Welcome to the February 2021 issue of Credit Insurance News Digest. This issue is sponsored by Credendo.

Index
 
Credit Insurance News
A surge in demand for trade credit insurance is expected in 2021. The International Credit Insurance and Surety Association (ICISA) has reported that its latest annual state of the industry survey has found that 95% of its trade credit insurance respondents anticipate an increase in global demand for credit insurance cover in 2021. Countries heavily affected by the pandemic are especially anticipated to see increased demand, although underwriters also expect growth in countries that have recovered more quickly from the pandemic, such as China, as well for countries with a high GDP growth potential. The survey also notes that pricing is expected to harden further, continuing a trend that began prior to the COVID-19 pandemic. In countries without government support schemes or where these are limited, respondents expect a harder market to match the increased risk in these markets. In addition, almost all members expect an increase in claims in 2021, in particular in Europe, Latin-America and the US. To read ICISA's news release go to
Trade credit insurers are "yanking cover, demanding higher premiums" in South Africa. Business Insider SA has reported that obtaining trade credit insurance is getting tougher and more expensive in South Africa. Business Insider gives the example of Electrical wholesaler ARB Holdings, which has seen cover on many of its customers (predominantly in the construction sector) reduced from 90% to 75% as part of a general reduction in exposure by insurers. ARB describes a "hardening of the credit insurance market" and the "reluctance of credit insurers to grant sufficient cover to meet the anticipated increased exposure that will arise on normal supplies to customers." On top of reduced cover limits, ARB said, it was also seeing a demand for higher premiums and increases in co-insurance levels. To read Business Insider's article go to https://www.businessinsider.co.za/arb-numbers-show-credit-insurers-pulling-back-in-construction-sector-2021-2.  
Industries hardest hit by the pandemic are among the biggest concerns of structured credit and political risk insurers. Insurance Business has reported that according to new research from Gallagher, emerging risks from industries that have been hardest hit by the pandemic are among the biggest concerns of structured credit and political risk insurers in their current portfolios Gallagher s survey found that when asked about sectors of most concern in current portfolios, respondents cited aviation (28%), tourism (22%), and oil and gas (17%) as their top three areas, reflecting some of the industries that have been severely impacted by the pandemic. To read Insurance Business' article go to https://www.insurancebusinessmag.com/uk/news/war-political-riers-weigh-in-on-emerging-risks-in-structured-credit-and-political-risk-market-246402.aspx.sk/insur.
Greensill collapse is rooted in a trade credit insurance dispute according to court documents. GTR (Global Trade Review) has reported that the sudden downfall of supply chain finance company, Greensill, was triggered after credit insurance cover were not renewed. According to the article, problems with Greensill’s trade credit insurance cover first arose in July 2020, when Australia’s Bond and Credit Company (BCC) said it did not intend to renew insurance policies (due to lapse on 1 March). The policies themselves covered non-payment by Greensill clients and account debtors, applied to “some 40 clients” and totalled around US$4.6 billion. They did not provide for automatic renewal. Though Greensill later attempted to arrange alternative cover through its broker Marsh, and then, on 1 March, sought a last-ditch, out-of-hours ruling from the supreme court of New South Wales that would force the renewal of its insurance cover, its efforts were unsuccessful. Court documents seen by GTR reveal the way cover provided by BCC unravelled over the last eight months. To read GTR's article go to https://www.gtreview.com/news/asia/greensill-collapse-rooted-in-insurance-dispute-court-documents-show/.
What COVID-19 has meant for ECAs and their ability to attract smaller companies. TXF has published an article that suggests that COVID has had a galvanizing on the ability of ECA to attract smaller companies. For example, Kim Richter, Head of SME and Cleantech at Denmark's export credit agency, EKF, believes that the crisis has caused a change in awareness of EKF as an agency and its export finance support for smaller companies. He commented to TXF, “I strongly believe that the crisis will have a lasting impact . . . being part of the government’s efforts to support Danish exporters has opened doors to further clients.”  Similarly, UKEF has also faced a massive uptick in demand for credit insurance from SMEs. "A threefold increase," which, according to Carl Williamson, Head of Trade Finance at UKEF,  "we were able to fulfil, helped by the relaxation in the EU temporary framework, which allowed us to provide more credit insurance for OECD countries.” He concluded: "For us, the next few years will be very focused on the SME," To read TXF's article go to https://www.txfnews.com/News/Article/7129/ECAs-and-the-once-elusive-SME-Hunting-the-Snark.
