Covid-19: Industry welcomes government-backed trade credit reinsurance scheme

UK money

The insurance sector has welcomed the government’s move to develop a temporary reinsurance scheme to guarantee transactions supported by trade credit insurance.

British Insurance Brokers’ Association (Biba) CEO, Steve White, told Insurance Age that he was “pleased by the announcement”, adding that it will secure the continuing supply of trade credit insurance as the economy starts to re-open.

“Our members told us that without government intervention to underpin the trade credit insurance

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: