Tips to recognise and prevent fraud
Fraudsters operate in almost all sectors and are becoming increasingly creative. They purchase goods or services without paying, send fake e-mails to find out personal information such as bank details or send ghost invoices. This kind of fraud poses a serious business risk. How can you guard against it? We give you tips to protect your business so that you do not become a victim of scams.
'We do everything we can to bring a collection process to a successful conclusion'
At Xolv, we have been working with Mariënbergh Incasso Services in Bodegraven, an external collection agency specialising in debt collection at home and abroad, to our complete satisfaction for many years. Mariënbergh knows the ins and outs of the business, researches all cases from A to Z and does everything in its power to prevent legal proceedings. Using an example of a collection procedure, we spoke to director Patrick Spierings about their unique working method and the steps they take to bring a collection process to a successful conclusion."
The tip for faster and better settlement of your claims
You probably recognise it: nothing claimed for years, once you have a claim, the insurer pays nothing. What can you do to prevent this? In this article, we give you the tip for a faster and better settlement of your claims.
This is what awaits the Dutch economy after corona
The corona crisis has completely gripped the Netherlands for over a year now. We still face corona and its consequences on a daily basis. What will the Dutch economy look like when the corona era is over? In this article, we give our views on the post-corona economy.
What does factoring cost? All costs at a glance
Factoring is an alternative financing for entrepreneurs and has grown in popularity over the past 10 years. More and more companies are using it and, as a logical consequence, the number of providers has also increased. In this blog, we provide insight into what to look out for when choosing a factoring provider and how factoring costs are structured.
What is working capital and how do you calculate it?
Every healthy organisation is in possession of working capital. But if your company has (too) much cash on hand, this is not necessarily a good thing. By calculating working capital, you will discover how much financial leeway you have to make investments without having to tap additional capital. In this article, we will tell you more about working capital and how to calculate it to keep your business financially sound.
Case study: how Xolv still convinced a credit insurer to extend credit limit
One of our clients recently asked us to look into extending the credit limit on one of their largest customers. In this blog, we explain how we finally managed to convince a credit insurer to proceed with the extension.
These are the (long-term) effects of the Brexit and Covid-19 on credit limits
Brexit, the corona crisis... There were times when credit limits were less affected by global challenges. What are the short- and long-term implications of both issues? Our Senior Risk Manager Coen Blazer tells in the blog below.
Insurance is probability - this is how a credit limit is established
No one has a crystal ball that can predict the future. Not even credit insurers. But they do try to get close to it. Insurance is a combination of probability and statistics. Based on historical data and mathematical calculation models, insurers try to estimate as accurately as possible the probability of a future adverse event (resulting in damage). Credit limits are determined on that basis. In this comprehensive article, we explain in detail how a credit limit is established.
Life after state aid? This is what the biggest credit insurers predict
The corona crisis has hit the economy hard. How are the biggest credit insurers looking at the economic situation? What about the credit limits soon? And what happens if reinsurance is not renewed by the State? We put it to Risk directors Edwin Kuhlman (Atradius), Arthur Schellekens (Coface) and Johan Geeroms (Euler Hermes), who outline the challenges and opportunities for 2021.