Credit Insurance

Trade credit insurance protects your business from bad debts. It insures your accounts receivable and protects your business from unpaid invoices caused by customer bankruptcy, political risks, or other specific reasons that you can agree with us.

Trade credit insurance is also sometimes known as debtor insurance, export credit insurance and accounts receivable insurance.

Step 1: We check the creditworthiness of your prospect or customer and let you know whether we insure your sales to them and if so, how much?

Step 2: You start trading and inform us regularly about your turnover with the insured customers. The frequency of the turnover declaration is defined in the contract.

Step 3: Not paid? In line with the contract we will normally first collect the debt via our collection service. If this not feasible, we will pay your claims based on the agreed policy conditions.

The cost of your credit insurance policy is calculated as a percentage of your turnover combined with the level of risk in your portfolio. The greater the risk, the higher the premiums.

Credit insurance usually costs between 0.1% and 0,5%. That means on a typical policy our customers pay between 10 and 50 Euro cents for every 100 Euro we insure.

Most of our customers pay their premiums on a monthly basis and renegotiate policy conditions at the end of their insured year.

Grow your customer base: as potential buyers may be attracted to your credit terms
Enhance trade: providing you with the confidence to develop and expand your market
Support cashflow: enabling you to build strong relationships with your suppliers and employees
Safeguard customer relationships: through improved communication and enhanced credit terms
Improve your access to finance and your relationship with your bank
Meet the risk management requirements of your stakeholders or board and provide peace of mind

One Credit Insurance policy, customised to your needs

To keep things simple, we offer a single policy: Modula. Within this policy is a range of modules to suit your needs.

Acting as ‘building blocks’ of coverage, this approach allows us to create a detailed, bespoke policy that reflects your specific trade exposures.

This flexibility is especially valuable when you need to cover different customers or markets with varying risks.

Modula enables clear identification and differentiation of risk levels between customers. By offering a single policy, we promote standardisation and clarity, while the individual modules provide a custom fit tailored to your unique requirements.

Additional benefits of our Modula system include:

Consistency across markets and languages – Our multilingual underwriters and legal team ensure that your policy is clear and conveys the same meaning across all languages;
Transparency – Your policy will only include conditions relevant to your needs, free from unnecessary jargon or irrelevant clauses;
Easy online administration – Manage your policy directly through our online system, Atradius Atrium, where you can quickly establish credit lines, notify us of claims, track progress and make changes.

Quote

"Atradius helped us to grow our business step by step. We have provided a better service, been able to increase activity with old customers, and start business with new ones."

Credit Manager, Large Agriculture Company

Our customer service

Easy account management

You can manage your daily policy activites and analyse your portfolio of your customers directly through our credit management hub - Atradius Atrium.

Learn more about Atradius Atrium

One policy, personalised options - Modula

Modula allows for varying levels of risk and need between customers to be clearly identified and differentiated. Providing a single policy promotes standardisation and clarity, while the individual modules allow for a custom fit and a policy suited to each individual need.

Debt collections brings peace of mind

In addition to covering up to a maximum of 95% of bad debts, our debt collections service is an integral part of your policy. This means that, for no additional cost, we will help you settle outstanding invoices through our network of collections specialists throughout the world.

Local expertise in local markets

Our experienced team are located throughout the world to support your business in any country, time zone, currency and language.

Case Study

Managing risk and gaining the confidence to explore new markets

Read success story

Trade and grow with confidence

One Credit Insurance policy, customised to your needs

Managing risk and gaining the confidence to explore new markets

Reach out if you need support or have any questions