Whether you are an oil company, trader, distributor, fuel card
operator or agent involved in bunkering, bad debts are an unavoidable
risk of doing business.
As an accredited member and recommended partner of the Federation of Petroleum Suppliers we understand the risks that affect your business and the impact that bad debts can have in a market that traditionally works on very tight margins.
Through our regular work within fuel credit circles and particularly the Petroleum Distributors Intelligence Unit, which we were instrumental in setting up, we have a unique insight into the issues where Credit Insurance can help.
The peace of mind that Credit Insurance provides, along with access to skilled risk analysts who specialise in the fuels sector and the buyers of fuel, could prove an invaluable addition to your existing credit management processes. The access to up to date credit information from both within the UK and overseas always ensures that you are trading not just on reputation, but with the knowledge that insurers know and have met with your major customers.
With over 25 years experience working within your sector, and having had arranged Credit Insurance for in excess of 90% of the UK fuel oil sector, Acumen have the expertise to tailor products to meet your individual needs, recommend the most appropriate insurer and address those issues which uniquely affect your sector.