credit insurance

The chances of the Dutch economy falling into recession are rising, say ABN AMRO and Rabobank. According to the banks' economists, high inflation, clogged supply chains, interest rate hikes, labour shortages and lockdowns in China are the culprits. In this article, we discuss the impact of this mild recession and how you can continue to trade with your customers and suppliers with confidence.

The holiday season is approaching. Many companies run into liquidity problems precisely during these summer months. Now perhaps even more so than in recent (corona) years. Several reasons can be found for this. Think of the government support measures that have been discontinued, raw material prices that are skyrocketing, massively increased energy costs, staff shortages, inflation that is at dangerously high levels, falling consumer confidence and the recession that lurks. In this article, we explain where summer liquidity problems come from and, more importantly, how you can guard against them.

Most people think of credit insurance as covering debtor risks. But actually, credit insurance is much more about avoiding these debtor risks. In fact, it is a great tool to exploit opportunities! In this article, we will show that credit insurance is a great tool for you to grow your business.

Due to increased commodity prices, transport costs, ever-increasing inflation and the war between Russia and Ukraine, there is increasing pressure on credit limits. If the many ominous reports are to be believed, it is now more imperative than ever to keep your cover at the right level. If your credit limit does get reduced, you can do something about it. In this article, you will read about the options of applying for a Top-up limit with a second insurer.

Xolv gets a lot of questions about whether there is now political risk coverage as a result of the war between Ukraine and Russia. An easy question, but a somewhat complicated answer. In this article, we provide the clearest possible answer to this question.

With ongoing digitalisation, credit insurers are increasingly communicating with its customers online. In this article, we provide an overview of notifications, messages and alerts in your online customer portal that relate to your credit insurance. In the online customer portal, you can set up how you want the credit insurer to keep you informed. Often this is by mail, online or both.

In 1993, Dirk (51), the eldest son of Guido Schaffrath, joined his father's company at the age of 23. Initially to automate stock, orders and invoicing. For this, he was given cart blanche by his father, who himself was used to still doing everything on paper. Xolv is impressed how, thanks to advanced automation, the company now offers manufacturers and retailers unique added values.

Automating work processes has become an integral part of our society. Everything has to be faster, more efficient and error-free. Even in the areas of credit management, finance and credit insurance, processes are highly automated. This also makes it possible to link systems from several parties via APIs and interfaces. Paul van Uden, managing director of Xolv, explains how Xolv has done its bit to automate credit insurance work processes with the help of Polismanager. Besides automating credit insurance work processes, the Policy Manager also exchanges information between the credit insurer, the insured company and Xolv.

There was a time when insurers only insured a company's entire turnover. Later, it became possible to make a split between domestic and foreign and now organisations can also insure some or even a single buyer or transaction. Why this is wise in some cases, you will read in this article.

The Netherlands has traditionally been a country of traders. Nowadays, a large proportion of SMEs are involved in trading. This means that in many cases they do not produce themselves, or at least have a significant part of their product produced elsewhere. These companies buy in products after they have received orders, but sometimes even before that, so they deliberately take some inventory risk. Credit insurance can play an important role in preventing business from grinding to a halt. In this article, we explain how credit insurance speeds up trade and makes financing easier.