Risk Protection International
- 500 Ferry Boulevard
- Stratford, Connecticut
- 6615
- Phone: (203) 380-2400
- Fax: (203) 380-2277
- Website
Website Links
Description
A History of Proven Experience RPI's seasoned professional staff has extensive experience in receivables management, trade finance, and credit insurance underwriting. From the initial inquiry through claim settlement, RPI is working with you to grow your business. Your policy requires ongoing adjustments to maximize your risk mitigation, revenue growth and financing. We are committed to ongoing client service and technical support, allowing you to remain focused on growing your business.
We specialize in trade credit insurance, political risk insurance and trade finance solutions. RPI creates customized programs based on your global or domestic needs. Regardless of your corporate size, RPI provides the tools to grow your business. Risk mitigation is the solution most identified when our specialty is mentioned. But, credit insurance is not a solution only a beginning, a mechanism to open doors for sales growth. RPI views your policy as a cornerstone to unlock your profit potential. If you're seeking a proven broker who is in sync with your needs, look no further than RPI.
• Policy Placements RPI provides a consolidated centralized search by accessing all interested trade credit and political risk insurance underwriters. There are no individual firms or agents to deal with whose focus is their product. OR, a firm whose focus is with selective insurance companies. RPI works for you to get the best policy available to meet your requirements. • Financing Solutions To Grow Your Business RPI provides you with a vast array of financing options though our preferred lenders. A greater borrowing percentage can be provided for your accounts receivables.
Credit Insurance is a financial strategy to protect your business against the failure of your customers to pay their trade debts to you. Credit Insurance is commonly referred to as Accounts Receivable Insurance. It protects your company from credit losses caused by insolvency, bankruptcy, slow payment and, for export transactions; it also covers select political risks.
It is difficult to predict which customers will default on payments. Surveys show that almost 50% of payment defaults arise from customers with established long-term stable relationships. Clearly, the past is not always a good predictor of the future. Default cost is considerable, for example, if your profit margin is 5% and only one-customer defaults on a $100,000 debt, your company will need to sell $2,000,000 additional to make up the lost profits. Credit losses weaken your company and lowers net worth.
Fact sheet
Company contacts
- Tom Malloy
- Manager