Trade Credit insurance is a straightforward, cost effective way to ensure you get paid for good 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.
Trade Credit Insurance
Protect your cash flow. Grow with confidence.
Protect your cash flow. Grow with confidence.
Every time you offer goods or services on credit you're taking on risk, and in today’s business environment, that risk can be unpredictable. Trade Credit Insurance is a powerful tool that protects your business against the financial impact of customer non-payment due to insolvency, default, or political disruption.
But it’s more than just insurance.
A typical policy covers up to 90% of your accounts receivable, helping you safeguard cash flow and trade with confidence. In addition to financial protection, trade credit insurance also provides:
- Real-time insights into your customers’ financial health, helping you make informed credit decisions.
- Access to global collections services, supporting recovery of unpaid debts.
- Enhanced credit management procedures, including limit monitoring, reporting tools, and risk alerts.
Whether you're looking to reduce bad debt reserves, improve access to finance, or expand into new markets, trade credit insurance can be a strategic enabler of growth.
Credit Solutions Team
At Lockton, our Credit Solutions team brings together deep expertise from across the trade credit insurance industry. Our professionals have experience working for global insurers and brokers, giving us a unique perspective on risk and commercial strategy. We don’t believe in one-size-fits-all solutions. Every business is different, and so is every insurance program. We work closely with our clients to design tailored solutions that align with operational needs, financial goals, and industry-specific challenges. Our approach is collaborative, outcome-driven, and built on a foundation of trust and transparency.

Our Products and Services
Lockton offers a comprehensive suite of trade credit insurance solutions, including:
Whole of Turnover Cover: Protects your entire receivables portfolio against buyer default.
Single Risk or Named Buyer Cover: Targeted protection for key accounts or high-risk exposures.
Excess of Loss Programs: Designed for larger businesses with strong internal credit controls.
Mid to long term contracts (1-5 years)
Supply Chain Insurance
Structured products incorporating security and asset finance
Asset finance
Financial institution cover
Receivable and supplier financing
Get in touch with us today to learn what a tailored trade credit insurance program could mean for your business and how Lockton can help you protect what matters most.
The services WorkPac has received from Lockton has been consistently market-leading, proactive and attentive.
Key Contacts
Gareth Nicholls
National Manager, Credit Solutions
gareth.nicholls@lockton.com
+61 478 998 264
Sam Rodda
Client Manager, Trade Credit Solutions
sam.rodda@lockton.com
+61 478 976 648
Amanda Best
Client Manager, Credit Solutions
amanda.best@lockton.com
+61 472 501 065
Suzanne Dassen
Client Manager, Credit Solutions
suzanne.dassen@lockton.com
+61 499 018 852

Get in touch
Questions? We'll guide you in the right direction.
Ask us about our products, services or anything else on your mind. Our insurance and risk specialists are here to help.
Talk to our teamTrade Credit Insurance FAQs
How can businesses leverage trade credit insurance?
For creditors looking to protect themselves from buyer defaults, trade credit insurance is a key risk mitigation tool. This type of policy is designed to provide protection – subject to conditions – against non-payment for goods or services sold on credit terms. To fully leverage trade credit insurance, businesses should follow best practices: report overdue accounts on time, foster transparency between customers and insurers, and regularly review credit limits to align with evolving exposures.
What does a Trade Credit Insurance policy include?
A trade credit insurance policy typically includes several key features designed to support and protect your business. First and foremost, it provides financial protection against the risk of non-payment by your customers. In addition, most policies offer access to customer credit insights and monitoring tools, allowing you to track the financial health of your buyers. Many insurers also include debt collection services as part of the policy, assisting you in recovering outstanding receivables.
How does it help with financing?
Trade Credit Insurance can improve your access to funding. Banks and lenders often view insured receivables as more secure, which can lead to better borrowing terms and increased credit lines.
Is it expensive?
Premiums vary based on your industry, customer base, and coverage structure. Lockton works with you to design a program that balances protection with cost-efficiency, in line with your risk appetite and preference.
What happens if a customer becomes insolvent?
If a covered customer becomes insolvent (e.g. enters administration or liquidation), you can lodge a claim for the outstanding balance. Lockton supports you through the claims process to ensure timely and accurate settlement.
Can I insure international customers?
Yes. Trade Credit Insurance can cover both domestic and international buyers, including protection against political risks such as currency inconvertibility or government intervention.
Why choose Lockton?
Our Credit Solutions team combines global experience with local insight. We tailor every program to your business needs, provide hands-on support, and maintain direct involvement from senior specialists throughout the policy lifecycle.
With a global footprint of 135+ offices, there’s sure to be one near you.
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