not issue a Credit Insurance policy without a broker. As specialist Credit Insurance Brokers we can negotiate terms with not only Chubb, but all other suitable insurers (without any additional time commitment from you) so that you can choose the most appropriate solution knowing that you have been fully informed of all the options.
At Aon, we always work on the behalf the client and we pride ourselves on our ability to proactively manage most aspects of your Credit Insurance policy, being able to advise you where you are trading outside the terms of the cover in place – not just during the sales process, but also on an ongoing basis throughout the life of the policy. We provide on-going support all the way through the policy period helping to negotiate credit limit cover, and assisting with claims submissions to maximise your claim payments if required.
To discuss your requirements please contact us or Request A Quote
Coface
Coface was founded in 1946 in France and is now a worldwide leader in offering domestic and export Credit Insurance to all sizes of companies from SMEs to multinationals. The Group also provides business information and debt collection. Present directly or indirectly in 100 countries, Coface’s 4,500 employees secure the transactions of 40,000 clients in 200 countries. Listed on the French Stock Exchange, the Group is rated AA- by Fitch and A2 by Moody’s reflecting its solid financial position and ability to fulfil its commitments.
Coface has been present in the UK since 1993. Over 125 employees in offices in London, Watford, Birmingham and Manchester provide a local service to companies trading domestically and exporting.
Coface’s TradeLiner service offers a solution for large and smaller companies alike. It provides a comprehensive range of core benefits and is customisable with a large number of options, backed up with a comprehensive online policy management system. Coface is a leading international credit insurer and offer choices for multinationals through the Global Solutions offer with its Dashboard for optimising risk management performance. Coface also has an experienced Political Risk Insurance division and Credit Reports and Debt Collection are also available.
Products and Services
Credit Insurance: Whole Turnover, Excess of Loss, Single Buyer, Top Up.
Additional Products: Political Risk Insurance, Credit Reports, Debt Collection.
Why use a Broker?
Very few policy holders of any type of insurance would purchase or renew a policy without wanting to know whether they have the best cover at the best cost. Equally, a significant proportion of insurers will not issue a Credit Insurance policy without a broker. As specialist Credit Insurance Brokers we can negotiate terms with not only Coface, but all other suitable insurers (without any additional time commitment from you) so that you can choose the most appropriate solution knowing that you have been fully informed of all the options.
At Aon, we always work on the behalf the client and we pride ourselves on our ability to proactively manage most aspects of your Credit Insurance policy, being able to advise you where you are trading outside the terms of the cover in place – not just during the sales process, but also on an ongoing basis throughout the life of the policy. We provide on-going support all the way through the policy period helping to negotiate credit limit cover, and assisting with claims submissions to maximise your claim payments if required.
To discuss your requirements please contact us or Request A Quote
Credendo
Credendo is a European trade credit insurance group that covers worldwide risks, including emerging markets that many other insurers will not offer cover for. Their trade credit insurance solutions include whole turnover credit insurance, single risk credit insurance, excess of loss policies, top-up cover and surety.
Credendo’s standard whole turnover policy and single risk policy provides credit, political and potentially, contract cancellation cover. Their Excess of Loss solution allows companies to protect themselves against the risk of payment default without having to comply with imposed credit limits or involvement from the insurer. Top up cover can be provided enabling cover over the limits set by a traditional credit insurer.
Credendo is the collective name for the companies previously known as Ducroire Delcredere, Credimundi, KUPEG, INGO-ONDD, Garant and Trade Credit, who as of January 2017 now all trade under ‘Credendo’.
Credendo are a leading underwriter for open account trade to developing, emerging and higher risk markets. A wide variety of policy structures and endorsements are available with a comparatively low minimum premium. Knowledgeable and experienced export debt recovery service.
Products and Services
Credit Insurance: Whole turnover, Specific debtor risk. Excess of Loss, Top Up.
Cover options include unfair bond calling, contract cancellation, project-style contracts, advance payment/performance, consignment contracts, if/when or pay when paid contracts.
Why use a Broker?
