With the proper credit insurance to protect your receivables, you can offer buyers attractive terms while protecting your balance sheet.
US$650 million in coverage placed globally... More than 300 trade credit specialists in 50 countries
Senior managers and directors have considerable responsibility to ensure that threats to the sustainability of their businesses are controlled and managed. Within the framework of complying with the duties of managing a business, it is possible that credit risks may be overlooked. Yet the impact of a bad debt on the business can be catastrophic.
The real value of credit insurance, aside from balance sheet protection, is that it not only facilitates improved cash flow and lower borrowing rates, but also helps enable increased funding levels from your bankers. It creates a secure platform for developing trading relationships with new partners and products, or in new markets, giving you a competitive advantage over businesses that use their own balance sheets to fund such risks.
Focused exclusively on trade credit insurance, our team has a detailed understanding of the issues around receivables and the insurance market knowledge and relationships to help with competitive rates.
The result: Marsh’s Trade Credit Practice is able to provide you with insurance terms and program structures that minimise your costs, while helping to maximise your protection levels.
Marsh Pty Ltd (ABN 86 004 651 512, AFSL 238983) (“Marsh”) arrange this insurance and is not the insurer. The Discretionary Trust Arrangement is issued by the Trustee, JLT Group Services Pty Ltd (ABN 26 004 485 214, AFSL 417964) (“JGS”). JGS is part of the Marsh group of companies. Any advice in relation to the Discretionary Trust Arrangement is provided by JLT Risk Solutions Pty Ltd (ABN 69 009 098 864, AFSL 226827) which is a related entity of Marsh. The cover provided by the Discretionary Trust Arrangement is subject to the Trustee’s discretion and/or the relevant policy terms, conditions and exclusions. This website contains general information, does not take into account your individual objectives, financial situation or needs and may not suit your personal circumstances. For full details of the terms, conditions and limitations of the covers and before making any decision about whether to acquire a product, refer to the specific policy wordings and/or Product Disclosure Statements available from JLT Risk Solutions on request. Full information can be found in the JLT Risk Solutions Financial Services Guide.