Decoding Trade Credit Insurance: Risks, Concerns and Selecting the Right Plan

Lessons

1. Introduction to A/R Insurance

2. Key Credit Risk Challenges and Why do Companies Need to Insure A/R

3. What is Trade Credit Insurance: Scope and Coverage

4. What are the reasons for Non-Payment

5. The Benefits of A/R Insurance

6. Global Credit Insurance Market Overview

7. Understanding Ground Up Cover vs Excess of Loss

8. Recognizing Your Target Audience

9. Continuous Product Innovation & Supply Chain Management

10. What are the Future Trends in A/R Insurance

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Duration 40 Min
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Lessons 10 Lessons
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Learn 100% Free
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Language English
  • About
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Course Overview

In today’s fluctuating economy, companies are facing a global recession, rising bankruptcies, and growing political instability. In this case, credit insurance would be the perfect solution for credit managers to protect their businesses while betting on the right sales opportunities! However, there are a lot of concerns regarding the risks, benefits, and availability of the right credit insurance programs based on the company’s unique requirements. Learn how to closely monitor the needs and challenges of finding credit risk insurance in 2021. Understand the merits of credit insurance and how it shares risks and protects your company's bottom line. Get an expert's opinion on what critical factors to consider while choosing a program that suits your company’s needs. Des de Swart, a consultant with 35+ years of experience has curated the best credit insurance techniques from concept to execution. Leverage these free programs for risk mitigation, low past-dues, and negligible bad debt write-offs. Join 75 + credit managers whose one stop-shop for tailored credit insurance programs for SMEs and Fortune 2000 companies was the A/R risk management bootcamp organized by Highako.com

What you will learn

  • Introduction to A/R Insurance
  • Key Credit Risk Challenges and Why do Companies Need to Insure A/R
  • What is Trade Credit Insurance: Scope and Coverage
  • What are the reasons for Non-Payment
  • The Benefits of A/R Insurance
  • Global Credit Insurance Market Overview
  • Undersatnding Ground Up Cover vs Excess of Loss
  • Recognizing Your Target Audience
  • Continuous Product Innovation & Supply Chain Management
  • What are the Future Trends in A/R Insurance

Skills you will gain

Trade Credit Insurance
A/R Risk Mitigation Skill
Supply Change Management
Future Trends Analysis
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Role: Credit Managers
Designed for Business Credit Managers
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Level : Advanced Course
Designed to educate experienced professionals
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Topic: O2C Essentials
O2C domain-specific training course
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Type: Theory Course
Theory lectures by credit practitioners
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Completion Time: 1 Week
Suggested reading for 2-3 hours/week

1. Introduction to A/R Insurance

Understanding what is trade credit insurance how does accounts receivable insurance work. watch this tutorial to get an in-detailed understanding of the what is ar insurance.

2. Key Credit Risk Challenges and Why do Companies Need to Insure A/R

What are the needs and challenges of finding credit risk insurance in 2021. Watch this free tutorial to understand how credit insurance could share risks and protect you

3. What is Trade Credit Insurance: Scope and Coverage

Leverage the flexibility of the wide range of geographic and portfolio coverage ofered by trade credit insurance. Watch this free tutorial to understand what does accounts receivable insurance cover. Learn the offers and protection of accounts receivables against non- payment due to bankruptcy or insolvency

4. What are the reasons for Non-Payment

Are you well aware of the 3 main reasons of payment by customers. Watch this tutorial to understand the difference between Insolvency and Bankruptcy, understand what is protracted default and transfer risk of a foreign country.

5. The Benefits of A/R Insurance

How does Trade credit insurance protects companies against losses from non-payment often due to bankruptcy or insolvency. This tutorial will help you undestand how A/R Insurance will get you some percentage of the outstanding debt paid.

6. Global Credit Insurance Market Overview

Did you now that there are more than a dozen active private insurance carriers around the world? Watch this tutorial to get a hold of the huge Global Credit Insurance Market .

7. Understanding Ground Up Cover vs Excess of Loss

In Ground Up Cover, Risk sharing is imposed through managed credit limits that are subject to cancellation during policy period. Whereas in Excess of Loss, deductable means that risk sharing is negotiated between XOL carriers and a policy holder creating business continuity. Watch the tutorial and understand which is a better alternative when it comes to sleecting the right options.

8. Recognizing Your Target Audience

Are you able to recognize your target audience and when to buy a Credit insurance? This tutorial will help you make the decisions to Buy Trade Credit Insurance

9. Continuous Product Innovation & Supply Chain Management

The ultimate goal of credit insurance is not simply to indemnify losses incurred from a default, but provide businesses with the support and knowledge they need to avoid foreseeable losses from the start. Watch this tutorial to know the secret behind continuous product innovation and how to leverage supply chain better.

10. What are the Future Trends in A/R Insurance

Watch this tutorial to grab 14 ways to perform the Future Trends analysis in Credit Insurance. Evolve your KPIsand make your company feel secure in extending more credit to current customers, or to pursue new, larger customers that would have otherwise seemed too risky.

Lesson Resources

Des de Swart

Des de Swart

Consultant, DDS13 Consulting Services LLC
Des is an experienced manager with a demonstrated history of working in the insurance industry. He is skilled in credit analysis, negotiation, factoring, captive insurance, financial risk, and business relationship management.

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