Euler Hermes is a leading provider of trade credit insurance, enabling businesses to trade securely and with confidence. As a global leader in the industry, Euler Hermes has been protecting companies against the risk of non-payment by their customers for over 100 years. With a presence in more than 50 countries, the company offers a range of solutions to help businesses manage their trade credit risk and improve their cash flow.
Understanding Trade Credit Insurance
Trade credit insurance, also known as export credit insurance, is a type of insurance that protects businesses against the risk of non-payment by their customers. This type of insurance is essential for companies that export goods or services, as it provides protection against the risk of non-payment due to factors such as insolvency, protracted default, or political events. Euler Hermes’ trade credit insurance solutions provide businesses with the confidence to trade with new customers, expand into new markets, and improve their overall competitiveness.
Key Benefits of Euler Hermes Credit
The key benefits of Euler Hermes Credit include:
- Protection against non-payment: Euler Hermes’ trade credit insurance solutions protect businesses against the risk of non-payment by their customers, providing a safety net in the event of insolvency or protracted default.
- Improved cash flow: By providing protection against non-payment, Euler Hermes’ solutions help businesses to improve their cash flow and reduce the risk of bad debt.
- Increased competitiveness: Euler Hermes’ solutions enable businesses to trade with confidence, allowing them to expand into new markets and take on new customers.
- Expert risk assessment: Euler Hermes’ team of experts provides businesses with detailed risk assessments, helping them to make informed decisions about their trade credit risk.
| Country | Number of Customers | Premium Volume |
|---|---|---|
| France | 10,000 | $100 million |
| Germany | 8,000 | $80 million |
| United States | 12,000 | $120 million |
Euler Hermes Credit Solutions
Euler Hermes offers a range of trade credit insurance solutions, including:
Whole Turnover Policy: This policy provides comprehensive protection against non-payment for all of a business’s customers.
Excess of Loss Policy: This policy provides protection against non-payment for specific customers or transactions.
Single Risk Policy: This policy provides protection against non-payment for a single customer or transaction.
Industry Expertise
Euler Hermes has extensive expertise in a range of industries, including:
- Manufacturing: Euler Hermes provides trade credit insurance solutions to manufacturers, helping them to manage their trade credit risk and improve their cash flow.
- Retail: Euler Hermes provides trade credit insurance solutions to retailers, helping them to manage their trade credit risk and reduce the risk of bad debt.
- Energy: Euler Hermes provides trade credit insurance solutions to energy companies, helping them to manage their trade credit risk and improve their cash flow.
What is trade credit insurance?
+Trade credit insurance is a type of insurance that protects businesses against the risk of non-payment by their customers.
How does Euler Hermes' trade credit insurance work?
+Euler Hermes' trade credit insurance solutions provide protection against non-payment by customers, allowing businesses to trade with confidence and improve their cash flow.
Euler Hermes’ trade credit insurance solutions provide businesses with the confidence to trade securely and with confidence. With a range of solutions tailored to meet the specific needs of each business, Euler Hermes is the perfect partner for companies looking to manage their trade credit risk and improve their cash flow.
