In an increasingly difficult economic climate, Trade Credit insurance protects you from the risk of bad debts when your clients become insolvent. This enables you to protect your cash flow and profitability providing confidence to offer large lines of credit to your clients.
Trade Credit insurance is a straightforward, cost effective way to ensure you get paid for goods and services you supply. In an increasingly difficult economic climate, Trade Credit insurance protects you from the risk of bad debts when your clients become insolvent.
This enables you to protect your cash flow and profitability providing confidence to offer large lines of credit to your clients.
Data Analysis is Critical
Our underwriters have sophisticated commercial databases and employ teams of credit analysts throughout the world to constantly monitor your exposures, allowing the policy to become a credit management tool that can help you to avoid bad debts in the first place.
This enables you to trade with the confidence to take on new customers and provide increased credit lines to existing clients knowing your outstanding’s are insured. This is especially useful during a difficult economic cycle.
Our Products and Services
We offer a range of trade credit covering:
Whole of turnover
Excess of loss
Major buyer
Single risk
Small and Medium Enterprises (SME)
Since handling our account they have improved in particular our coverage and kept our premiums down during some tough economic head winds. Lockton have been very effective in finalising some larger Trade Credit claims resolving them in a timely manner.
“Seeing our colleagues come together to make a genuine difference in the community is truly inspiring,” Pannarat Chuntorntaweekiat said. Since taking charge of the CSR program at Lockton Wattana Thailand, Pannarat has brought together Associates, clients, and ...
