Insurance
Insurance coverage:
- Protects companies against buyers' failure to pay their credit obligations
for commercial or political reasons, - Encourages companies to offer foreign buyers competitive terms of payment,
- Supports an exporter’s prudent penetration of higher risk foreign markets,
- Gives exporters & their banks greater financial flexibility in handling overseas accounts receivable;
- No restrictions on origin of products or foreign content;
ATRADIUS
Credit Insurance by Atradius is a flexible and cost effective way to remove the obstacles of trading both at home and overseas. Atradius' policies protect companies against unexpected or catastrophic losses as a result of:
- Commercial Risk - Insolvency and protracted default.
- Political Risk - Government Moratorium, nontransfer of payment, public buyer default and contract
frustration.
Atradius credit insurance allows you to sell more goods and services on open credit terms, boost borrowing power, stabilize cash flow, and develop new markets. Often the cost of credit insurance is just a fraction of 1% of sales.Atradius Trade Credit Insurance, Inc. part of the Atradius Group headquartered in Amsterdam, is majority owned by Swiss Re and Deutsche Bank. The Group is the second largest credit insurer in the world, with a 25% global market share and a premium volume over $1.3 billion. Atradius has a presence in more than 40 countries around the world and is backed by the financial strength of some of the world's leading reinsurers and most respected financial institutions. Atradius has stand alone rating of "A" from Standard and Poor's and "A2" from Moody's.
Contact:
Kevin O'Brien, Regional Manager
2 Upland Drive
North Attleboro, MA 02760
Phone: 508-699-5591
Coface North America - North-East Region
Coface North America, Inc. is a managing general underwriter. We are focused exclusively on credit insurance, offering world-class underwriting facilities and in-depth market knowledge. Credit specialists are located throughout the United States and Canada to provide you with personalized, expert service.
Coface, one of the world's leading credit insurance and credit management service providers, has nearly 60 years' experience of facilitating global trade. Coface serves companies of all sizes and nationalities, operating in all sectors of the economy. Its global credit risk rating, management, insurance and financing offer allows companies to tap the myriad opportunities created by globalization, armed with first rate information and protection. Clients can also outsource all or part of their receivables/payables management, together with the associated risks.
Coface meets the credit insurance and credit management needs of 83,000 clients worldwide as well as providing various bolt-on services:
- The Group's expertise in credit insurance covers both domestic and export credit.
- Credit management services encompass credit information, @rating (the world's first credit risk information and rating system), receivables collection and management.
- Bolt-on services include guarantee insurance, BtoB marketing services and receivables financing.
Contact:
David Leggiadro
121 Whitney Avenue
New Haven, CT 06510
Phone: (203)-255-0331
FCIA Management Company, Inc.
Credit insurance is a risk management tool that can provide concrete solutions for the trade expansion issues you may be facing. FCIA sells all of its products through licensed insurance brokers or independent agents. Please contact your broker or one listed on http://www.fcia.com/brokers.htm for an application form. Our quotes are provided to brokers and independent agents free of charge. The benefit of working with brokers and independent agents is that the broker serves your interests rather than those of a particular insurer. We have compiled a listing of some of our most active brokers & independent agents. Although we have shown only the headquarters in each case, many of them have offices throughout the U.S.) To view the list log in to: http://www.fcia.com/brokers.htm If you would prefer to work with a broker that may already handle your other business insurance needs, we would be glad to contact them on your behalf.
Inquiries:
Roanoke Trade Insurance, Inc.
With offices in ten U.S. cities and a network of agents in over 90 countries, Roanoke Trade Services offers global coverage and local service throughout the world. Access to leading domestic and international insurance companies enables us to provide comprehensive and cost effective coverage, with prompt and reliable claims management. Recognized for our experience and dedication to quality service, firms involved in global trade and transportation look to Roanoke Trade for insightful approaches to meeting their unique insurance, surety and Carnet needs. Creative problem solving leads us time and again to set industry standards. This inspiration stems from a genuine commitment to our clients. We welcome the opportunity to discuss your specific risk management requirements and determine how we might put our experience to work for you. From specialized marine and surety protection, to complex property and casualty coverage, Roanoke Trade is prepared to meet your needs now and in the years ahead.
Contacts:
Rick Bridges, Assistant Vice President
Boston, MA 02109
Phone: (800) 762-6653
Maureen Mezei