SYNDICATE CREDIT INSURANCE

Why choose only one of the best insurers  when you can have them all?

• Aggregate insurer credit limits to enhance your coverage
• Decrease reliance on a single source for analysis and decision-making
• Benefit from the impartiality of insurers’ decisions through the confidentiality of their individual credit limits and neutralize the threat of the domino effect resulting from mimetic behaviors when a counterparty withdraws (avoid risky mezzanine or top-up arrangements)
• Compare insurers’ positions and ratings on your clients to tailor your credit management strategies
• Improve premium returns by minimizing self-insurance exposure typically associated with customers having limited or no coverage under standard policies
• Reduce your counterparties’ exposure to significant losses to preserve your relationships for the future

BOOST THE TRADES RECEIVABLES FUNDING

The additional guarantees provided by insurance syndication broaden and protect the financing base backed by invoices

• Entrust us with your receivables financing study and take immediate advantage of our insurance syndication product, already implemented within renowned banks and factoring companies
• Credit enhancement dedicated to financing trade receivables and capital relief
• Accommodating and flexible discretionary credit limits to achieve the optimal coverage level
• Credit limits stabilized by grace periods in the event of partial or total withdrawals of insurers
• Mitigated definancing criteria
• A range of in-house insurance products exclusively designed for credit institutions, financial captives, and SPV

MULTIPLE INSURERS UNDER A SINGLE CONTRACTUAL ARRANGEMENT

Common insurance rules for seamless operation.

• Take out a “group” framework policy for each insurer and select your protected affiliated companies with the most appropriate combinations of counterparties
• Directly remit premiums to insurers on the pro rata basis of their guarantees and on the eligible turnover to insurance
• No additional cost to benefit from syndication
• Receive your indemnifications directly from each of the parties guaranteeing your loss on a pro rata basis of their exposures
• Manage the recovery of unpaid debts from start to finish, either independently, through a collection agent, or via one of the insurers, as per your preference
• Delegate your insurance policy or transfer the indemnity rights to the assignee of your trade receivables and make your treasury more flexible

EXCLUSIVE MANAGEMENT PLATFORM

Simultaneous management of client’s outstanding and covers granted by insurer.

• Proprietary SaaS software interfaced with insurers’ servers to aggregate customer data
• Unified collaborative tool designed for policyholders, assignees, and our brokers, calculation agents of the syndication
• Adds, tracks, monitors and archives the evolutions of discretionary or named guarantees granted by insurers to each client
• Calculation of premiums owed based on risk categories, countries, and insurer
• Controls, detects and corrects data anomalies between customer and insurer databases
• Increases control over operational risks that are too often misunderstood or underestimated
• E-safe for all contractual documents, invoices, management guides, etc.