SAVETRADE - The new generation of credit insurance

Financial Institutions Sabine REINHOLD 6 April 2024


A range of customised insurance products to enhance collateralised commercial or financial receivables:

  • Flexibility in accommodating various assignees, including banks, factoring companies, financial captives, and SPVs
  • Compatibility with both ON and OFF balance transfers as per the guidelines of International Financial Reporting Standards (IFRS) and US Generally Accepted Accounting Principles (GAAP)
  • Unified proprietary wording for all insurers
  • Comprehensive coverage against a wide range of risks
  • Syndication available for up to 7 co-insurers simultaneously, or in multiple alternative combinations
  • Capital relief
  • Integrated collaborative SaaS platform for perfect control of operational risks
  • Service of calculation agent of covers to ensure their accuracy and compliance
  • Facilitation of electronic data interchange, offering both bottom-up and top-down communication channels