insurance
Could your business benefit from Trade Credit insurance? Any company that provides goods or
PROTECTING YOUR BUSINESS AGAINST
INSOLVENCY, BAD DEBTS AND CASHFLOW IMPACTS
services to other businesses on credit terms may benefit from Trade Credit insurance. Companies from small SMEs to major internationals can and do benefit from this type of cover. Trade Credit insurance: w Protects your business against the risk of a customer being unable to pay for goods or services provided on credit terms w Protects your business even if the
said they were concerned
C
customer becomes insolvent
this points to businesses being
w Improves business reputation
around customer insolvency
artificially sustained by the Government
and stability
support mechanisms. If your business
w Frees up cash from bad debt
is currently relying, or has relied, on
reserves for better commercial
Government support packages, ensure
use elsewhere
During our recent webinar, more than 80% of attendees
and/or exposure to bad debts in the next 12-24 months.
ompared to the previous year,
w Supports best practice credit
insolvencies are down by 40%,
risk management processes
with commentary suggesting
and procedures
you have proper forecasting in place for when these are withdrawn to ensure a timely recovery.
Concerns around insolvency, bad debts, and cashflow impacts If you are concerned about how to
Find out more In February 2021, Specialist Risk Group acquired the specialist Trade Credit insurance broker, The Channel Partnership. The team is here to help your business
protect your business against the risk
if you are concerned about poor
of insolvency, bad debts and cashflow
cashflow management and/or bad debts.
impacts, you can watch our latest
For an introduction to the team and
webinar on demand to hear from a
to find out more about protecting your
panel of recognised finance, business,
business during a period of economic
and legal specialists.
uncertainty, please get in touch:
Visit our website to watch the webinar https://srinsurancesolutions.
020 7977 4800
co.uk/news-and-articles.
srisenquiries@specialistrisk.com
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