Trade credit insurers are carefully balancing their risk appetite against a backdrop of uncertainty, increasing demand and anticipated rise in claims. Results from the Q1 2021 Berne Union Business Confidence Survey indicate that demand for export credit insurance is continuing to increase through the first quarter of this year, especially for short-term business. However, both public and private underwriters are balancing their risk appetite between measured optimism concerning the economic environment, and strong expectations that claims paid this quarter will likely increase. Secretary General, Vinco David, commented that “public and private segments of the market are working well together to maintain risk capacity, as is evident from the reported stable risk appetite. As the anticipated claims begin to materialise we will see how market capacity to absorb this will develop.” To read Berne Union's news release go to https://www.berneunion.org/Articles/Details/534/Insurers-are-carefully-balancing-their-risk-appetite-against-a-backdrop-of-uncert.
Aon estimates that only 20% of large corporates are making use of trade credit insurance as an alternative means of accessing funds. Aon's latest paper in its C-Suite Series notes that maintaining liquidity and capital is a top priority for private equity  firms as they grapple with the economic impact of COVID-19, but notes that many are "overlooking key tools – perhaps less intuitive than bank financing, but still valuable – as they work to free up cash." Aon notes, for example, that trade credit insurance can help shorten cash conversion cycles by giving companies the increased ability to extend payment periods with suppliers, reduce penalties and accelerate trade receivables from customers, but that currently only 20% of large corporates are actually making use of credit insurance as an alternative means of accessing funds. According to Jake Tobin, EMEA head of financial sponsors at Aon, "the other 80% are overlooking tools that can not only provide immediate relief and working capital support, but also help them pursue sustainable growth as they come out of this period of uncertainty.” To read read Aon's report go to https://www.aon.com/emea/c-suite/mergers-and-acquisitions/leave-no-stone-unturned.
UKEF launches a new product to enable UK exporters to get paid upfront. UK Export Finance (UKEF) has launched a new guarantee scheme to help importers of UK goods and services obtain financing. The Standard Buyer Loan Guarantee (SBLG) allows UKEF to guarantee a loan of up to 85% of the contract value with a UK company - typically worth between £1 million to £30 million. This ensures UK businesses get paid upfront to fulfil an export contract while their overseas buyers can repay the loan from their lender over a longer period. Minister for Exports, Graham Stuart, said: The UK is one of the world’s top five exporting nations, We are determined that this should continue, so this new scheme from our world-leading export finance agency, UKEF, will help our exporters reach buyers they would otherwise miss - and build back stronger from the pandemic." To read UKEF's news release go to https://www.gov.uk/government/news/ukef-overhauls-buyer-finance-support-to-boost-sme-exports.
The Channel Partnership joins Specialist Risk Group. The Channel Partnership has announced that it has become part of Specialist Risk Group (SRG), and will be a key component in their Specialist Risk Insurance Solutions business. There will be no changes to the Channel Partnership's directors and team. SRG is an integrated group of insurance intermediaries arranging specialist insurance for corporates and individuals operating in the UK and internationally. The group serves over 42,000 end policyholders across multiple lines of business and specialises in creating solutions to challenging risk transfer questions. SRG is owned by its management team and HGGC, a middle-market private equity firm based in Palo Alto, California. To read The Channel Partnership's news release go to https://www.the-channel-partnership.co.uk/the-channel-partnership-joins-specialist-risk-group/.
