Credit Insurance Brokerage Services
Structuring, negotiating, and placing Credit Insurance Policies
We study and analyze our clients’ business and help them formulate and execute a winning strategy for approaching credit insurers – transferring more risk to the insurance market at the lowest possible cost.
We also aim to unlock their potential to improve their credit management process and thus lower both risk and financing costs. This also helps us to negotiate the best possible terms that fit their development strategy and financing structure.
Our long-term relationships with both locally present credit insurers and carriers that do not have a physical presence in Bulgaria or Central and Eastern Europe help our clients choose an insurance structure and risk appetite that best fits their business.
Compliance Assistance
Let’s be real, Credit Insurance policies are high maintenance financial products. Many companies need to adapt their process in order to comply with the credit policy terms.
We get it – credit insurance policies tend to be fairly long and complicated documents which no client has the time to read and reread, focused on daily business activities. Furthermore, insurance wordings are not the most exciting read, at least for most people.
Not to worry! We are a bunch of oddballs who actually find credit insurance exciting. Stepping on over 30 years of experience, our team daily helps you navigate your trade credit insurance policy.
We also advise on the insurability of complex or uncommon commercial deals. We assist our clients’ finance, sales and legal teams to grow their company and be sure that all policy terms are met, and indemnity will be available in case of a buyer payment default.
Credit Limits Arbitration
What’s the use of great policy terms if you cannot transfer the risk of buyer default to your insurer?
Buyer Credit Limits are the substance in your insurance policy.
We implement a best-in-class service for ensuring our clients receive and keep the highest credit limits possible from their trade credit insurer.
Claims Settlement and Arbitration
Ultimately it all comes down to claims. Smooth claims settlement is a combination of several key
factors:
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Choosing the right insurer,
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Negotiating the right cover terms in good faith,
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Complying with the policy terms and conditions,
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Having documentation proving your claim against your buyer
We work with our clients to get all moving parts synchronized and ensure smooth and prompt claims payments.
Our new clients also use our claims services for claims on credit insurance policies that are not brokered by us. We will be happy to help you out to settle a difficult claim, in case you are in a tight spot.