Trade Credit

Buyers and sellers have long relied on credit to facilitate trade but never more so than in today’s global marketplace where supply and demand are founded on increasingly complex credit arrangements. However, where credit is involved, there are also counterparty risks. What happens if a buyer defaults on payment before meeting its commitments through insolvency or for other reasons? Non-payment can have a devastating effect on the balance sheet, which is why trade credit insurance is essential for business security and confidence.

The key benefits for clients include: security of non-cancellable credit and country limits; balance sheet and cash-flow protection; improved terms for bank financing facilities; an effective alternative to letters of credit or other types of collateral; reduced need for bad debt reserves; increased potential for sales growth to new and existing customers because credit is based on a firm foundation and risk transfer to satisfy capital adequacy requirements. 

CALL US ON:

+44 (0)20 7953 6000

Line sizes & tenors:

Markel International Insurance Company Limited
Markel Insurance SE

Credit: $150m per obligor group and policy tenors up to 84 months


Markel Syndicate 3000 at Lloyd’s

Credit: $100m per obligor group and policy tenors up to 84 months

 

Areas of cover include:

  • Multi / named / single obligor structures
  • Insolvency / Default
  • Non-repayment of pre-payment following non-delivery
  • Prepayment cover
  • Financial institutions:
    • Vendor / buyer (supply chain) financing
    • Trade finance solutions
    • Factoring / invoice discounting
    • Trade receivable securitisation
    • Basel II / III compliant risk transfer for capital relief
  • Captive reinsurance
  • Syndicated co-insurance solutions

Adrian Jones

Senior Underwriter, Head of Strategy Asia & Middle East – Trade Credit

+44 (0)20 7953 6582

email

Carl Titterton

Senior Underwriter, Head of Commercial – Trade Credit

+44 (0)20 7953 6584

email

Simon Moon

Senior Underwriter, Head of Risk – Trade Credit

+44 (0)20 7953 6458

email

Simon Philpin

Senior Underwriter, Business Development Europe - Trade Credit

+44 (0)20 7953 6895

email

Maren Modena

Underwriter and Senior Risk Analyst

+44 (0)20 7953 6541

email

Chris Tennant

Underwriter

+44 (0)20 7953 6084

email

David Stevens

Underwriter

+44 (0)20 7953 6078

email

Emma Johnson

Office Manager

+44 (0)20 7953 6581

email

Trade Credit Contacts Dubai

Leroy Almeida

Senior Executive Officer, Head of Middle East operation

+971 4 590 6777

email

Keith Paul

Senior Underwriter, Trade Credit and Political Risk, Middle East

+971 4 590 6700

email

Michael Gardner

Underwriter, Trade Credit and Political Risk, Middle East

+971 4 590 6705

email

Maria Pereira

Underwriter, Trade Credit and Political Risk, Middle East

+971 4 590 6777

email

Crystal Dsouza

Underwriter, Trade Credit and Political Risk, Middle East

+ 971 4 590 6710

email

Dillon Matthews

Underwriter and Senior Risk Analyst, Trade Credit and Political Risk, Asia Pacific

+65 6302 1885

email

Nicholas Davies

Underwriter and Senior Risk Analyst, Trade Credit and Political Risk, Asia Pacific

+65 6302 1895

email

Zong Wen Lee

Assistant Underwriter, Trade Credit and Political Risk, Asia Pacific

+65 6302 1898

email

Philip Amlot

Underwriting Manager, Head of Trade Credit and Political Risk, Americas

+1 646 929 5620

email

Howard Lee

Senior Underwriter, Trade Credit and Political Risk, Americas

+1 212 898 6608

email

Christen Mizell

Underwriter, Trade Credit and Political Risk, Americas

+1 (312) 383 5595.

email

Jennifer Chang

Underwriter and Senior Risk Analyst, Trade Credit and Political Risk, Americas

+1 908 630 2760

email

Arjan van de Wall

Global Development Director

+1 443 641 7717

email