Find out how Coeck can rely on Allianz Trade to help its business

Coeck is a family business that produces and distributes construction materials. It has offered comprehensive concrete construction solutions since 1929.

One of the challenges Coeck is currently facing is rising commodity prices, but finding the right staff and covering its credit risks are also recurring issues. For the latter, they can count on Allianz Trade’ help if their own procedures are not sufficient.

Finance Director Andy Van Den Vonder talks about the collaboration in the video below.

Protecting your company has never been so important than now. Especially in this crisis period, you are never safe from the default of payment or the insolvency of one of your customers. Very often bad payments and insolvencies lead to a snowball effect. This creates risks for the cash flow and profitability of your business. A large unpaid invoice can jeopardise the growth of your business or eventually lead you to insolvency.

trade credit insurance provides you information about the  creditworthiness of your customers and prospects, ensures that your overdue payments are collected and compensates your unpaid invoices.