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Trade Credit Insurance

Credit insurance protects your trade receivables enabling you to trade and expand domestically and abroad without the risk of bad debt.

What is Trade Credit Insurance?

Our Trade Credit Insurance enables you to offer B2B credit terms with confidence by insuring your trade receivables due within 12 months.

So if a customer fails to pay, whether it’s due to insolvency, refusal or an inability to pay under the terms of the contract, a Trade Credit Insurance policy indemnifies your losses.

Trade Credit Insurance also informs your credit risk decisions through powerful insight on who to extend credit to and what limits to offer.

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How does Trade Credit Insurance work?

Trade Credit Insurance is tailored to the needs of your business, informing daily credit management decisions as you trade with new and existing customers.
Customer health check
We analyse the credit worthiness and financial stability of your customers.
Credit limit calculated
Each customer has a limit which is the maximum amount we will indemnify if that customer fails to pay.
Business as usual
You trade with your existing customers as you wish, with the risk covered up to the limit.
Trading limit updates
We keep you informed of adjustments to limits as they may be raised or reduced when conditions change.
Business building
You check the credit worthiness of potential new customers. We confirm agreement or explain if your request is declined.
Making a claim
You tell us if a customer fails to pay, we investigate, then indemnify you for the insured amount if policy terms have been met.

Benefits of Trade Credit Insurance

Trade Credit Insurance helps businesses grow by safely offering credit to new and existing customers, bringing with it a range of commercial benefits
  1. Protection
    Your policy quickly replaces money lost through bad debt
  2. Growth
    Expand confidently domestically or internationally
  3. Insight
    Understand customers’ credit risk with the latest data
  4. Profitability
    Safely increase your exposure to new customers
  5. Funding
    Receivables protection improves banks’ lending confidence
  6. Competitiveness
    Offer credit terms even when competitors can’t
Trade credit insurance online quotation

How much does business credit insurance cost?

 

B2B growth can be risky without Trade Credit Insurance but what does it cost?

Market leading cover

Our market-leading business credit insurance protects your cash flow by insuring your trade receivables, enabling you to trade domestically and abroad without the risk of bad debt.


We analyse daily changes in corporate solvency, covering 98% of global GDP, so partnering with Allianz Trade also connects you to the latest credit risk data to guide and optimise your credit management.

 

Start your free consultation to better understand the benefits of business credit insurance.

 

Request a call back

Complete the form for your free no-obligation business credit insurance consultation.

Alternatively, call us Mon-Fri, 09:00–17:00 on 0800 056 5452.

Trade Credit Insurance in action

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Offering B2B credit terms can drive business growth but what if customers fail to pay?​

In this short video, Allianz Trade customer Abbey Glass, a bespoke glazing business, shares how credit insurance is fuelling its business growth.

 

Why Trade Credit Insurance from Allianz Trade?

DEDICATION
62,000+
Clients worldwide
INSIGHTS
83 Million
Businesses monitored in 160 countries
ASSURANCE
AA Rating
by Standard & Poor's

Choose solutions based on your company size

Trade Credit Insurance for small businesses

If you’re concerned about bad debts holding your business back, peace of mind is a step away.  Simplicity is designed to cut the time you spend managing customer debts so that you can focus on what you do best: building the business.
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Trade Credit Insurance for medium and large

Use Trade Credit Insurance to protect cash flow and receivables, find out how it works and how we provide tailored risk management solutions for Medium & Large companies.
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Manage risk for international business growth

This programme is exclusively for organisations operating across two or more countries with business turnover over £500 million. Our expert team knows that, as a large multinational, your financial structures are complex, so they build and manage bespoke programmes of trade credit insurance and related services specifically for you.
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Your business credit insurer of choice

ekomi

Allianz global customer satisfaction rating

4.8/5

Total reviews: 1672

That's what clients said about us

, 24/10/2024

clear and concise responses to the questions raised :)

, 24/10/2024

I previously found getting hold of anyone to help difficult and our previous 2 account managers were never easy to contact and rarely got back to us. It was always frustrating speaking to different people who did not know our company. Our new account manager, Leo Flynn has been excellent and we are finding he is great to work with, a true account manager.
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Frequently Asked Questions

Trade credit insurance protects your accounts receivable against the risk of non-payment due to insolvency or protracted default, while giving your business the insight and confidence to grow revenues with new and existing business customers.

Acting as an early warning system for potential payment issues, trade credit insurance allows you to trade safely with new customers, trade more with existing customers and expand to new sectors or export markets.

We start by assessing the creditworthiness and financial stability of your customers, in order for us to underwrite safe credit limits on them, with risk coverage up to the agreed limit.

We provide regular updates on those trading limits, adjusting them based on changing conditions. And we support your business growth by repeating this process for new customers.

In the event you tell us about a non-payment for an insured customer, we investigate, and if policy terms are met, we indemnify you for the insured amount.

Any business that sells goods or services on credit terms to other businesses can benefit from trade credit insurance. This includes businesses of all sizes and all industries, from small and medium-sized enterprises to large multinational corporations.
Trade credit insurance covers your business against the risk of non-payment by your customers due to insolvency, protracted default, or, where applicable, certain political events.
The cost of trade credit insurance is based on a number of factors including the size and nature of your business, the creditworthiness of your customers and the trading limits you need.

It’s calculated for your business and the way you trade and is based on a percentage of your sales, generally a fraction of 1%. So, if your sales were £2 million last year and you wanted to cover that entire amount, the premium would usually be less than £10,000. But remember, premiums can go up or down from year to year.

Getting a price indication with us online is quick and easy for you to in a matter of minutes on our website: Trade credit insurance price calculator.
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Let's talk...

For a free credit insurance consultation call our UK team, 09:00-17:00 Mon-Fri.