credit insurance

The accounting rules introduced in 2018 under IFRS 9 aim, among other things, for companies to reflect their debtor risks in the balance sheet more accurately and transparently than ever before. To achieve this, companies have had to move from an 'actual incurred loss' model to the 'expected loss' model. Quite a challenge!

Do you recognise this? As a supplier, you want to supply goods or services, which in terms of size and duration are not covered (or limited) by your regular credit insurance. In such cases, for some time now there have been excellent solutions on the market to still cover your risks: project-based credit insurance. We explain two possibilities.

The majority of trade with foreign countries takes place with neighbouring countries within the EU. But there are also huge opportunities outside the EU, although these opportunities also come with risks. How can you best prepare for this?