The Middle East and North Africa (MENA) region boast a vibrant yet complex economic environment, where businesses face various challenges in managing trade risks.

Corporate institutions across MENA encounter challenges, ranging from risks associated with payment defaults and risk of insolvencies from their customers. Data from Allianz Research suggest that companies in 2 GCC countries (Namely UAE and Bahrain) have a medium to sensitive risk of non-payment from their buyers. In such a landscape, Trade Credit Insurance emerges as a valuable tool for to navigate uncertainties and bolster their operations.

How to Overcome Challenges with Trade Credit Insurance

Trade Credit Insurance offers a robust solution to mitigate risks and fortify the financial resilience of businesses operating in MENA. By providing coverage against non-payment due to insolvency, protracted default, geo-political events, Trade Credit Insurance shields businesses from potential losses. Furthermore, it enables businesses to extend credit to buyers with confidence, thereby stimulating trade activities and fostering sustainable growth.

The proactive management of credit risks through Trade Credit Insurance, allows businesses to expand their client base, penetrate new markets, and enhance competitiveness. Additionally, it facilitates smoother access to financing, a crucial aspect for businesses navigating the MENA region's trade landscape.

No one relishes the prospect of making an insurance claim. But when your business has found it impossible to recover a substantial overdue payment from a customer, it’s reassuring to know that trade credit insurance is there as a safety net.

Allianz Trade in Middle East Sponsor of GTR MENA

Trade Credit Insurance offers a robust solution to mitigate risks and fortify the financial resilience of businesses operating in MENA. By providing coverage against non-payment due to insolvency, protracted default, geo-political events, Trade Credit Insurance shields businesses from potential losses. Furthermore, it enables businesses to extend credit to buyers with confidence, thereby stimulating trade activities and fostering sustainable growth.

The proactive management of credit risks through Trade Credit Insurance, allows businesses to expand their client base, penetrate new markets, and enhance competitiveness. Additionally, it facilitates smoother access to financing, a crucial aspect for businesses navigating the MENA region's trade landscape.

No one relishes the prospect of making an insurance claim. But when your business has found it impossible to recover a substantial overdue payment from a customer, it’s reassuring to know that trade credit insurance is there as a safety net.