Why Use A Credit Insurance Broker?
➢ There is no other way to obtain the objectivity and the broadest market view possible for both new and renewal business.
➢ In order to obtain the best price, structure and contractual terms, you need an expert to negotiate with both the capital markets and global insurance markets.
➢ Having an expert advisor throughout the first-time and renewal application process is essential.
➢ Getting paid in the event of default depends on your compliance with the contract. Your broker has a vital role in ensuring you understand your responsibilities as a policyholder and counsels you accordingly.
➢ Having a third party act as your voice to the capital markets counterparty and/or insurer throughout the life of your relationship is vital so as to assist you:
1) in filing claims or exercising your rights under the put agreement
2) as necessary to improve coverage and terms during the life of the contract