
The Global Risks Report 2019
Profound political, economic, societal, technological and environmental transformations are occurring at an unprecedented scale and pace and have become a part of day-to-day business life.
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XWith the proper credit insurance to protect your receivables, you can offer buyers attractive terms while protecting your balance sheet.
Senior managers and directors have considerable responsibility to ensure that threats to the sustainability of their businesses are controlled and managed. Within the framework of complying with the duties of managing a business, it is possible that credit risks may be overlooked. Yet the impact of a bad debt on the business can be catastrophic.
The real value of credit insurance, aside from balance sheet protection, is that it not only facilitates improved cash flow and lower borrowing rates, but also helps enable increased funding levels from your bankers. It creates a secure platform for developing trading relationships with new partners and products, or in new markets, giving you a competitive advantage over businesses that use their own balance sheets to fund such risks.
Focused exclusively on trade credit insurance, our team has a detailed understanding of the issues around receivables and the insurance market knowledge and relationships to help with competitive rates.
The result: Marsh’s Trade Credit Practice is able to provide you with insurance terms and program structures that minimise your costs, while helping to maximise your protection levels.