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We protect your business and help you trade

Euler Hermes is the global leader in trade credit insurance  and a recognized specialist in the areas of surety, debt collection, fraud insurance, structured trade credit and political risk. Our proprietary intelligence network analyses daily changes in corporate solvency representing 98% of global GDP.

We give companies the confidence to trade, and be paid. We compensate your company in the event of a bad debt, but more importantly, we help you avoid bad debt in the first place. Whenever we provide trade credit insurance, surety bonds or other finance solutions, our priority is predictive protection. And when the unexpected arrives, our AA credit rating (Standard and Poor’s) means we have the resources, backed by Allianz, to provide compensation to maintain your business.

Euler Hermes in figures

5,800
employees in 50+ countries with 80 nationalities
66,000+
clients, big and small, around the world
€950 billion
business transactions protected globally

Our history

For generations, we’ve thrived as the market leader, even in tough economic times, and have continuously learned to serve our customers' needs.
The origins
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Our origin dates back from the creation of SFAC in France in 1927. During the following decades, SFAC prospered and started progressively to expand by acquiring COBAC in 1993 – a Belgian company created in 1929 – and Trade Indemnity in 1996 – a UK company created in 1918.

It allowed SFAC to become the world’s leader in trade credit insurance.

Settling as the world’s leader
coworkers

In 1998, SFAC continued expanding by acquiring in ACI – created in the US back in 1883 – and SIAC – an Italian company created in 1927. The same year, Allianz bought AGF, shareholder of SFAC. SFAC became Euler-SFAC.

In 2000, Euler got listed on the Paris Stock Exchange and then acquired Hermes in 2002, the world’s fourth trade credit insurer.

Becoming Euler Hermes

In 2003, the Group and all its subsidiaries adopted the name Euler Hermes, before continuing to expand in Asia Pacific, Middle East and Latin America, but also in Europe by raising stake to COSEC, the market leader in Portugal to 50% in 2007.

In 2008, we created World Agency, a dedicated global entity working specifically for multinationals.

A strong expansion
Between 2010 and 2014, we concluded a global distribution partnership with HSBC, Bpi and BNP Paribas. Together with MAPFRE, we created a joint venture in Spain, Solunion, which quickly expanded to Latin America, and increased it interest equity in ICIC – the Israeli credit insurance specialist – to 50%.
Becoming more digital
In 2015, we created the Digital Agency, an internal innovation “laboratory”, and concluded new partnerships the following year: with Moody’s as well as with Unicredit to provide tailored rating services to European SMEs. In 2016, we also created a new joint venture, China Pacific Property Insurance Company (CPPIC).
Acquisition by Allianz
In 2018, Allianz Group successfully completed the acquisition of Euler Hermes’s outstanding shares. Euler Hermes Group is now fully owned by the Allianz Group and is continuously investing to reinvent trade finance.

How we work

Our global team of macroeconomists and sector analysts works on economic intelligence, market knowledge and industry risk analysis to help our customers better anticipate, analyse and respond to changes in market conditions and shape new opportunities ahead of the competition. 

Get the latest news from our Economic Research team

We’re investing in data intelligence, advanced statistical tools, and state-of-the-art technologies such as AI to enable scalable access to the business data required to make sound underwriting decisions. We’re also proud of our many fintech partnerships that explore using block chain, smart algorithms and APIs to revolutionise factoring, trade and supply chain finance. 

Learn more about innovation at Euler Hermes

Customer obsession is what leads us. We focus on understanding your needs, your markets, your challenges and your expectations for tomorrow. Our goal is to support your short and long term goals in order to help you make better-informed business decisions. 

Discover our customer case studies

Learn more about our teams’ work

credit-assessment-teams
credit-assessment-teams

How our credit assessment experts work

Learn how our credit assessment team tracks the financial stability of your commercial partners, ensuring your business can trade with confidence.

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customer-service-teams-euler-hermes
customer-service-teams-euler-hermes

How our customer service teams resolve your queries

Great customer experience is now the hallmark of great business. See how our customer service combines people, process and technology excellence to address your problems.

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risk-underwriter-desk-working
risk-underwriter-desk-working

Claims assessors: helping turn unrecovered debts into policy payments

When faced with bad debts, your business needs to know it can count on an insurance safety net. Learn how our experts handle claims swiftly and smoothly, from filing to indemnity payment.

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debt-collector-calling-clients
debt-collector-calling-clients

How our collection teams help you recover overdue debts

Economic disruption has triggered a sharp rise in late payments. Learn how our collection experts ensure your business recovers what it’s owed.

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People behind the claim

Policyholders often reach out to their insurers with new claims, questions about processes, and when they’ll receive indemnity payments. But they’re also just looking for someone to tell them that everything will be okay.

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risk-underwriter-desk-working
risk-underwriter-desk-working

Risk underwriting teams: how they assess your risks

Find out the critical role our credit analysis and risk underwriting teams provide and how they can help bring more confidence to your business decision-making.

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Getting the right mix in human knowledge and data in risk assessment
Getting the right mix in human knowledge and data in risk assessment

Human knowledge and data in risk assessment getting the right mix

When a customer buys goods or services on account without paying cash up front, you need to understand the risk involved before agreeing to the transaction. How is this risk calculated, and by whom?

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Careers

We are constantly looking for bold people with different backgrounds to help us make the future a place of trust.
Discover our careers