What is Trade Credit Insurance?
What is Trade Credit Insurance?
Trade Credit Insurance is a casualty insurance that protects your company's Domestic and International Commercial Accounts Receivable from unexpected and catastrophic losses. These losses result from two sets of Risk Perils - Commercial Risk Events (that can cause non-payment of your A/R) and Foreign Political Risk Events (that can cause non-payment of your A/R).
Is My Company at Risk?
Is My Company at Risk?
Accounts Receivable losses are driven primarily by Customer Bankruptcies and Insolvencies, which are inevitable and on the rise both in the United States and around the world. In 2005, 39,201 companies in the United States alone filed for bankruptcy protection, leaving many suppliers as general unsecured creditors in bankruptcy. This rate of business failures is up 14.2% from the 34,317 U.S.
Customer Credit Insurance
Customer Credit Insurance
Of note is the Small Business Export Credit Insurance Policy and Program offered by The Export-Import Bank of the United States (Ex-Im Bank). Since its founding in 1934 as the official Export Credit Agency of our country, Ex-Im Bank has provided insurance and financing assistance to U.S. exporters, especially Small Business. Ex-Im Bank's Small Business Export Credit Insurance Policy

Trade Risk

Trade Finance
Export - Import
Trade Finance
export-import finance and commercial banking experience
Trade Credit
Insurance
Trade Credit
Trade Credit Insurance is a casualty insurance that protects your company's Domestic and International Commercial Accounts
Political Risk
foreign government
Political Risk
There is another set of risk of loss perils that can jeopardize the full and timely payment of a supplier's invoices to such international customers - 'Political' Risk of Loss Perils.
Domestic Credit Risk
Coverage
Domestic Credit Risk
Trade Credit Insurance is a casualty insurance that protects your company
Trade Disruption
Insurance
Trade Disruption
Trade Disruption Insurance covers the financial consequences - loss of business income and profits, as well as the incurrence of extraordinary, unplanned expenses - when a company's 'Supply Chain' is disrupted and/or interrupted beyond your control.
Foreign Markets
Devaluation
Foreign Markets
Political Risk Only Insurance does NOT cover a loss resulting from a Buyer's insolvency, slow pay behavior or foreign currency devaluation.
Small Business
Protection
Small Business
Small Businesses can use Trade Credit Insurance to give them the assurance that they will 'get paid' by both International and U.S. Customers.
Supply Chain Risk
Financial
Supply Chain Risk
The ‘risk' spectrum of Supply Chains and second what tools and techniques are available to successfully protect against unforeseen losses
International Risk
Protection
International Risk
International Commercial Accounts Receivable from unexpected and catastrophic losses.
Receivable PUTS
Cash Flow
Receivable PUTS
An Accounts Receivable (A/R) PUT is a simple contract where a major bank agrees to buy specified accounts receivables at face value if the obligor files for bankruptcy.

Services

Trade Credit Insurance

Protecting your company's Domestic and International Commercial Accounts Receivable through our agency.

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Trade Finance

Assisting your company's need to negotiate competitive trade finance commitments from banks and other lenders.

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Political Risk

Covering governmental actions that affect your business

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Supply Chain

Understanding your company's entire supply chain to implement the appropriate coverage of the risk.

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Message from the President

John R. Koch, CCE, CICE
John R. Koch, CCE, CICE President
The innovative products we offer are designed not only to expand sales to your customers in the United States as well as overseas but also to protect your company's assets and income from unexpected loss during the entire Trade Supply Chain. We invite you to learn more about the risks ever present in your Distribution Trade Supply Chain (pre-shipment and post shipment) and our solutions to reduce these risks and their associated losses that could financially cripple your company.