Marsh focuses on trade credit risks
Marsh has launched a Trade Credit Helpline to help UK businesses address issues related to credit risk.
The broker said that mounting fears of a UK recession among businesses have led to a sharp increase in enquiries about purchasing trade credit insurance, but the protection available from insurers is becoming limited in some sectors.
Marsh said it could provide advice to firms if their business or any business they trade with:
Has had their credit insurance reduced or withdrawn by credit insurers Is worried that payments from debtors may be missed due to default or insolvency Is currently reOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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