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Three ways to protect your business from the effects of bad debt

Article summary

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Match your risks with the right protection

Explore solutions that safeguard your cash flow and ensure you stay resilient in uncertain times.
 

1.  Prevention – detect and avoid exposure to bad debt

You may be wondering:

  • Is this prospect going to pay my invoice? 
  • Is my customer struggling? 
  • Which markets should I expand into? 
  • Which sectors are at higher risk of insolvencies?

With Allianz Trade credit insurance, you get the answers.  

  • Get intelligence on over 289m companies worldwide through our powerful predictive analytics and get real-time past-due and claims reporting from our 75,000 customers worldwide. 
  • Identify good quality prospects, check their credit worthiness and avoid fraud through our proprietary intelligence network. For customers, we provide an early warning system when they might be at risk of non-payment.
  • Stay on top of trends through our market analysis and economic research content: global insolvency outlook, export and sector risk analyses, country collection profiles, etc.
Get a free quote

2. Recovery – get help collecting money owed on overdue invoices

We can support you with recovering debt, when you’ve been able to collect late payments. We’ll step in to recover both insured and non-insured debt around the world with our best-in-class debt collection service. We handle amicable and judicial procedures. 

  • We’re skilled and experienced at helping our customers collect overdue invoices.  In an average year, we collect 120,000 debts spread over 145 countries 
  • We act quickly and have a large number of tools at our disposal to research companies and uncover reasons for non-payment. We’ll keep you informed every step of the way and be mindful of your trade relationships. 
  • If all else fails, our trusted legal partners are ready to act if a case moves to legal action. 
Get a free quote

3. Insurance – get paid even when your customer fails to pay an invoice 

With over 26,000 insolvencies registered in the UK last year, it pays to protect yourself against non-payment.  

  • Trade credit insurance protects your business when a customer can’t or won’t pay an invoice. You stay protected even when all recovery efforts have failed. 
  • Your policy can cover up to 90% of the insured loss, helping you maintain cash flow and avoid financial disruption. 
  • Allianz Trade is AA-rated, giving you the financial security and confidence that claims will be paid when it matters most. 
  • We’re invested in your success. Our active monitoring and early warning system help you stay ahead of potential defaults in your customer base.
Get a free quote

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For a free credit insurance consultation call our UK team, 09:00-17:00 Mon-Fri.
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Our expertise and commitment

Allianz Trade is the global leader in trade credit insurance and credit management, offering tailored solutions to mitigate the risks associated with bad debt, thereby ensuring the financial stability of businesses. Our products and services help companies with risk management, cash flow management, accounts receivables protection, Surety bonds, Business Fraud Insurance,  debt collection processes and  e-commerce credit insurance ensuring the financial resilience for our client’s businesses. Our expertise in risk mitigation and finance positions us as trusted advisors, enabling businesses aspiring for global success to expand into international markets with confidence.

Our business is built on supporting relationships between people and organisations, relationships that extend across frontiers of all kinds - geographical, financial, industrial, and more. We’re constantly aware that our work has an impact on the communities we serve and that we have a duty to help and support others. At Allianz Trade, we’re strongly committed to fairness for all without discrimination, among our own people and in our many relationships with those outside our business.