Arch acquires majority stake in Coface. Reinsurance News has reported that Arch Capital Group's share purchase agreement with Natixis for a majority stake in Coface has received all necessary approvals. Arch now holds 44.8 million of shares of the trade-credit insurer. Marc Grandisson, CEO of Arch, commented: “2020 has demonstrated the strategic importance of credit insurance for inter-company trade. We are delighted to accompany Coface in its future development.” Coface’s board is now comprised of 10 members, four women and six men, the majority of whom are independent. The Board has also confirmed the appointment of Bernardo Sanchez Incera, the Deputy CEO of Société Générale, as Chairman. To read Reinsurance News' article go to https://www.reinsurancene.ws/arch-acquires-majority-stake-in-coface/.
The US is likely to see an economic rebound in 2021. Insurance Business has reported that Atradius’ latest US Country Report anticipates a more positive outlook for the US following the change in presidential administrations but cautions that downside risks remain. The report also notes that although there were relatively few US insolvencies in 2020, and business bankruptcy filings decreased 4.9% year over year, as insolvencies historically lag economic downturns an increase is likely this year. Companies with constrained liquidity are especially vulnerable,  Richard Reynolds, head of strategic accounts at Atradius UK., commented: "The good news is that pockets of positivity remain and new trade opportunities are on the horizon. However, exporters must protect themselves like never before. The adage ‘look before you leap’ has never been more apt.”  To read Insurance Business' article go to https://www.insurancebusinessmag.com/us/news/breaking-news/us-likely-to-see-economic-rebound-in-2021--atradius-246121.aspx.
ECI launches a new brand identity and website. Etihad Credit Insurance (ECI), the UAE Federal export credit company, has announced that it has launched a new logo with a colour scheme of light blue, designed to reflect trustworthiness and reliability, and grey, to indicate neutrality and balance. In conjunction, it has also unveiled a new website design. Massimo Falcioni, CEO of ECI, commented: “Launching a modern-looking logo and enhancing our customer experience through our new website signify our innovative approach to reflect the UAE Federal export credit company’s mandate of providing state-of-the-art fin-tech and digital solutions for trade and export credit, as well as introducing new initiatives that will further propel UAE businesses and exporters towards greater heights." To read ECI's news release go to https://eci.gov.ae/news/113.
White paper and webinar: 'How Covid-19 changed global trade forever'. Following its first event in the series 'From crisis to opportunity: what is the future of trade?'  Atradius has published a white paper and video of the event, 'How Covid-19 changed global trade forever' both the paper. An audience of almost 3,000 people including brokers, agents, customers, Atradius staff and others watched the interactive event live. Christine Gerryn, Director Group Communications & Commercial Development said: "We are delighted on the number of attendees who joined our first event. We have developed a white paper and a summary video to share to all, to people who attended the event and the ones who were unable to make the event live but are interested in the topic." She added: "The second event in this series, How trade relationships and tariffs affect trade worldwide, will be broadcast live on March 25 at 4pm CET." To watch the video or download the whitepaper go to https://group.atradius.com/virtual-event-series/crisis-to-opportunity/how-covid-19-changed-global-trade-forever.html.
The COVID-19 domino effect. Euler Hermes has published an article that warns that 2021 may see global supply chains risk experience a widespread insolvency domino effect, with COVID-sensitive sectors such as hospitality, non-food retail and transportation expected to bear the brunt. The article notes that so far, unlike previous crises, the massive amount of state support has ‘frozen’ the situation of many companies and led to an unprecedented and artificial fall in business insolvencies worldwide during 2020. However, the phasing out of state supports will inevitably trigger a return to a normalised number of insolvencies. This will consist of  companies that were no longer viable before the crisis but were kept afloat by emergency measures, as well as  those of companies weakened by the crisis. According to Euler Hermes' report 'Vaccine Economics', this could lead to global insolvencies increasing by +25% in 2021. To read Euler Hermes' article go to https://www.eulerhermes.com/en_global/news-insights/business-tips-and-trade-advice/insolvency-risk-and-covid-19-domino-effect-ebook/insolvency-risk-the-covid-19-domino-effect-explained.html.