Very few policy holders of any type of insurance would purchase or renew a policy without wanting to know whether they have the best cover at the best cost. Equally, a significant proportion of insurers will not issue a Credit Insurance policy without a broker. As specialist Credit Insurance Brokers we can negotiate terms with not only Credendo, but all other suitable insurers (without any additional time commitment from you) so that you can choose the most appropriate solution knowing that you have been fully informed of all the options.
At Aon, we always work on the behalf the client and we pride ourselves on our ability to proactively manage most aspects of your Credit Insurance policy, being able to advise you where you are trading outside the terms of the cover in place – not just during the sales process, but also on an ongoing basis throughout the life of the policy. We provide on-going support all the way through the policy period helping to negotiate credit limit cover, and assisting with claims submissions to maximise your claim payments if required.
To discuss your requirements please contact us or Request A Quote
Equinox
Equinox is a Lloyds of London Cover holder, underwriting on behalf of four multiline insurance syndicates and seeks to reduce volatility in credit management by offering certainty of cover and increased transparency in underwriting. A comprehensive range of policies are available to cover both domestic and export risks and Equinox are licensed to write business in numerous countries. Excess of Loss and Key Account policies enjoy non-cancellable limits while Whole Turnover and Key Account policies can also be written under their Trigger Policy, where limits are only reviewed on specific agreed public-domain events (e.g late filing of accounts) and after consultation with the policy underwriter, 30 days notice is then given on any changes. Equinox target larger companies with high quality credit management and good standing in their industry and high discretionary limits are standard.
Equinox offer cancellable limits with a clear “trigger” and non cancellable credit limits demonstrate their mission to work closely with their customers in a transparent way.
Products and Services
Credit Insurance: Excess of Loss, Key Buyer, Top UP and Whole Turnover
Why use a Broker?
Very few policy holders of any type of insurance would purchase or renew a policy without wanting to know whether they have the best cover at the best cost. Equally, a significant proportion of insurers will not issue a Credit Insurance policy without a broker. As specialist Credit Insurance Brokers we can negotiate terms with not only Equinox, but all other suitable insurers (without any additional time commitment from you) so that you can choose the most appropriate solution knowing that you have been fully informed of all the options.
At Aon, we always work on the behalf the client and we pride ourselves on our ability to proactively manage most aspects of your Credit Insurance policy, being able to advise you where you are trading outside the terms of the cover in place – not just during the sales process, but also on an ongoing basis throughout the life of the policy. We provide on-going support all the way through the policy period helping to negotiate credit limit cover, and assisting with claims submissions to maximise your claim payments if required.
To discuss your requirements please contact us or Request A Quote
Euler Hermes
Euler Hermes UK was previously known as Trade Indemnity Plc (founded in 1918), who were the largest domestic credit insurance underwriter within the UK, and is now part of Allianz. A global power in Credit Insurance, Euler Hermes is present in 51 countries employing over 6,000 staff and underwriting approximately 36% of the global Credit Insurance market. Euler Hermes, together with ECGD, monopolised the UK bad debt protection market for many years before new underwriting companies started entering this class of insurance during the 1970’s and 1980’s. As a result of this heritage, Euler Hermes UK offer probably the widest spread of cover options available and account for the largest share of domestic Credit Insurance policies underwritten today. Euler Hermes, known and respected throughout the banking and finance sectors, provides bad debt protection through Whole Turnover and Excess of Loss policies for both domestic and export sales.
Euler Hermes are the largest European and worldwide regional risk office network of analysts dedicated to proactive proprietary information gathering in aid of underwriting on behalf of its clients.
They offer a comprehensive range of credit insurance policy wordings to cover a wide variety of trade credit patterns.
Products and Services
Credit Insurance: Whole turnover, Specific account, Top account, Top Up, Excess of loss.
Bonds & Guarantees: Performance, Advance Payment, Retention, Road & Sewer, HM Revenue & Customs & Construction.
Additional Services: Debt Collection, Credit Information.
Why use a Broker?
Very few policy holders of any type of insurance would purchase or renew a policy without wanting to know whether they have the best cover at the best cost. Equally, a significant proportion of insurers will not issue a Credit Insurance policy without a broker. As specialist Credit Insurance Brokers we can negotiate terms with not only Euler Hermes, but all other suitable insurers (without any additional time commitment from you) so that you can choose the most appropriate solution knowing that you have been fully informed of all the options.
