June 12, 2020
The cessation of business as usual resulting from the effects of Coronavirus has shattered confidence in normal business relationships and triggered a recession. Credit insurance can help fill this confidence gap. Credit insurance protects an insured company’s accounts receivable from loss due to credit risks such as protracted default, insolvency or bankruptcy. Insured companies are covered if a customer fails to pay for purchased goods or services.
These are emotional times. Since the election of president Rodrigo Duterte in the Philippines, the UK’s decision to exit the EU, the emergence of Marine La Pen in France, and the shock victory of Donald Trump in the US presidential elections, the airwaves are replete with messages about the global wave of populism.
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