Blog
Trade Risk Group is always striving to learn what is most important about current economic and financial conditions, and looks to consolidate the most useful information and provide it for the benefit of credit and risk management professionals.Factors Affecting the Cost of Trade Credit Insurance Policies
Trading history, customer ratings, credit conditions, loss history, company industry, and customer geography are factors that your insurer will consider when determining risk. Other criteria will be considered, such as the requirement for non-cancellable credit...
Credit Risk Insurance: How Does It Work?
Risk is an everyday occurrence for businesses and corporations. In some cases, these businesses end up winning, and in others these risks may result in significant financial loss. Fortunately, businesses can reduce risk, minimize financial loss, and maintain business...
Accounts Receivable Insurance – What is it?
You may hear the term A/R insurance regarding accounts receivable insurance. It is the same concept and the terms used vary by business. Such coverage means the company is protected against losses financially if those they extended credit to fail to pay what they owe....
Helping Businesses Mitigate Growth Risk With the Right Insurance
Business owners want their business to grow. They are also keenly aware that there are risks associated with growth. When there are new customers and these customers are in new markets, more people are asking for credit and for credit limits to be extended. This is...
Helping Vendors Make Wise Credit Decisions
Imagine you are a vendor and a potential client inquires about a large purchase of the product you sell. A big sale opportunity is exciting because it could help you grow your business. But in the conversation, you learn that the customer does not have the cash...
Three Benefits of Accounts Receivable Insurance
Running a business can be very stressful and difficult. You already have so much to worry about, you must have the right insurance to protect yourself. Your accounts receivable are an important part of your business, so if you want to protect against losses, check out...