Businesses relying on Trade Credit Insurance who are struggling to maintain cover due to the current pandemic, will get support from the UK government.
UK and Ireland Fuel Distributors Association (UKIFDA) will be celebrating the 40th anniversary of UKIFDA Expo (formerly FPS Expo) in June 2020.
New ABI figures reveal record levels of credit insurance claims for Q3 2019, with 330% increase in value from Q2.
Dragon’s Den “Dragon” Peter Jones reminds us why not taking out a credit insurance policy was one of the worst business decisions he ever made.
Recent figures reveal a 6% rise in new trade credit insurance claims for Q1 2019 from Q4 2018. This is now the highest quarterly level since Q2 2009 totalling 5,114 new claims.
Recent Red Flag Alert research from Begbies Traynor reveals that the number of businesses in ’significant’ financial distress at the end of Q1 2019 reached 484,000.
Up to date information outside of the public domain can help businesses focus their credit and sales resources on the right customers.
Atradius warn that corporate insolvencies in advanced markets are set to rise by 1% in 2019 which is the first increase since 2009.
Credit Insurance helps UK firms survive unpaid debts which are now at their highest level since 2009
Trade credit insurance claim payouts reach £5 million a week as the number of claims increased by 60% in the last year.
The total value of fraud in the UK reached a 15 year high in 2017, but has now more than halved from £2.1bn in 2017 to £746.3m in 2018, according to research carried out by BDO LLP.