Protecting receivables and supporting confident growth

Trade Credit

Trade credit insurance for non-payment, customer insolvency and political payment risk.

Protecting receivables and supporting confident growth

Receivables may be one of the company’s largest uninsured assets. Trade credit insurance combines risk assessment, customer limits, monitoring, collection support and indemnification for covered non-payment.

Practical focus

A useful programme is not only a claims product. It provides a credit-control framework: which buyers are insured, how limits are approved, when overdue debt must be reported and what recovery actions preserve cover.

What the programme should address

Insolvency

Covered loss when a buyer enters formal insolvency.

Protracted default

Non-payment beyond the contractual and policy waiting period.

Political payment risk

Transfer restrictions or defined political events affecting payment.

Credit limits

Buyer-level exposure governed by approved or discretionary limits.

Collections

Coordinated recovery action before and after indemnification.

Kompetenz priority map

Buyer concentration

94%

Credit procedures

86%

Overdue reporting

82%

Country exposure

73%

Illustrative prioritisation used to organise the placement discussion; not market statistics.

How Kompetenz structures the solution

Analyse ledger

Segment buyers, ageing, concentration and bad-debt history.

Set credit rules

Align internal approvals with insured limits and reporting duties.

Structure cover

Choose whole-turnover or selected structures, retention and limits.

Operate policy

Monitor changes, declare turnover, report overdue debt and claim.

Questions to resolve before placement

How much exposure sits with the largest buyers?
Are sales teams following documented credit limits?
When must overdue accounts be reported?
Do contract terms and currencies match the insured receivable?

Build a decision-ready insurance brief

Kompetenz Insurance Broker can review the exposure, test programme assumptions, negotiate wording and limits, and establish a practical claims route before the policy is placed.

Services