Credit insurance helps companies to manage and protect their trade receivables, to select the right customers and move safely into new markets. Euler Hermes is No. 1 worldwide in credit insurance, with a 37% global market share. The company is a major player in the financing of trade receivables (securitization) and trade debt collection services. Our mission is to help companies grow their business worldwide through secured and optimized trade receivables management.
An Euler Hermes credit insurance policy includes three services:
- Risk prevention
- Debt collection
- Claims payment
Other services of Euler Hermes are bonding and guarantees, insurance against fraud, export guarantee and credit rating.
Euler Hermes knowledge of buyer risks features:
- Expertise in trade and buyer risks based on frequent and rigorous analyses
- Exclusive buyer information gathered locally and shared in a continuously updated database
- Credit decisions made in the country closest to the buyer
The company's integrated IT systems include a centralized IT production center for core business applications and a worldwide deployment of common applications with local customization.
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