Credit insurance is an insurance policy that protects the holder of an invoice business from non-payment by the customer of a business (debtor).
Insuring an invoice makes sure that an invoice will be paid and allows the holder to reliably manage risk of buyer default. This includes bankruptcy, non-payment and protracted slow-pay scenarios. Simply put, credit insurance reduces the uncertainty and risk of non-payment.
APiO has partnered with Euler Hermes, the world’s leading trade credit insurance company, to offer APiO Marketplace investors the ability to insure invoice portfolios against the possibility of default.
Incorporated in 1893, Euler Hermes North America Insurance Company is the oldest and largest provider of trade credit insurance and accounts receivable management solutions, and is headquartered in Owings Mills, Maryland (a suburb of Baltimore).
Euler Hermes offers services for both domestic and export business trade transactions, protecting businesses against commercial and political risk in more than 200 countries and territories worldwide.
For more information on insuring your APiO portfolio against default, please get in touch with us.