All companies are exposed to losses
arising from the insolvency or protracted default of their customers. On
average, the "debtor balance" can represent about 40% of a
company's total current assets. Non-payment or late payment of debts has a
direct impact on the profit and loss account and balance sheet.
Insurance will provide the survices for the purpose
to support the sophisticated credit management system and encourage greater
credit management discipline of companies. It will
・manage credit risks by exchanging those risks for a badgeted premium
・enable supplyers to be
flexible in their sales programme by sharing risks
・provide the information of customers' changing
financial condition by the regular credit assesment
・protect the account receivables of current assets by
transfering credit risks to insurer
・minimize a direct impact on the cash flow by the
Through the services stated above, credit insurance will assist in a Supplyer's development of new market.
・provide the best programme
suitable to your business
・advise on the credit management to establish the
sophisticated credit management system
・indicate a direction to collect bat debts in
cooperation with insurer.