Euler Hermes

Incorporated in 1893, Euler Hermes is a member of the Allianz family and is the world’s largest provider of trade credit insurance. We offer both domestic and export policies that guard against catastrophic bad debt losses.

In addition, credit insurance enables companies to safely and aggressively grow sales to new and existing customers, promote balance sheet strength and gives companies more access to working capital on better terms. We currently have locations across the globe and coverage in over 200 foreign markets, and are rated A+ by A.M. Best and AA- by Standard and Poor’s.

Each time you grant credit to your customers, your company is exposed to the risk of non-payment. There is a greater chance that a business will experience a loss within its accounts receivable than any other asset. With an average of 40 percent of a company’s assets in the form of trade debts, accounts receivable are a critical component of your balance sheet,  directly affecting cash flow and profitability. Yet while you insure your company against property loss, liability or other unpredictable, high-exposure events, you’re leaving one of your most valuable – and vulnerable – assets open to loss. Accounts receivable coverage through trade credit insurance offers a safer way to do business.
 
Trade credit insurance, also called accounts receivable insurance or trade credit risk insurance, is a financial tool that manages both commercial and political risks that are beyond a company’s control. It is protection against your customers’ failure to pay their trade debts. This can happen when your customer becomes insolvent or fails to pay within the agreed upon timeframe.

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Trade credit insurance, also called accounts receivable insurance or trade credit risk insurance, is a financial tool that manages both commercial and political risks that are beyond a company’s control. It is protection against your customers’ failure to pay their trade debts.