Commenting on today’s announcement by the Government that the temporary trade credit reinsurance scheme will end on 30 June as planned, Huw Evans, ABI Director General said:
“Insurers were pleased to have worked closely and constructively with the UK Government on this temporary scheme. At a time when firms needed extra support during the pandemic, the scheme has helped ensure that businesses remained able to insure against potential risks in their supply chain. The scheme has been an excellent example of how government and the industry can work together on solutions to unprecedented market challenges to ensure the continued availability of insurance."
For more information, please contact the ABI Press Office