Allianz 

Trade
Contact us
Search

Trade Credit Insurance 

What is trade credit insurance?

Trade credit insurance covers your receivables due within 12 months against unexpected commercial and political risks (customer bankruptcy, changes to import and export regulations, etc.) so that your cash flow is safeguarded and you avoid bad debt.

If your customers become insolvent or fall into protracted default, you are indemnified for the value of goods or services you have delivered.

Please accept YouTube privacy policy to play this video

How does trade credit insurance work?
 

1. Customer credit checks

We analyse the creditworthiness and financial stability of your customers.

2. Credit limit calculation

Each of your customer has a limit – the maximum amount we will indemnify if that customer fails to pay.

3. Business and trade as usual

You trade with your existing customers as you wish, with the risk covered up to the limit.

4. Trading limit updates

We keep you informed of adjustments to credit limits as they may be raised or reduced when economic conditions change.

5. New customers

You check the creditworthiness of potential new customers. We confirm agreement or explain if your request is declined.

6. 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.

Top 8 reasons to use trade credit insurance

  1. Protection: protect your outstanding invoices and get your money lost through bad debt replaced quickly
  2. Profitability: improve profitability by safely increasing your exposure to more customers
  3. Information: benefit from regular updates on the financial health of your customers and prospects
  4. Credit control: enhance your existing credit control procedures and manage customer payments more confidently
  5. Competitiveness: remain competitive by offering open credit terms when your competitors can't
  6. Growth: facilitate your expansion by dealing confidently with new clients and increasing credit lines to existing ones
  7. Funding: reassure your financial partners to facilitate access to funding
  8. Peace of mind: optimize the recovery rate of your unpaid invoices and release yourself from the collection of your invoices

 

Discover our other solutions

Whether you wish to secure your transactions or protect against business fraud, we have solutions that suit your needs. 

Discover Trade Credit Insurance in your country

Africa
Morocco
South Africa
Americas
Brazil
Canada
United States
Asia Pacific
Australia
China
Hong-Kong
India
Indonesia
Japan
Malaysia
New Zealand
Singapore
South Korea
Taiwan
Thailand
Eastern Europe
Bulgaria
Czech Republic
Denmark
Estonia
Finland
Greece
Hungary
Italy
Latvia
Lithuania
Norway
Poland
Romania
Slovakia
Sweden
Turkey
Western Europe
Belgium
France
Germany
Netherlands
Switzerland
United Kingdom
Middle East