Trade Credit Insurance

International Trade Credit Insurance Coverage for the Global Trade Credit Insurance Marketplace

Through our Strategic International Insurance Company Partners, Castle Rock International Insurance offers an International Trade Credit Insurance program, which provides the security a company needs to compete globally by insuring what is often the company’s largest asset — its accounts receivables. Programs include:

Comprehensive International Export Credit Insurance
International Insolvency Trade Credit Risk Insurance
Direct International Credit Risk Insurance

Policies can be underwritten to protect against nonpayment of both foreign and domestic accounts receivables, and can be customized for each insured’s specific trade credit insurance requirements.

What is the importance of Trade Credit Insurance?

Trade Credit Insurance Can Protect your Balance Sheet
Global Trade Credit Insurance buffers the policyholder’s bad debt reserve, providing additional protection against large or unforeseen losses due to nonpayment of accounts receivables.

Obtain more attractive financing
Companies that finance their foreign receivables with a bank may find that they are able to obtain more favorable financing agreement by leveraging their receivables as part of a receivables financing program.

Allow You Business to Expand International Sales
Insureds can confidently expand sales—and perhaps offer more competitive terms of sale to credit worthy buyers—knowing that the possibility of unforeseen losses is insured.

Our policy offers limits for the full policy term that can not be canceled.

Accounts Receivable and Credit Management Services

With our international partners you have a virtual Credit Department that offers companies fast efficient:

Customer credit analysis and credit-limit approval
Receivables insurance to protect against losses
Collection services for unpaid receivables

With our International Trade Credit resources, companies can:

Grow their top-line by expanding sales without increasing loss exposure; obtaining larger lines of credit and more competitively priced receivables financing from banks; and offering more competitive terms of sale or relaxed credit terms to customers.

Manage credit risk by using our underwriting expertise and extensive company information database to assess the creditworthiness of customers quickly and cost-efficiently. We also enable insureds to detect changes in the customer’s financial condition early on due to our continuous automated monitoring.

Reduce costs by minimizing and protecting bad debt reserves; lowering receivables management expenses; and outsourcing collections to a professional recovery service for a special low fee.