A credit insurance policy enables companies to protect one of their most important assets on the balance sheet: their outstanding customer receivables. This policy covers the risk an invoice does not get paid, following a bankruptcy for example.
It is also an efficient tool for every CFO, accountant, credit controller, business manager and so on for screening and monitoring new and existing debtors. Finally, the collection of receivables is also transferred to the credit insurer's collections department.
Taking out a credit insurance policy for your company will significantly improve working capital.
AlliA Insurance Brokers has in-house specialists who will advise you on the different types of insurance solutions.
- A comprehensive policy for the entire customer portfolio
- A single buyer policy
- A multi buyer policy for a limited number of pre-identified buyers
- Policies with credit limits that can be cancelled
- Policies with credit limits that can't be cancelled
- Top-up policies
- Excess of loss policies
For this we work together with the Big Four in Belgium: Atradius, Euler Hermes, Coface & Credendo.
If your risk is slightly more complex or if we can’t find sufficient capacity among the partners listed above, we can also reach out to insurers abroad via our network or alternative channels.
We tailor the policy to your wishes and needs and we will also be at your service afterwards with excellent follow-up and further guidance on the policy's management.
For SMEs with a turnover of up to €6,000,000 we have our own policy, the AlliA First policy, in collaboration with Atradius.
We also have expertise in other working capital solutions, such as sureties and factoring.