Case Study: The Vital Role of Credit Insurance for Irish Business during the Covid Era

While the Covid-19 Pandemic and ensuing lockdown and government restrictions have impacted our entire client base, nowhere has this been more keenly felt than by those supplying directly into the hospitality and tourism sectors. The following case study based on a rural drinks wholesaler highlights the immediate impact of the pandemic and the support offered

UK Government to Provide Trade Credit Insurance Guarantee

Welcome news for Northern Ireland Business.. “the UK government will temporarily guarantee business-to-business transactions currently supported by Trade Credit Insurance, ensuring the majority of insurance coverage will be maintained across the market. This will support supply chains and help businesses to trade with confidence as they can trust that they will be protected if a

The Next Pandemic? Credit Insurance V’s Rising Slow Payments .. Get Ready to Fight Back

The threat of late payment and bad debt is a very real, present and increasing danger for Northern Ireland businesses, but the good news is that we can fight back with Credit Insurance and Government support as an announcement on a form of backstop for the UK and NI seems imminent. Read more from my article by clicking here.

The COVID-19 Pandemic: A Role for the Irish Government in protecting the €15bn underwritten by the Commercial Credit Insurance Sector.

While the effects of the Covid-19 pandemic on the Irish economy have been extensively analysed and documented in recent weeks, one area which is pivotal in facilitating trade and maintaining supply chains has not received as much recognition : the imperative role of commercial credit insurance sector. At present almost €15bn of trade is underwritten

A digital prescription for the pharma industry

Supported by a robust sales force and tight cost controls, Pharm Ltd. experienced sustained double-digit growth over a number of years, only to find that their supply chain struggled to keep pace.

Credit Risk Brokers Supporting Macmillan

Thanks to everyone who dropped into the recent CRB Belfast coffee morning in support of Macmillan Cancer Support. It was lovely to see you all and your donations were most welcome for this worthwhile cause.

Seminar Success for NI Food & Drink Companies

Thanks to everyone who helped organise and everyone who attended the recent InvestNI seminar ‘Finance Options for the Food & Drink sector’.  Key speakers pictured are (L-R) Patrick Dewar & Elizabeth McCrory from InvestNI, Tony Gordon from Atradius, John Simpson from Credit Risk Brokers, Paul Leonard from UK Finance, Joel Callaghan of Close Brothers and

Credit Risk Brokers to Speak at Finance Event for NI Food Companies

John Simpson from our Belfast office is looking forward to participating in a seminar hosted by InvestNI and UK Export Finance on February 28th in Belfast. The event will address a range of finance and trade issues of relevance to Northern Ireland food and drink processing companies. Other speakers at the event will include representatives from Atradius, UK

Credit Insurance Claims on the Rise!

There was an interesting article in the Financial Times a few days ago noting how figures from the Association of British Insurers (ABI) show that trade credit insurance claims are on the rise with claims running at more than £4million a week, the highest level since 2009. The increase comes as insolvencies are on the

Credit Insurance Seminar

We were delighted to co-host a Credit Insurance Seminar in the Glenavon House Hotel in Cookstown on 11th April 2018 along with PKF-FPM And Coface.

Narrow Your Focus to Prevent Overanalysis

Bring to the table win-win survival strategies to ensure proactive domination.

A Fruitful Retirement: Social Security Benefit

At the end of the day, going forward, a new normal that has evolved from generation.