Credit Insurance: The bigger they are the harder they fall

Many companies feel they do not need credit insurance for so called big companies, but why is this? Do they feel they are too big to fail? There are many examples where this is not the case and credit insurers have paid huge claims out on large companies.

Trade Credit Insurance takes the uncertainty out of Brexit

The Bank of England's Financial Policy Committee says that the outlook for financial stability has deteriorated since November. The committee said "the most significant" domestic risks to financial stability were connected to the referendum on EU membership. It referred to risks of a period of "heightened and prolonged uncertainty".

The POWA lies with Credit Insurance

A company that David Cameron once described as one of Britain’s brightest tech start-ups has gone into administration. The company, POWA, was valued at over US$1billion (£694m) before it was to be floated on a Stock Exchange in 2015 and  you would be forgiven to think that you would not have to worry about their ability to pay their bills as when they fell due and certainly that they were not prime candidates to go into administration - the too big to fail concept.

Hedge your bets with Credit Insurance

With the Cheltenham Gold Cup week starting, risk is a good thing to be talking about. Would you gamble 40% of your income on one horse without knowing the form and some sort of protection? A money back guarantee perhaps? The bookies probably wouldn’t go along with this idea but effectively this is what credit insurance companies do. When you give a customer unsecure credit terms your gamble is that they will pay you when your invoices become due.