Insurance Post

Trade credit firms insuring record turnover amid economic upturn

cash-in-hand

An improving UK economy has seen trade credit insurers providing more cover to businesses than ever before, insuring turnover worth £315bn in 2014, according to figures by the Association of British Insurers.

This is a 6.6% increase in turnover insured from the previous year. However, the average premium for a trade credit insurance policy has fallen by more than 2% over the same period.

Trade credit

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