Many local exporters nowadays are facing increasing credit risk due to the trend of changing trading terms in the market. Credit Insurance is designed to take up this risk by providing protection to clients against losses of non-payment of their buyers due to insolvency, inability of repayment, cash flow difficulty or protracted default in payment. Manufacturers, traders and servicing companies are clients of this product.
Our well-versed experts have extensive knowledge in this product including product features and claims handling. Most importantly, we possess well-established networks and connections with the market leaders providing the product. We will be of your greatest assistance in providing professional advice for the insurance arrangement that will best fit your needs.
Taking into consideration our prudent advice, clients will be able to make their own selection and decision on the most suitable insurance arrangement. This could effectively minimize the risk of bad debt, hence protecting the company’s profit. The client will be able to explore new buyers and markets with enhanced internal credit management and decreased exposures of the credit risk.