Structured Trade Services

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Credit insurance provides your business with protection against the failure of your customer to pay their trade debts. This can arise because your customer becomes insolvent or because your customer fails to pay within a set time. These risks are "commercial" risks. Companies and commercial banks with foreign exposures can also protect themselves against a range of "political" risks which may also prevent or delay payment.

In addition to the trade credit and political risks that threaten your export sales, your cargo is exposed to the countless risks of transit. Marine Cargo insurance protects the financial interest of shippers while their cargo is in transit. Considering the perils cargo faces in transit: mishandling, sinking, water leakage, storm, fire, collision, contamination, etc., shippers need the proper financial protection against possible loss or damage.

Credit insurance is a product that has and will continue to gain more prominence in the years to come as U.S. companies continue to compete and grow in the international arena. Those companies that wish to finance their expansion through the use of credit insurance or wish to use credit insurance, as a means of identifying a financially sound customer base will benefit most as the credit insurance market continues to evolve The principal attribute of export credit insurance is the protection it gives a company for what is typically the riskiest part of its business: foreign receivables.

As an independent broker specializing in trade credit and political risk, Structured Trade Services has access to all insurers that cover those risks. That access translates into one of the most significant benefits to the client: unleashing the competitive process in the market by getting insurers to compete for the client’s business. When insurers compete, the client wins. A few insurers sell through their own sales personnel; obviously this is not in the client’s best interest as it limits it to that insurer’s products and reduces competition.

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