HM understands and works with clients that have a need for Trade Credit insurance. Sometimes called Credit Insurance, Trade Credit is an evolving area of risk transfer for companies that have commercial accounts receivables that could be exposed to catastrophic loss resulting from the insolvency or “non/slow-payment” by its buyers and from political events that obstruct payment.
Trade Credit is growing at a rapid pace within the United States. It has become a strategic management tool for companies to protect from commercial A/R losses following a customer’s bankruptcy or payment default, or even events in overseas markets such as political turmoil and trade restrictions.