New Appointments
LiquidX has appointed Alex Bursak as Director and Regional Head of Insurance for the Asia Pacific region, based in Singapore. Alex joins LiquidX from  Euler Hermes, where he worked most recently as Head of Sales and Distribution for Singapore.
Impello Global, a trade finance advisory group and trade credit insurance brokerage headquartered in Seattle, has hired Matthew Handwork as its new head of structured trade finance. He will be based in Columbus, Ohio. Matthew was formerly Senior Vice-President for credit specialties at Marsh JLT Specialty. Impello Global was launched in 2018, and in addition to Olio, has offices in California, Idaho, Oregon and Washington.


AXA XL has announced Caroline Tran's appointment as Regional Product Leader Continental Europe, Global Political Risk, Credit & Bond. Caroline joins from Atradius, where she was employed for twelve years - most recently as Deputy Head Special Products/Product Leader for structured single situations and political risks. Caroline is based in Paris.
Job Vacancies
Trade Credit Specialists. 
Excellent salary + company benefits
About Us:
We are a dynamic business created to fill a gap in the market for a specialist, independent, client-centric and service focussed insurance adviser. We provide insurance solutions to organisations of all shapes and sized, from start-ups, to SME’s through to larger corporate risks. Our team of personal insurance experts can also deliver bespoke cover for private individuals.

This is an exciting time to join PIB Insurance. Collaboration is at the heart of everything we do. We believe that working together as one team across the Group is better for our customers, our businesses, and our employees. We offer excellent rates of pay, fantastic benefits and excellent career opportunities.
As we continue to grow, we are interested in talking to experienced ‘Trade Credit Specialists’ for a number of vacancies we have in Management, Account Management and Business Development which can be based from any of our UK PIB offices. If you are interested in a career with PIB and want to find out more then please do get in touch.

Further information
Our employee’s success isn’t measured on time spent in the office, so please talk to us about your flexible working needs.
We have many sites across the UK, so whether this be working from home, logging on from another office then we would love to hear from you!

PIB Group is an equal opportunities employer, committed to hiring a diverse and inclusive workforce. We do not discriminate on the basis of race, colour, gender, religion, disability, age, sexual orientation or any other characteristic protected by law.
To apply for a position, complete the online application form at https://pibgroup.livevacancies.co.uk/#/job/details/591.
Your application will be treated in the strictest confidence.

Risk Underwriter / Credit Analyst, London.
Are you passionate about Credit Insurance? Are you seeking a progressive role in a growing and reputable MGA?
Nexus Trade Credit are currently recruiting for a dynamic Risk Underwriter / Credit Analyst to join our busy underwriting team in London. The successful candidate will form an integral part of the team, helping to analyse domestic and export risk supporting our renewal and new business portfolio. This includes assessing and agreeing credit limits within authority levels and monitoring exposures in all sectors both domestically and globally.
The Nexus Trade Credit UK Non-Cancellable team is unique in the UK market, by offering non- cancellable coverage on a whole turnover and ground up basis. Our products may suit clients that are looking to take on a significant deductible (XOL) or more traditional middle market clients through our ‘trigger’ and ‘complete’ policies. In addition we offer Top Up coverage in excess of primary (typically cancellable) insurers, allowing clients to achieve full limit satisfaction on sectors and buyers with capacity constraints.