At Aon, we always work on the behalf the client and we pride ourselves on our ability to proactively manage most aspects of your Credit Insurance policy, being able to advise you where you are trading outside the terms of the cover in place – not just during the sales process, but also on an ongoing basis throughout the life of the policy. We provide on-going support all the way through the policy period helping to negotiate credit limit cover, and assisting with claims submissions to maximise your claim payments if required.
To discuss your requirements please contact us or Request A Quote
Markel
AM Best, the rating agency say of Markel “Excellent historical operating performance derived from proven underwriting expertise and strong, conservative reserving practices have built these businesses into a well regarded franchise.” The Trade Credit Insurance division targets medium to large companies with mature and effective risk management capabilities. In addition to traditional credit insurance policies they also write voyage or charter cover, anticipatory credit and captive reinsurance.
Markel offer certainty of cover with non cancellable credit an country limits.
Products and Services
Credit Insurance: Excess of Loss, Multi Buyer Whole Turnover & Specific Account
Why use a Broker?
Very few policy holders of any type of insurance would purchase or renew a policy without wanting to know whether they have the best cover at the best cost. Equally, a significant proportion of insurers will not issue a Credit Insurance policy without a broker. As specialist Credit Insurance Brokers we can negotiate terms with not only Markel, but all other suitable insurers (without any additional time commitment from you) so that you can choose the most appropriate solution knowing that you have been fully informed of all the options.
At Aon, we always work on the behalf the client and we pride ourselves on our ability to proactively manage most aspects of your Credit Insurance policy, being able to advise you where you are trading outside the terms of the cover in place – not just during the sales process, but also on an ongoing basis throughout the life of the policy. We provide on-going support all the way through the policy period helping to negotiate credit limit cover, and assisting with claims submissions to maximise your claim payments if required.
To discuss your requirements please contact us or Request A Quote
Nexus Trade Credit
Nexus Trade Credit, previously known as CIFS, was established in 2000 originally as a division of Novae Underwriting Ltd, part of the Novae Group Plc. CIFS later become an underwriting partner of Nexus Group, founded in 2008 and one of the largest speciality Managing General Agents (MGAs) in the London market. Trade Credit Insurance policies are underwritten by Liberty Mutual Insurance Europe and a number of Lloyd’s syndicates, currently Liberty, Novae, AmTrust, Amlin, Canopius and Barbican. A leading on-line Credit Insurance underwriter, Nexus Trade Credit are known for their pragmatic view on risks both domestic and export risks on Whole Turnover, Single Risk and Catastrophe (Excess of Loss) bases. Credit Insurance is available for established companies up to a £20 million maximum policy limit for whole turnover policies, or a US$20 million maximum line on a single risk policy.
Policies are normally priced to include credit limits and supported by an online system with a facility to view available exposure on a particular buyer risk. Nexus Trade Credit allocate a dedicated Risk Underwriter for all policy holders who will discuss credit limits with you directly. The system also includes the First Limit product which facilitates trading under a Discretionary Limit. Nexus Trade Credit have strategic alliances with other credit service companies in support of policyholder’s credit management. Claims are operated via a leading loss adjuster, Cunningham Lindsey UK, and have debt collection support through STA International.
Products and Services
Credit Insurance: Whole Turnover, Excess of loss, Single Risk.
Additional Products: First Place (Collections), First Limit (D/L Justification) and First Select (Marketing Campaign/Lead Generation Tool).
Why use a Broker?
Very few policy holders of any type of insurance would purchase or renew a policy without wanting to know whether they have the best cover at the best cost. Equally, a significant proportion of insurers will not issue a Credit Insurance policy without a broker. As specialist Credit Insurance Brokers we can negotiate terms with not only Nexus Trade Credit, but all other suitable insurers (without any additional time commitment from you) so that you can choose the most appropriate solution knowing that you have been fully informed of all the options.
At Aon, we always work on the behalf the client and we pride ourselves on our ability to proactively manage most aspects of your Credit Insurance policy, being able to advise you where you are trading outside the terms of the cover in place – not just during the sales process, but also on an ongoing basis throughout the life of the policy. We provide on-going support all the way through the policy period helping to negotiate credit limit cover, and assisting with claims submissions to maximise your claim payments if required.
