Our News
Coface Shares Analysis on Covid-19 and the ‘Zombie’ Economy
Nicholas described how these factors have led to the phrase ‘Zombie’ economy with relatively few companies showing the signs of distress that would have been expected at this this point in the pandemic.
FinCred IS Goes Global
At FinCred IS is excited to announce that we have joined the global broking network, UNIBA Partners. UNIBA Partners is an owner-led, client-centric global network that provides insurance broking, risk management and employee benefits solutions to businesses. Our...
Clothing Case Study
Fashion Nation (UK) Limited were a manufacturer of women’s clothing who owed our client a large debt in unpaid invoices. On 14 May 2020 our client confirmed that the debtor had announced that their office would be closed and payments suspended due to Covid-19. Our...
UK Government Trade Credit Support Scheme
On 4th June 2020 the details of the Government Trade Credit Support Scheme were announced. The Government will support UK private sector B2B trade credit insurers with a £10 billion guarantee from 1st April 2020 until 31st December 2020. The Association of British...
Covid-19 Credit Insurance Update
Insurers have recognised these trading challenges and to assist insureds during this time many insurers have relaxed the policy terms around reporting overdue customers to allow policyholders greater flexibility to manage these payment delays.
Scots Auto Scene: A Risky Business
Trade credit insurance is a burgeoning industry - and with good reason. The highly publicised fallouts from the insolvencies of multinational construction services provider Carillion, wholesaler Palmer and Harvey and retail giant House of Fraser all sent shockwaves...
Mitigating the Risk of Customer Insolvency
On Thursday 29th November personal and commercial law specialists, Cripps and barristers specialising in construction and insurance law, Hardwicke, held their annual construction seminar which focused on insolvency from the employer’s perspective. With the failure of...
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