credit insurance

The end of the (insurance) year is the perfect time to take a critical look at your credit insurance. By streamlining your credit limits and preparing your turnover statement carefully, you can avoid unnecessary costs and ensure your settlement is correct. Let’s get started! 

Interest rates on business finance are rising. This also means that borrowing costs for businesses are increasing: every euro of debt capital raised costs more than before. If you want to mitigate this, you should look not only at the cost of finance, but above all at how much finance is actually required. Less working capital required means a lower interest burden. And the higher the interest rate, the greater that benefit.

In early October, the partners of the ICBA (International Credit Broker Alliance) gathered in beautiful Amsterdam. Xolv was, of course, there! At a time when geopolitical developments and shifting trade flows are presenting the international business community with new challenges, cross-border collaboration is becoming increasingly important. The partners in the international ICBA network are specialist independent credit insurance brokers, operating collectively in around fifty countries. They are deeply rooted in local markets, businesses and credit risks. Handy! 

Isn’t credit insurance simply a safety net against customers going bankrupt? That’s right. But it’s so much more than that. It’s a strategic tool for growing your business, entering new markets or, for example, offering more generous payment terms. You don’t just take out credit insurance for when your customer fails to pay. You take out credit insurance as a strategic tool to create commercial opportunities.

Allianz Trade's recent Global Insolvency Outlook 2026-2027 report leaves little room for doubt: the number of insolvencies worldwide will continue to rise in 2026. Geopolitical tensions, persistent inflation, higher energy prices and pressure on margins mean that companies increasingly face payment problems from customers and suppliers. For entrepreneurs, this means one thing above all: cash flow and working capital are becoming more important than ever.

In an increasingly divided global economy, credit and political risks have become very important for companies, banks and investors. Tensions between countries, changes in supply chains, sanctions, new regulations and problems in governments do not occur occasionally, but are now a regular part of reality. In this context, it is essential for organisations to find ways to deal with uncertainty without abandoning their international ambitions. Xolv asked Edward Nicholson, Managing Partner Credit and Political Risk at our sister company SRG, how to protect your business and continue to make strategic choices.

The commodity trading sector is characterised by high trading volumes, thin margins and strong price volatility. At the same time, transactions are often international and capital-intensive. On that playing field, a buyer's payment problem can directly affect liquidity and risk exposure. Credit insurance can therefore be a strategic tool to manage payment risks while enabling commercial growth.

December is a busy month, but now is precisely the time to take another close look at your credit insurance. The checklist below will help you avoid unnecessary costs, keep risks under control and start the new year with a healthy balance sheet and a policy that really suits your business operations.

As an entrepreneur, you want to be able to grow without worrying about uncovered risks. Yet sometimes you find that your insurer becomes more cautious just when you need more cover. That's where Xolv's Risk Underwriter comes in: someone who really understands your situation and makes sure you keep the right room to do business.

You use credit insurance to protect yourself against the risk of non-payment. This offers peace of mind and security, but it also comes with clear obligations. One of the most important ones is the collection procedure. As soon as a customer does not pay within the agreed period, the claim must be transferred to the credit insurer in time.