London – credit insurance london, debt collections london, credit management london, debt recovery london, risk management london, risk assessment london - London
Euler Hermes, London – Credit Management Solutions
In the UK, more than 80% of all daily business-to-business transactions are on credit terms. When it comes to keeping the economy and cash flow moving, trade credit is twice as important as bank funding. Without the ability to trade on credit, most business simply wouldn’t happen. And the facts show that, the better a business is at managing credit, the more successful it is.
At Euler Hermes UK it’s our job to help you use and manage credit to your maximum advantage, both in the UK and worldwide. Equally important, it’s our job to help you minimise the risk of things going wrong. (No small point when you consider that, at any time, the money owed by your customers is likely to be the largest asset risk on your balance sheet.)
Protecting your business, and helping your business to grow. Whatever your size, whatever your industry, there’s no challenge more important than that.
Credit Insurance London
Protection
It’s a startling fact that, if your business is anything like typical, your sales ledger probably accounts for around 40% of your total value. If your UK or foreign customers don’t pay you, you’ll struggle. Worse, you may not even survive. The facts are stark. According to the latest Government figures, over 13,000 businesses fail each year in the UK alone. And in many of those cases, the cause of failure was customers who either couldn’t or wouldn’t pay what they owed on time.
However, provided you take the right steps to protect yourself, none of this need be cause for concern. With our help, you can greatly reduce the risk of non-payment or late payment by your customers.
In the first place, we’ll give you time to act before things go wrong
If you’re used to thinking of insurers as only getting involved after disaster strikes, the way we work may come as a pleasant surprise. Because understanding the marketplace and analysing risk is at the core of what we do, there’s not a lot going on in your sector – indeed, any sector in any country – that passes us by. This means we’ll often be able to spot the signs that one of your customers is struggling before you. And where possible we’ll share that insight with you straight away – giving you time to take any steps necessary to reduce your exposure.
We’ll cover you should things go wrong
As the UK and the world’s largest credit insurer, we really can offer you the ultimate in commercial protection. It doesn’t matter what industry you’re in, or how big or small your business. We provide cover for every size and type of organisation – from multinationals to sole traders. In certain circumstances, we’ll even write a bespoke policy to cover the specific risks peculiar to your particular sector.
Growth
Of course, protecting you is an important part of what we do. But it is only part of the story. Why? Because we know you want to do more than survive. We know you want to thrive. For this reason we’ve developed a range of powerful proprietary information tools that don’t just safeguard your dealings with existing customers. They help you go out and win new customers too.
We’ll help you do more business with the right kind of people
As you know, not all customers are equal. Some are worth investing sales energy in, some are not. And the difference usually comes down to their ability to pay. On your own, you might find it hard to tell the two types apart. But with Euler Hermes, you’re never on your own.
Every day, as part of our normal operations, we process and update the records of thousands of companies. At the same time specialist staff from our Risk Offices visit businesses throughout the UK and abroad.
The risk analysts at our centre are constantly sifting through the latest available economic, government and commercial data. And on top of that, we’re holding daily conversations with our policyholders – swapping insights and news, and getting their feel for the companies they deal with.
It all adds up to an extraordinary wealth of unique, up-to-the-moment commercial intelligence. Intelligence you can then draw on to gain a detailed picture of any organisation you wish to trade with.
Intelligence
Our commercial intelligence – your commercial advantage. As the UK and world’s leading credit insurer, we stake billions on our own commercial judgement every year. It’s no surprise, therefore, that we’ve made it our business to create a proprietary “knowledge network” without equal.
Every day, this network processes data from over 40 million businesses. And at its heart are our specialist Risk Offices – spread across 49 countries around the globe, nine in the UK alone.
Between them, these Risk Offices provide us with an extraordinary advantage. No other credit insurer – indeed, no other commercial intelligence gatherer – has a Risk Office network like Euler Hermes. Carefully placed to be close to the action, our Risk Offices serve as our “eyes and ears” on the ground – giving us an understanding of your world, and your industry, that is second-to-none.
Debt Collections London
Our professional Collections service is appropriate for any size of commercial debt, in the UK or abroad. You don’t have to be a policyholder to use this service. Our primary objective is to secure payment on your behalf without damaging goodwill or trading relationships.
No collection, no commission. We collect on a contingency basis, so if no collection is made no commission is incurred. Additional related services include a Terms and Conditions Service and a Tracing Service.
Euler Hermes Key Facts:
* The global leader in credit insurance, with a 35.75%world market share
* Market leader in UK with 36% market share
* Presence in 49 countries
* 56,000 clients worldwide
* 40 million companies monitored daily
* AA- financial rating by Standard + Poor’s
* €2,012 million consolidated turnover
* €800 billion of business transactions protected worldwide
* 25,000 credit limit requests received per day
* On average, 83% of requests are processed in 48 hours or less
* Euler Hermes has 5,900 staff members worldwide
* Part of leading global insurer Allianz with €101 billion turnover
Euler Hermes Main Services:
* Credit Insurance London
* Debt Collections London
* Credit Management London
* Debt Recovery London
* Risk Management London
* Risk Assessment London
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