To discuss your requirements please contact us or Request A Quote
QBE
QBE provides tailored Credit Insurance policies to suit businesses’ credit risk management needs – local, global, domestic or export, for those wishing to cover the entirety of their sales ledger, major accounts or specific risks. As one of the largest global multi-line insurance groups, clients benefit from the security of QBE’s A+ financial rating and the risk capacity that QBE can offer.
Every policy holder has direct access to an assigned sector specialist risk underwriter. Quick, informed decisions from commercial and risk underwriters with outstanding risk sector, buyer and country knowledge. QBE are recognised for exceptional customer service across policy management, risk underwriting and claims. Policies are supported by one global Trade Credit policy management system redesigned and launched as recently as 2015.
Products and Services
Credit Insurance: Comprehensive; Selective suite comprising: Major Debtors, Top Account, Agreed Account, Single Account; Excess of Loss, Top Up.
Additional Products: Tenant Default, Factors and Invoice Discounting, Supply Chain Finance, Trade Finance, Supplier Default, Stock Finance.
Bonds & Guarantees: Contract Bonds, HMRC Bonds, Rail Bonds, Rural Payments Agency Bonds, Road & Sewer Bonds.
Why use a Broker?
Very few policy holders of any type of insurance would purchase or renew a policy without wanting to know whether they have the best cover at the best cost. Equally, a significant proportion of insurers will not issue a Credit Insurance policy without a broker. As specialist Credit Insurance Brokers we can negotiate terms with not only QBE, but all other suitable insurers (without any additional time commitment from you) so that you can choose the most appropriate solution knowing that you have been fully informed of all the options.
At Aon, we always work on the behalf the client and we pride ourselves on our ability to proactively manage most aspects of your Credit Insurance policy, being able to advise you where you are trading outside the terms of the cover in place – not just during the sales process, but also on an ongoing basis throughout the life of the policy. We provide on-going support all the way through the policy period helping to negotiate credit limit cover, and assisting with claims submissions to maximise your claim payments if required.
To discuss your requirements please contact us or Request A Quote
Tokio Marine HCC
Owned by Tokio Marine since 2015, the hitherto HCC provide a broad range of solutions beyond their core strength as a construction sector specialist. Tokio Marine HCC offer whole turnover and specific debtor policies, with a developing export risk capability, and these are complemented through their International division by more specialist options including Excess of Loss policies and non-cancellable limits.
The construction sector expertise is supported by their strong surety division, their partnership with Nelson solicitors (who can provide a bespoke debt collection service to clients), and qualified quantity surveyors within their claims team.
Tokio Marine HCC policies have a concise core policy wording which enables a flexible approach to underwriting and commercial approach to claims.
Products and Services
Credit Insurance: whole turnover, specific debtor (up to £3m limit), political risk, excess of loss, non-cancellable credit limits. Specialist policies include: political risk cover for overseas investors, contract non-performance for commodity traders, creditor/counterparty default for banks/financial institutions, contract frustration for contractors/exporters.
Bonds & Guarantees: wide range including Advance Payment, Performance, Retention etc
Why use a Broker?
Very few policy holders of any type of insurance would purchase or renew a policy without wanting to know whether they have the best cover at the best cost. Equally, a significant proportion of insurers will not issue a Credit Insurance policy without a broker. As specialist Credit Insurance Brokers we can negotiate terms with not only Tokio Marine HCC, but all other suitable insurers (without any additional time commitment from you) so that you can choose the most appropriate solution knowing that you have been fully informed of all the options.
At Aon, we always work on the behalf the client and we pride ourselves on our ability to proactively manage most aspects of your Credit Insurance policy, being able to advise you where you are trading outside the terms of the cover in place – not just during the sales process, but also on an ongoing basis throughout the life of the policy. We provide on-going support all the way through the policy period helping to negotiate credit limit cover, and assisting with claims submissions to maximise your claim payments if required.
