Trade credit insurance – also sometimes called accounts receivable insurance – is different from “insurance” in the traditional sense. It is a partnership that provides world-class knowledge and data to empower your trading decisions, backed by a reimbursement guarantee should an unexpected customer non-payment occur. Businesses that choose trade credit insurance benefit from safe sales expansion – at home and abroad – to new and existing customers. This points to the major role trade credit insurance plays in facilitating international trade. Trade credit is offered by vendors to their customers as an alternative to prepayment or cash on delivery terms, providing time for the customer to generate income from sales to pay for the product or service. Trade credit insurance is purchased by business entities to insure their accounts receivable from loss due to the insolvency of the debtors.
This webinar will cover several main points:
•What is Trade Credit Insurance and how to leverage it for global operations
•How can Trade Credit Insurance reduce the risk of international transactions
Who should attend?
•CFOs, International Sales, Compliance, and others who work to mitigate risks associated with international trade transactions.
Who will present this material?
Nick Fow, Vice President - Sales, Euler Hermes North America
-- A copy of the presentation will be available after the webinar --
*This workshop is an approved STEP Grant reimbursement. If you have not applied for the STEP (State Trade and Export Promotion), please visit the Kentucky Export Initiative website for more information: Click here to learn more about the STEP Grant.