Responsibilities of the role
  • Conducting detailed financial analysis and formulating credit decisions and risk strategies on buyers, industries and countries
  • Managing credit limit requests, taking into account the full scope of the policy and risks relating to buyers, countries and industries
  • Proactive monitoring of credit limits and risk strategies
  • Monitoring industry, economic and political trends
  • Liaising internally and externally about risks and policies, this includes Underwriters, Brokers, clients, risks and information providers on an international level
Your profile:
  • You will have 3-5 years practical hands-on experience in a Financial / Credit Analyst role, prior credit insurance or reinsurance experience is a strong advantage
  • A broad knowledge of and interest in domestic and global economic trends
  • Enthusiastic and hardworking individual with a focus on providing the best possible service
  • Commercial awareness partnered with a strategic mind-set
  • Experience in delivering client-focused solutions and creating long-lasting relationships
  • Proficient working knowledge of MS Office software
About Nexus Group
Nexus Underwriting is the largest independent specialty Managing General Agent (MGA) in the London market. 
We believe in the ability and potential of all our people and are committed to helping them reach their full potential and future career aspirations by providing a motivational and encouraging work environment.
This role reports to: Head of UK Non-Cancellable Underwriting Office Location: 52-56 Leadenhall Street, London, EC3A 2EB.

To apply for this position, please email your CV to hsaar@nexusunderwriting.com and careers@nexusunderwriting.com.
Account Manager, Commercial UK & Ireland – Regional Sales, Manchester

Our organisation
Atradius provides trade credit insurance, surety and collections services worldwide through a strategic presence in 50 countries. Atradius has access to credit information on 200 million companies worldwide. Its credit insurance, bonding and collections products help protect companies throughout the world from payment risks associated with selling products and services on trade credit. Atradius forms part of Grupo Catalana Occidente, one of the leading insurers in Spain and worldwide in credit insurance.

Unit / Team
As the Commercial Unit is located across the UK and Ireland, our key responsibility within the Atradius group is to ensure profitable and sustainable growth of the Regional portfolio and to manage customer satisfaction, retention and distribution strategy.
Within the team are sales, account management, customer service & support, project management and control teams who work together to oversee and implement the Commercial strategy in order to achieve their targets.
Atradius has its UK and Ireland HQ in Cardiff Bay, and a network of offices throughout the United Kingdom and Ireland, so that our customers can be assured of our personal services.

Job description
As Account Managers in the Commercial UK & Ireland Unit and based in the Manchester office, to succeed in the role you must demonstrate a real desire to support our existing clients thus ensuring we remain the insurer of choice in a challenging marketplace. Working with our Broker community you will service and grow an existing portfolio of clients in order to meet their needs and achieve your retention and additionality targets. You will make presentations to clients, brokers and other industry professionals in order to negotiate and close renewal of the policies within your portfolio. To do this effectively you will have, or be able to demonstrate sound communication and negotiations skills. You must have the ability to plan and execute your work independently and be able to react quickly to changing priorities.
This is a full-time position (36 hours per week).

Knowledge, Skills and Experience
  • Experience within Credit Insurance desirable 
  • Strong understanding of policy structures and an excellent appreciation of the responsibility that comes with managing relationships and delivering against operational plans 
  • Ability to successful renew business, either at an individual or board level 
  • Well organised and prepared for all customer and broker visits 
  • Confident, ambitious self-starter with a desire to succeed in a competitive market 
  • A team-player, able to work alongside & with other team members to progress / enhance our offering to provide the optimum solution for our Clients & Brokers
  • Proven ability to achieve financial targets  
  • Relevant business experience or degree Right to work in the UK

What we offer
  • A great and challenging place to work - dynamic, transparent and informal 
  • An environment for our people where they can realise professional growth 
  • Work in a very international working place Good career opportunities 
  • Attractive terms and conditions: salary in line with market conditions, commission scheme, pension scheme etc.

Office Location
The Chancery, 58 Spring Gardens, Manchester, M2 1EW

Contact Person and Contact Details
Interested? Please send your CV and motivation letter to GBUKjobs@atradius.com
Only successful candidates will be contacted.
Closing date 16 February 2021
Account Handler – Marsh, Manchester
The company: Marsh
Marsh is the world’s leading insurance broker and risk adviser. With over 35,000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data driven risk solutions and advisory services.

