News articles
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ABI welcomes Government-backed temporary reinsurance scheme so businesses can continue to access trade credit insurance
04/06/2020
Scheme will provide reassurance to thousands of businesses who rely on trade credit insurance. The ABI welcomes today’s Government announcement of a temporary, government-backed…
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Trade credit insurers providing a lifeline to help businesses cope with record levels of bad debt
09/01/2020
Latest figures published today by the ABI highlight that trade credit insurers have helped UK firms cope with a record level of bad debts...
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Unpaid UK – bad debt claims soar to a 10-year high
14/06/2019
The number of insurance claims made so far this by UK businesses facing bad debts has reached its highest level in ten years according to latest figures out today from the Association of British Insurers (ABI). In the first quarter of the year 57 firms every day were helped by trade credit insurers.
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The Carillion effect: trade credit insurers pay out a record £1 million a day to help UK firms stay afloat.
25/09/2018
A record £1 million was paid out every day during the second quarter of the year to help firms cope with the non-payment of bad debts according to figures out today from the Association of British…