UK Credit Insurance Specialists Limited

Trading overseas brings a new set of challenges to the process of selling on credit terms. As world communications speed up there has been a steady shift away from traditional bank controlled secure payment methods. In a competitive world with restrictions on bank finance the ability to secure credit terms from an exporter is swiftly becoming a key factor in sourcing supplies.

The risk of non payment in the domestic market can be worrying, but what are the additional perils facing exporters? One key consideration when exporting goods is that credit worthy buyers may be forced to default on payment due to circumstances out of their control, such as political risks, currency inconvertibility, or changes in import and export regulations.

Credit Insurance protects a seller of goods or services against bad debts, as well as providing continually updated financial information on customers. Underwriters will share country research which can identify potential markets, which is invaluable when trading with long distance customers where information is scarce. So not only does credit insurance provide the security of knowing that if your customers can’t pay you, your insurer will, it also provides access to crucial financial information.

UK Credit Insurance Specialists Ltd arrange credit insurance policies for clients of all trades and sizes. We are specialist brokers and therefore have access to the whole underwriting market, so we can find and negotiate the most suitable solution at the most competitive price.UK Credit are also founding members of Credea, an international network of Credit Insurance Brokers. This allows us further information on buyers all over the world that other brokers in the UK don’t have access to, as well as local support for global policies.

Please visit our website or call us for further information on export credit insurance, and to request a no obligation quote.