In focus: Making the most of trade credit
Rachel Gordon examines the opportunities for brokers in the specialist trade credit market.
The trade credit market is in fine fettle. Plenty of insurers, capacity and affordable premiums mean it's a great time to buy.
What is more, the claims environment is described as 'benign' - so is anything likely to upset the apple cart?
According to Ray Massey, director of credit for insurer HCC, cover represents excellent value. "Rates are soft and many companies find credit insurance is affordable. Banks are also encouraging take-up - seeing it as facilitating growth.
"It's good news for
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