The world leader in trade credit insurance

Euler Hermes is now Allianz Trade 

Because the future isn’t always as expected, we predict trade and credit risks today, to protect cash flow tomorrow.


By partnering with us, you can use our global network and services to unlock and protect cash-flow while reducing costs and minimising the risk of losing liquidity in the supply chain. Or, we can support you expanding to new markets and growing your business.


And in the event of a bad debt, we compensate your company.


Here are some of the ways in which credit insurance can protect your business and allows you to grow your company with confidence.

Trade Credit Insurance Products - Ensuring Payment Icon
Unsure whether to continue offering credit to less reliable customers? Whether they pay late or become insolvent, we step in.
Safe Sales Growth Icon
Attract new customers with competitive credit terms by better understanding the risk and securing each transaction.
Trade Risk Data
Grow your business by accepting large orders without the risk of bad debts crippling your business.

Top 6 Reasons to Buy Trade Credit Insurance

  1. Protection
    Ultimately, we are there to quickly replace money lost through bad debt
  2. Funding
    We help in securing trade finance which improves banking relationships and access to finance
  3. Profitability
    Improve profitability by safely increasing your exposure to more customers
  4. Growth
    It facilitates expansion with security and allows you to deal confidently with new clients and increase credit lines to existing ones
  5. Information
    You gain access to greater customer intelligence that leads to balanced risk decisions
  6. Cash Flow
    It complements and enhances existing credit control procedures to improve Days Sales Outstanding's
Each customer has a limit which is the maximum amount we will indemnify if that customer fails to pay.
You trade with your existing customers as you wish, with the risk covered up to the limit.
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.
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.
We analyse the credit worthiness and financial stability of your customers.
Clients worldwide
83 Million
Businesses monitored in 160 countries
AA Rating
by Standard & Poor's
Trade credit insurance has one simple aim; to support your business when a customer fails to pay a trade debt. That situation may occur when a customer becomes insolvent or does not pay within the contracted terms (a protracted default). The insurance indemnifies a proportion (up to 95%) of the debt owed to you. You must have traded within the limit we give you for that customer.

The premium is calculated for your business and the way you trade. This helps us make sure you receive the best match and service excellence for your business as well as an affordable premium. If you haven’t used it before, here’s how to work out what it might cost for one of our more popular policy types. The premium is based on a percentage of your sales, generally below 1%. Suppose your sales were £2 million last year and you want to cover that entire turnover. Then the premium would usually be less than £20,000. 

Remember that premiums go up or down from year to year. They are affected by the losses you have experienced in the past, the customers you deal with and the sector you work in. Covering political risk as well as trade risk costs more. We calculate the best price for your situation so that these factors and your needs are taken into account.

Trade debts can make up 40% or more of business assets. Just a few instances of failure to pay can make a big impact on your cash flow. The cost to a business of non-payment can be considerable. If you have a 5% profit margin and suffer a £100,000 debt, you’ll need to win sales of £2 million to make up for the lost profits. Plus, your financial position can be weakened by bad debts in other ways. For example, your cash flow will be affected and you will have less capacity for investment. Banks and finance providers could charge you higher interest. The morale of your employees may be affected if they become worried about their future in the business. Consider these effects and what they might cost when you think about the value you will gain from trade credit insurance.
Yes.  Exporters concerned about political events can also benefit by cover for non-payment as a direct result of events in the buyer’s country.  Typical situations can be war or cancellation of a contract by the local government. Another example is when a government imposes rules that stop goods being exported or imported or when regulations prevent hard currency transfers.
Every business can benefit from good credit management. Trade credit insurance is one of the most important tools for that purpose. If you’re selling on open account terms to other businesses then trade credit insurance could bring many benefits. Even if you trade on other terms we have services that can support and strengthen your trading activity. We’ve designed a range of trade credit offers for different types of business and transactions. Please get in touch with us to discuss what would be most suitable for you.
Our insurance is designed for businesses with sales of at least £1million per year. If your sales are lower than this, our insurance may not be the most suitable product for you. We suggest you speak to your insurance broker or business bank manager who will be able to point to other ways you can protect your business. 
Many businesses trade with customers of long standing that seem well funded. They believe payment can be relied on. However, even the strongest commercial concerns can be affected by the economic cycle and commercial trends. It takes considerable investment in data collection to keep track of customers’ financial health and to evaluate the risk of non-payment. We make that investment so you don’t have to and make analysis available to you. Insurance backed by insight allows you to trade with confidence through all phases of the cycle; today and tomorrow.
Yes, we have experience in supporting longer term transactions (for example, multi-year contracts). Get in touch with us and let us know what you need. We’ll be pleased to make recommendations.

There are many benefits to trade credit insurance. If you have just started with trade credit insurance it can be useful to review your processes and procedures so that you gain the greatest value from your policy. We can advise you on best practice too. Here are some examples of what you can do:

  • Train your employees on the use of our systems. Use our information on limits and grades to improve credit control and defend against catastrophic bad-debt losses. 
  • Demonstrate the enhanced quality of your accounts receivable when negotiating with lenders to access better terms.
  • Build our information into your sales planning to target the most financially sound new customers. 
  • When developing strategy and business plans, identify the risks in new markets and opportunity areas with our data.
  • Access our debt collection capabilities and network to accelerate speed of payment. Aligning your processes with our systems will improve efficiency.
  • Strengthen your cash flow by insuring invoices so that you are indemnified for non-payment. 
  • Design your financial management and reporting to identify performance improvements.

Interested in a policy? Call our expert team from 09:00-17:00, Mon to Fri, or complete our call back form.

+353 1 518 7910

Allianz Trade policyholders can call our Customer Line from 09:00-17:00, Mon to Fri, or speak to their usual Allianz Trade contact.

01 525 5555 (Ireland)

Complete the form and one of our Trade Credit Insurance Experts will be in touch.

We aim to make contact with 3 working days.