The role: Account Handler
Due to unprecedented growth in our Manchester based Major Account Trade Credit Practice we have a fantastic opportunity for an experienced Account Handler. This is the perfect role for an individual with a background in commercial insurance/Credit Insurance or Underwriting looking to join an established, market leading insurance broker.
You can expect to work within a fast paced, specialised Credit Insurance team. You will act as the main point of contact and support. for a rapidly expanding book of large and multinational clients based outside London.

What you will be rewarded with?
We offer competitive salaries and comprehensive benefits.
We also support programmes including: health & welfare, tuition assistance, pension, employee assistance program, career mobility, employee network groups and volunteer opportunities.

We will rely on you to:
  • Act as lead advisory colleague on large and multinational Trade Credit clients.
  • Develop renewal/placement strategies in conjunction with the Practice Leader and Client Executive and execute in accordance with client instructions.
  • Analyse quotes from carriers and provides analysis to more senior Advisory colleagues and/or clients to assist with developing solutions and renewals.
  • Support more senior Advisory colleagues to reach business goals and RFP’s through research and document preparation to support and assist the design, development, and marketing of new insurance and risk products.
  • Support the client credit management function by training and advising on policy operation, and negotiating credit limits and other issues with underwriters.
  • Build and maintain client and market contact at appropriate levels to execute effectively on clients program. 
  • Contribute to client retention through effective risk solutions and excellence in service.

What you need to have:
  • Previous Insurance experience within either Account Handling or Underwriting
  • Articulate with strong client facing and stakeholder management abilities
  • Proven negotiation skills
  • Good IT skills (MS Word / Excel / Power)

What makes you stand out:
  • Credit Insurance experience would be a huge bonus
  • Customer service skills
  • Able to understand a set of financial accounts
  • Effective team player

About us
Marsh is the world’s leading insurance broker and risk adviser. With over 35,000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data driven risk solutions and advisory services. Marsh is a business of Marsh & McLennan Companies (NYSE: MMC), the leading global professional services firm in the areas of risk, strategy and people. With annual revenue approaching US $17 billion and 76,000 colleagues worldwide, MMC helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. Follow Marsh on Twitter, LinkedIn, Facebook, and YouTube, or subscribe to BRINK.

