Credit Insurance
Proud to be partnered with Allianz Trade
The world’s leading provider of trade-related credit insurance solutions
What is Credit Insurance?
It is an insurance policy against the risk of non-payment of trade receivables (commercial and political risks). Trade receivables are goods or services despatched on short term credit
Credit Insurance covers the risk of non-payment when a business offers trade credit to a customer. It is an essential risk management tool, that enables companies of all sizes to trade with confidence at home or abroad
We offer a full credit management solution service providing access to all of our proprietary credit information via Allianz-Trade’s on-line information system, available 24 hours a day, 365 days a year – to help your clients grow their business and often the credit insurance policy pays for itself.
Prevention and Recovery of Unpaid Debit
In case of unpaid debt, Allianz Trade handles amicable and judicial procedures.
Customer Risk Prevention
We monitor and assess companies’ financial positions daily.
Compensation for Uncollected Receivables
In case of non-payment of the debt and after a pre-determined waiting period, we pay the claim.
Why Most Businesses Need Credit Insurance
Businesses use trade credit to manage and improve cash flow. It simply means that a supplier extends the usual 30 day business credit terms, giving the customer extra time to pay for the goods or services provided. It matters because many sources confirm that trade credit is the second largest source of finance for small businesses.
The problem is that businesses negotiate trade credit terms based on the customer’s perceived creditworthiness, but a supplier is often the last to know when a business is in financial difficulty.
Companies fail for a variety of reasons, from a change in their environment or management mistakes to suffering a devastating bad debt. Ultimately lackof cash flow causes businesses to become insolvent.
Consistently Delivering Excellent Service
Our customers are at the forefront of our business and we are committed to providing the highest level of service possible. For the last three years we have achieved the Feefo Gold Trusted Service Award, with a service rating of at least 4.9/5, meaning that this year we have gained Platinum status.
Why Choose DPI Insurance
