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Credit Insurers Raise Rates in Germany as ‘World Is on Fire’

Credit insurers have raised premiums by as much as 20 percent this year and may increase them more as defaults climb.

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Credit insurance growing in popularity

More companies are turning to credit insurance to protect themselves during the economic downturn

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Our services

Credit insurance

CRiON is an insurance broker specialising in insuring credit risks both commercially and politically. We provide for the credit insurance which best suits your needs. We also help you to manage it in the most efficient way.

Our services

Not every credit insurance product is the same. Not just every credit insurance product meets your specific needs. That is why we make a cost free comparative market study of various credit insurance agencies’ policies. Even if you are already assured by another broker or directly by a credit insurer.

If you buy credit insurance at CRiON’s we help you to further manage your insurance effectively. In this way we guarantee a fast treatment of your credit limit requests and of your claims. But, there is much more: as a CRiON client you are entitled to

  • A pro active comparison of your policy conditions with market conditions
  • Immediate response to your credit limit problems
  • claim files
  • Alternative payment collection solutions
  • A gradual build up and control of the contract conditions and appendices
  • Optimising the management of your debtor’s portfolio
  • Training of your staff responsible for debtor’s control
  • International credit insurance programmes for all your worldwide subsidiaries
  • Alternative risk financing.

Our Policies

In order to be able to recommend you the best credit insurance we continuously monitor the offers of credit insurers worldwide. We compare their policy conditions and screen their services.

News

Intrum and Coface join forces

Intrum Justitia and Coface, joint venture in France to collect debts from consumers

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German buyers call on credit insurers to provide capacity

The German commercial insurance buyers' association says that while it would welcome any move by the government to provide additional credit insurance capacity, it would prefer that insurers address the tightening conditions on their own.

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Soaring insolvencies strike UK businesses (Credit Today)

The number of company liquidations rose by 15 %.

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Heaviest Impact of the Credit Crisis yet to Come - Atradius

Awareness of the potential risks that can damage your business is essential to maintaining a healthy company. The credit crisis is highlighting the importance of protecting the most important organ of financial fitness, your cash flow.

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Builders, shops and entertainment hit by downturn in UK

The construction and retail sectors, followed by leisure, have been picked by insolvency specialists as the sectors suffering most in the economic downturn.

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Maaltemeers 84, 9051 Gent, Belgium • T +32 (0)9 244 62 62 • F +32 (0)9 244 62 63 • info@crion.com