Trade Credit Insurance

Most customers today require credit terms in order to buy goods and services. A reluctance to offer credit can place suppliers at a distinct competitive disadvantage.  Furthermore, with competitors often having trade credit solutions of their own in place, can companies afford not to level the playing field with a trade credit solution of their own?

Despite the uncertainties in today’s marketplace, granting credit can mean the difference between missing out on opportunities and successfully securing competitive tenders and maintaining the ability to secure sustainable and profitable growth in both new and mature markets.

We offer protection against non-payment by your customer due to insolvency, default, and country risk. In addition, there are many other coverage extensions offered depending on the business and requirements.

Global Expertise

Personal service from dedicated, empowered and experienced staff. Chubb’s underwriting team works together as a single unit with strategically located hubs:
 

• USA (New York, Chicago & Los Angeles)
• Europe (London & Hamburg)
• Latin America (São Paulo & Buenos Aires)
• Asia (Tokyo & Singapore)
   

In addition, through Chubb’s extensive network of regional offices, we are in many of the world’s major cities. Feel free to contact any of the below offices for a discussion.

Our trade credit insurance products are backed by the security of Chubb’s financial strength; the highest among all private market trade credit insurers. This financial strength is especially important to banks and other lenders for whom receivables represent a form of collateral. The craftsmanship associated with the Chubb brand results in tailor-made insurance solutions meeting our clients’ exacting requirements. As a matter of principle, we provide certainty of coverage for the period of the policy through non-cancellable credit and country limits, and we offer local, regional or central service according to requirements.

Our underwriters are supported by a highly experienced Credit & Country Risk Management team, whose analysts monitor companies and countries where credit risk is developing.

To support companies who have global insurance programs, Chubb has centres of trade credit expertise around the world. This network also means that our trade credit risk professionals have up to date information on trading conditions everywhere that we can share with all our clients.

At Chubb, we also understand that all businesses are different with specific needs. Our underwriters work closely with our clients and are able to take fast decisions on different aspects of their cover.