Product of the month - Commercial risks

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Product: Commercial Risks policy (credit insurance)

Underwriter: Euler Hermes UK

Commission Paid: Variable

Coverage

This policy offers an integrated credit management solution, encompassing information-collection and protection via an online system within the scope of the policy.

It also offers protection for businesses trading on credit, typically with turnover in excess of £10m who wish to protect their business against the effects of non-payment by customers, whether due to protracted default

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The growing role for brokers in fighting insurance fraud

With reports of fraud escalating in terms of value or number, the role of brokers in combatting these crimes should not be underestimated. Edward Murray looks at the controls, validation tools and processes being implemented to support both detection and prevention.

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