Our Partners

Trade Credit Insurance

Partnering with PIB Insurance Brokers

Protect your business

Protect your business against the risks of delayed or non-payments with trade credit insurance. Partnering with the experts at PIB Insurance Brokers, we deliver comprehensive coverage tailored to your business needs. In the UK, businesses often extend credit terms to customers, allowing them to pay for goods or services at a later date. Yet, this can pose a significant risk if customers fail to honour their payments promptly.

two people in an office discussing trade credit insurance solutions

Financial stability

Mitigate the impact of customer insolvency

By opting for commercial credit insurance, businesses can transfer the risk of non-payment to their insurance company. That way, you can rest easy knowing that even if the worst happens, your financial stability remains intact. Additionally, credit risk insurance mitigates the impact of potential customer insolvency, ensuring your business remains resilient in challenging times.The coverage typically ranges between 75% and 95% of the invoice sum, depending on the policy purchased.

Man happily sorting through his business' finances

Our trade credit insurance benefits

What are the Benefits of Trade Credit Insurance?

1

Financial Security:

Reduce the risks associated with extending credit, even in the face of unpaid invoices or bad debts.
2

Improved Cash Flow:

Don't let uncollected debts and late payments disrupt your cash flow. With trade credit insurance, receive compensation for unpaid invoices, ensuring stable financial health without the worry.
3

Expansion Opportunities:

Ready to expand? Trade credit insurance opens doors by allowing you to offer credit terms to new customers without fear of non-payment. As a result, increased sales and improved customer relationships.
4

Access to Financing:

Gain a competitive edge with trade credit insurance. Lenders and financial institutions favour businesses with reduced payment risks, offering better financing options and terms.
5

Competitive Advantage:

Stand out from the crowd by offering flexible credit terms. With trade credit insurance, extend credit confidently, attracting and retaining customers while outpacing your competitors.