Trade Credit

Strathearn Insurance Brokers has a dedicated financial services division specialising in the procurement of trade credit insurance and other risk transfer solutions for clients with credit risk exposures. Our client base includes financial institutions, private and public listed companies.

Strathearn acts as an independent consultant of trade credit finance solutions covering both domestic and export trade receivables. By using trade credit insurance to underpin trade financing we are able to provide cost effective solutions for:

• Structured Trade Finance;
• Supply Chain Finance;
• Domestic & Export Receivables Finance (with or without recourse);
• Letter of Credit Financing;
• Pre-Export and Pre-Import funding;
• Protection against Unfair Calling of Bonds.

In order to provide the complete solution not always achieved by our competitors, our expertise in this specialised area extends to:

• Bespoke Policy Wordings
• Co-Insurance Lines for highly concentrated risks
• Securitisation

TAILORED TRADE CREDIT COVER

Trade credit policies can be structured in various ways with varying degrees of risk share (i.e. how much loss you wish to wear before calling upon the insurer to pay). Structures include but are not limited to:

• Whole of Turnover / Comprehensive Cover
• Catastrophe / Major Loss Cover
• First Loss Cover
• Major Debtor Cover
• Single Risk Cover
• Supplier Default Cover
• Buyer Credit
• Pre-Export Finance

KEY BENEFITS

• Protects businesses today against non-payment in the future
• Protects profits and cash flows
• Enhances Credit Risk Management procedures
• Increases confidence to increase sales
• Enhances the balance sheet
• provides additional security for funding lines
• achieves a more competitive cost of funds
• allows funding solutions to be geared to sales and not assets
• supports the supply chain