Kelvin Smith Insurance Brokers was established in 1982 and is one of Scotland’s leading Insurance Brokerages
SERVICE • VALUE • INTEGRITY
Our Services
Specialist Sector
Trade Credit Insurance
Thought for the day… How well do you know your customers?
Often the answer to this question is not nearly as well as you should..
We’re partnered with Allianz Trade to help you become better acquainted with your buyers in order to improve trading relationships, increase profitability and support growth. This enables us to help support you by:
We’re partnered with Allianz Trade to help you become better acquainted with your buyers in order to improve trading relationships, increase profitability and support growth. This enables us to help support you by:
- Focusing your sales efforts – if you trade on open credit and you insure this exposure and your buyer becomes insolvent or refuses to pay, you’ll be entitled to make a claim.
- Risk avoidance and reduction of bad debt – Allianz Trade has an unrivalled database which monitors over 83million companies worldwide which enables you to set appropriate credit limits. Using this, you’re able to review existing trading relationships and reduce exposure to potential bad debt where appropriate.
- Winning new business – being able to offer credit insured terms to your buyers can make your business more favourable to trade with.
- Better trading relationships with suppliers – you may be able to negotiate better terms with your suppliers since they know the business they’re working with has taken steps to protect its assets and balance sheet.
- Safeguarding your cashflow – Allianz Trade can assist with the collection of overdue accounts and pay out up to 90% of any monies owed should the worst happen and your buyer becomes insolvent or doesn’t pay (Protracted Default).
- Securing funding for your business – banks and alternative funders are often more willing to provide finance or more favourable lending terms to companies who have trade credit insurance in place. Financial institutions are reassured by Allianz Trade’s AA rating by Standard and Poor’s.
Please take a look at some further information on our dedicated landing page.
We’d welcome a discussion on how we can help your business in these uncertain times.
Address:
2nd Floor, The Sinclair Building,
18-20 Eagle Street, Glasgow, G4 9XA
Authorised and regulated by the Financial Conduct Authority (FCA) Firm Reference Number 486 396.