Biba launches trade credit scheme

debt-support

The British Insurance Brokers’ Association (Biba) has teamed up with CMR Insurance Services to offer a trade credit insurance scheme to its members.

The scheme provides access to cover designed to protect businesses from the risk of their commercial clients not paying invoices.

Biba detailed that CMR’s managed credit insurance policy reduces the risk of a bad debt destabilising a business.

Access
The head of technical services at Biba, Mike Hallam, said: “For members, this provides access to

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