Euler Hermes > Credit insurance > Our expertise

 

 

 

​​Credit insurance protects your business from non-payment of commercial debt. It makes sure that your invoices will be paid and allows you to​ reliably manage the commercial and political risks of trade.

 

While credit insurance indemnifies losses incurred from non-payment of commercial debt, the ultimate goal is to help your business avoid catastrophic losses and grow profitability. The key is having the best information about companies, sectors and economic trends to make informed credit decisions and therefore avoid and minimize losses.
 

INSUFFICIENT KNOWLEDGE SOURCE OF UNPAID INVOICES  


 
Unpaid invoices can represent up to 35 percent of a company’s assets and are vulnerable to loss if your customers fail to pay. We know that many u​​npaid invoic​​​es are caused by insufficient knowledge about your customers’ solvency.

Our knowledge helps you pick the right customers, markets, and credit limits in order to avoid and minimize non-payment of commercial debt. As a result, you have greater confidence extending more credit to current customers and pursuing new, larger customers that would otherwise seem too risky. If your customers fail to pay, we will forward you the cash for the insured invoices and take care of the debt collection.

Any company selling on open account terms can benefit from credit insurance. Our clients can be found in all sectors and are companies of all sizes. Firms in most sectors of the economy, including business services and those trading actual goods, use credit insurance to help their business succeed.​
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