trade credit News

Brokers Missing Out on Big Opportunities in Trade Credit Insurance Market

Agents and brokers who are not selling trade credit insurance – also known as receivables insurance – are missing huge opportunities but also opening themselves up to errors and omission (E&O) exposures, according to trade credit insurance experts. Worldwide capacity …

Lockton Adds Trade Credit Expert Sukiasian in California

Lockton added Jackie Sukiasian as an account executive and member of Lockton’s trade credit and political risk team in Southern California. Sukiasian will operate out of the Los Angeles office. Prior to Lockton, Sukiasian worked at Willis Financial Solutions, where …

Zurich in North America Increases Trade Credit Insurance Capacity

Zurich in North America has increased its trade credit insurance capacity to meet the needs of customers across the globe. For customers in the short term trade credit segment, Zurich has increased capacity for an individual buyer from $82.5 million …

Trade Credit Insurers Increase Exposures to over $225 Billion

Global trade credit insurers have increased their exposures in the sector by over €180 billion [$226.8 billion], despite the continuing unstable economic environment. At a recent meeting in Singapore the members of the International Credit Insurance and Surety Association (ICISA) …

Miller Names Cunningham, Wauchope for Political, War, Trade Credit Risks

The UK’s Miller, a London-based specialist insurance and reinsurance broker, announced that it has appointed James Cunningham and Ewan Wauchope to bolster the broker’s political risk, trade credit and political violence capabilities. Cunningham joins Miller from Marsh. He has 20 …

Willis Exec Touts Captives As Key Tool in World of Changing Risks

In an environment of rapidly evolving risks, purely anticipating risk is not enough. Organizations also need to focus on building resilience to effectively manage risk and position themselves for long-term sustainability, according to a global insurance executive. Joe Plumeri, chairman …

Euler Hermes, China Pacific Team up to offer Trade Credit

Euler Hermes, the trade credit insurer of the Allianz Group, and China Pacific Insurance (Group) Co., Ltd. (CPIC Group), one of China’s largest insurers, announced that they “have combined their expertise to help Chinese companies to better manage trade credit …

Aon’s Electronic Media Forum, to Tackle Digital Credit Control Strategies

Aon Risk Solutions points out that the “increasing popularity of e-books, iPads, and other digital publishing technology is fundamentally altering the way publishers and content providers address the way they approach credit control risks.” As a result the international broker’s …

Miller Appoints Global Trade Credit Specialist

Miller, the UK-based specialist independent insurance and reinsurance broker, has strengthened its trade credit capabilities with the appointment of Robert Michael. Tim Press, Head of Special Risks at Miller commented: “Robert has extensive experience in working with trade credit risks and …