Hart Shaw Insurance & Risk Management Limited

Credit Risk Insurance

Credit Insurance provides protection for your business by insuring against the insolvency or non-payment of invoices by your customers. It forms an integral part of a company’s Risk Management strategy.

Hart Shaw Insurance & Risk Management Ltd are able to arrange Trade Credit Insurance against insolvency of your customers.

We have formed a relationship with Reynolds Trade Credit, who are specialists in providing Credit Insurance and have access to the Insurers who provide such cover both in the UK and Internationally. Reynolds Trade Credit is recognised as one of the leading independent Specialist Credit and Political Risk brokers by all major insurers in the market. Credit Risk consultations are free of charge and without commitment.

Technology has made it possible to sanction Credit and Political Risk Insurance Cover online with Buyer Limits approved on your PC screen, thereby saving time and energy.

Some of the features of Trade Credit Insurance are:

Offers balance sheet protection;
Insures one of your largest assets – your account receivables;
Enhances your own in-house credit control disciplines;
Helps spot a potential credit risk problem before it becomes a bad debt;
Can also include Political Risk coverage on exports.

Policy categories include:

Whole Turnover Insurance

Comprehensive bad-debt insurance covering your entire client base.

Specific Account Insurance

Insurance against the failure of individual clients.

Excess of Loss/Catastrophe Insurance

Credit insurance for those businesses able to sustain ‘reasonable’ levels of payment default

Principal Customer Insurance

Selective cover for a company’s larger business customers

Credit Guarantees

Protection for your suppliers against your own insolvency

For more information please contact Nick Gray on 01625 669669.