Aon claims ratings agencies falling behind credit insurers

According to the broker, this shift in power means that it is in businesses' interest to work with credit insurers – which provide suppliers with cover against bad debts – to ensure that they have sufficient insight to enable credit lines for their key suppliers.

Stuart Lawson, head of Aon Trade Credit in the UK, commented: "The key is not to see this as an unnecessary intrusion but view information requests from insurers as a positive step to enable credit lines to be maintained or even increase

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