To discuss your requirements please contact us or Request A Quote
UK Export Finance
UK Export Finance (UKEF) is an established UK government department whose purpose is to grow UK exports. They do this by providing insurance to exporters (Credit Insurance and bond insurance), guarantees to banks to support funding lines for UK exporters and lending directly to companies e.g. to overseas buyers of UK goods.
UKEF’s Credit Insurance complements the commercial market by covering buyers when the commercial insurers are unable to. As such, the cover is typically for developing or emerging markets. The policy is specific to one buyer, can be for single or multiple orders, for work in progress as well as credit risk and will cover the usual causes of loss: insolvency, protracted default, political risk events. Limits are usually non cancellable with premium payable up front. The goods/service being sold must have minimum 20% UK content and, for EU and certain OECD countries, the manufacturing and credit period must exceed 2 years.
UK Export Finance are the only underwriter to provide single debtor cover for lower value credit limits in emerging/developing markets. Usually able to provide cover when commercial market options are not available.
Products and Services
Credit Insurance: single debtor export credit insurance
- Overseas investment insurance
- Bond insurance: unfair bond calling and fair calling due to political events
- Bonds Support Scheme: guarantee provided to a bank issuing a bond on behalf of a UK company to support an export contract.
- Export Working Capital: guarantee issued to a bank to support working capital funding provided for a UK export contract.
- Buyer support: either direct lending to overseas companies purchasing UK goods/services (minimum contract value £5m) or by providing a guarantee to an overseas bank who provide the funding locally.
- Supplier credit: guarantee given to a bank to cover payments due under usance Bills of Exchange/promissory notes purchased from a UK company who, in turn, has received them in payment for an export transaction.
Why use a Broker?
Very few policy holders of any type of insurance would purchase or renew a policy without wanting to know whether they have the best cover at the best cost. Equally, a significant proportion of insurers will not issue a Credit Insurance policy without a broker. As specialist Credit Insurance Brokers we can negotiate terms with not only UK Export Finance, but all other suitable insurers (without any additional time commitment from you) so that you can choose the most appropriate solution knowing that you have been fully informed of all the options.
At Aon, we always work on the behalf the client and we pride ourselves on our ability to proactively manage most aspects of your Credit Insurance policy, being able to advise you where you are trading outside the terms of the cover in place – not just during the sales process, but also on an ongoing basis throughout the life of the policy. We provide on-going support all the way through the policy period helping to negotiate credit limit cover, and assisting with claims submissions to maximise your claim payments if required.
To discuss your requirements please contact us or Request A Quote
Zurich
Zurich Verischerung AG is a member of the Zurich Financial Services Group, an insurance based financial services provider with a global network of subsidiaries and offices in North America and Europe as well as in Asia Pacific, Latin America and other markets. Founded in 1872, the Group is headquartered in Zurich with the Credit headquarters in Frankfurt, employing approximately 60,000 people serving customers in more than 170 countries. Zurich offer Credit Insurance cover for domestic and export debts under whole turnover, catastrophe and specific account policies. The policies cover commercial and, in some cases, political risk and are aimed at medium-sized companies and multinationals. UK underwriting units are based in London and Manchester.
Products and Services
Credit Insurance: Whole turnover, Specific account, Top account, Excess of loss.
Bonds & Guarantees: Performance, Advance Payment, Retention, Road & Sewer, HM Revenue & Customs, Construction & Travel.
Why use a Broker?
Very few policy holders of any type of insurance would purchase or renew a policy without wanting to know whether they have the best cover at the best cost. Equally, a significant proportion of insurers will not issue a Credit Insurance policy without a broker. As specialist Credit Insurance Brokers we can negotiate terms with not only Zurich, but all other suitable insurers (without any additional time commitment from you) so that you can choose the most appropriate solution knowing that you have been fully informed of all the options.
At Aon, we always work on the behalf the client and we pride ourselves on our ability to proactively manage most aspects of your Credit Insurance policy, being able to advise you where you are trading outside the terms of the cover in place – not just during the sales process, but also on an ongoing basis throughout the life of the policy. We provide on-going support all the way through the policy period helping to negotiate credit limit cover, and assisting with claims submissions to maximise your claim payments if required.
To discuss your requirements please contact us or Request A Quote