We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients regardless of their gender expression or identity, marital and civil partnership status, ethnic origin, nationality, age, background, disability, sexual orientation or beliefs. We are proud of our inclusive culture where everyone feels empowered to bring their whole selves to work and thrive. Learn more about our foundational values, mission and vision for the future by reviewing our Greater Good Policy.
To apply, please send your CV with a covering letter to Steve Howells at Stephen.Howells@marsh.com.
Events
GTR MENA 2021 Virtual, 15-17 February 2021.
Global Trade Review's annual trade and export finance conference, GTR MENA, will return in 2021 as a hybrid event, providing an extended offering as the region’s leading gathering for networking and knowledge sharing, with a virtual event on February 15-17 and a physical event on September 29. Proceedings for the year will kick off with GTR MENA 2020 Virtual on February 15-17, set to welcome over 1,500 participants and featuring the chance to hear the latest insights and developments from experts on the most pertinent issues impacting on MENA trade, utilising a mixture of live-streamed and pre-recorded content and fostering a new way of networking via GTR’s dedicated virtual event platform.
As part of its hybrid offering for 2021, GTR MENA will also descend on Dubai in September for an exclusive one-day physical gathering. This will include an extensive programme, full exhibition and that much missed opportunity for participants to hold face-to-face discussions with industry peers and potential clients. 
VIRTUAL EVENT LINK: https://bit.ly/2VT3Q1e 
PHYSICAL EVENT LINK: https://bit.ly/3gnBJk8
GTR India 2021 Virtual, 10-11 March 2021.
GTR India will return in 2021 as a hybrid event, offering an extended offering as the country’s leading trade-based gathering for networking and knowledge sharing, with a virtual event on March 10-11 and a physical event in Mumbai in October.
For over 15 years GTR India has provided critical market insight combined with unrivalled networking opportunities with leading experts on the country’s trade environment and trade finance sector. Both events will delve into the most pertinent discussion topics impacting Indian #trade and #exports, from supply chain challenges, geopolitical considerations (including free trade agreements), support for exporters, digitisation drives and the measures taken across both public and private sector to aid business recovery.
VIRTUAL EVENT LINK: https://bit.ly/36VQ4By.
PHYSICAL EVENT LINK: https://bit.ly/36VbT48.
GTR West Africa 2021 Virtual, 24-25 March 2021.
GTR West Africa will return in 2021 virtually, providing an extended digital offering as the region’s leading event for trade discussion and networking on March 24-25.
Encompassing all the key aspects of the live conference experience through GTR’s established virtual event format, this hugely anticipated gathering will combine the highest level content with bountiful networking opportunities via our dedicated platform.
Harnessing the vast potential of technology for connecting West African trade leaders with their peers, this online gathering promises a comprehensive programme of live and on-demand debate, discussion and engagement, welcoming the region’s leading practitioners in trade, export and commodity finance to explore the latest developments, strategies and solutions employed to drive growth.
LINK: https://bit.ly/36XnLTf
GTR East Africa 2021 Virtual. 12-13 May 2021.
Following the success of the inaugural virtual event in October 2020, GTR East Africa will return once again in a digital form for 2021, taking place on May 12-13, 2021. Utilising GTR’s bespoke virtual event platform, this online gathering promises expansive networking and an extensive and comprehensive programme of live and on-demand content, welcoming the leading practitioners in trade, agribusiness, supply chain and commodity finance. Join industry experts from across the region to explore the latest developments, strategies and solutions employed to drive East African trade growth. LINK: https://bit.ly/3gphJ0x.
National Credit Awards 2021. 21 October 2021. The Waldorf Hilton, London.
New for 2021, MoneyAge is proud to present the National Credit Awards.
The awards are designed to honour the outstanding professionals and firms in the many varied fields of the credit industry, to recognise, celebrate, and promote best practice, to support continuing development, and to contribute towards raising the standards within the credit arena.
The awards are free to enter and you can enter as many categories as you like.
Head over to the website to find out more.
SUBMIT YOUR ENTRY: https://www.moneyage.co.uk/creditawards/index.php.
Deadline for entries: 25 June 2021
About the Sponsor: Credendo
For 100 years, Credendo has been forging strong links between entrepreneurs and their export markets, as well as creating tailor-made solutions, for large companies and SMEs.
Credendo is a European credit insurance group that is present all over the continent and active in all segments of trade credit and political risk insurance, providing a range of products that cover risks worldwide.
We are the first-choice business partner to protect against the risks of trade and investments in the real economy and to facilitate the financing of such transactions.
Our mission is to support trade relations.
We provide customised solutions of insurance, reinsurance, guarantees, bonding and financing related to domestic and international trade transactions or investments abroad. We protect companies, banks and insurance undertakings against credit and political risks or facilitate the financing of such transactions.

Full spectrum of political and commercial risks
Tit-for-tat retaliation, return of protectionism and political backlashes are making headlines.
Our single risk insurance policies can help any corporate to trade more effectively worldwide by protecting them against the full spectrum of political and commercial risks associated with doing business overseas. Our products also support banks and financial institutions by protecting their interests in financial contracts and investment projects. We work in partnership with our clients to establish the cover they need in line with their business strategies. Our specialists offer an excellent track record in assessing emerging markets- country risks, proven know-how and experience in insuring complex transactions, and substantial insurance capacity backed by our excellent credit ratings.
Find out more about Credendo at www.credendo.com or email at c.ramillon@credendo.com.
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