credit insurance

International trade brings opportunities, but also challenges. One of the big risks you face is currency risk. Fluctuations in exchange rates can significantly affect your profit margins. In addition, external factors such as political events, economic instability or legal measures in your trading partner's country can delay or even block payment of invoices. 

Sometimes an insurer approves a credit limit application only in part. However, many companies want the full credit limit covered. Especially for those companies, the Top Up policy has been introduced.

International Advisors (IA Group) is a partner of Xolv in the field of collection of large foreign receivables. IA Group tackles cases through personal contact and adequate follow-up.

Doing business in Africa presents opportunities, but also challenges. Especially in countries with economic or political instability, collecting payments can be a risky undertaking. Fortunately, there is a tool that can help with this: the Letter of Credit (L/C). Especially if you cannot get a credit limit on your buyer, this can be a good tool to still continue doing business. A Letter of Credit is a document in which a bank guarantees on behalf of your buyer that you will be paid once you have met the agreed conditions. It is a form of financial security that significantly reduces the risk of non-payment.

Inter-state conflict, failed national governance and rising nationalism are all part of the geopolitical landscape. Stability in a country can sometimes gradually crumble under the eye of the media. But often the old order collapses unexpectedly, leaving investors, lenders and contractors unprepared and with financial losses. Too often, companies discover they can no longer operate in a market they once considered predictable.

Obtaining financing is essential for the growth and success of your business. One way to obtain financing is through a bank loan or overdraft. When taking out a bank loan, it is common for the bank to impose certain conditions, also known as bank covenants. In this brief guide, we will elaborate on what bank covenants are, what types there are and the consequences of not complying with them.

Now is the time to take a close look at your credit insurance. What can you still arrange, or leave out, to gain maximum financial benefit? With these seven tips, you will be well prepared for 2025!

Don't panic! Applying for a credit enhancement, possibly with additional Top-Up cover, takes you through four steps:

It's that time again: our regular webinars on 'The ins and outs of credit insurance' are just around the corner! Whether you are a seasoned professional or just starting out on this topic, attending a session offers you the chance to refresh your knowledge and gain new insights.

With credit insurance, you will still get your money if your customers can no longer pay outstanding invoices. This protects your business against non-payment and prevents your own payment problems or continuity issues. But what can and may you do yourself under the policy's cover? Please note: the terms we describe may vary between policies and insurers