Credit insurers look to capitalise on Brexit fallout

Brexit jigsaw

Any hint of an economic downturn inevitably results in forecasts that demand for trade credit insurance will soar. So, predictably, Brexit has sent the PR machines of the major credit insurers into overdrive.

For example, at the end of this January, Euler Hermes forecast a 5% rise in UK business failures in the next 12 months as the economic slowdown, rising import prices and increased late payment risks

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Q&A: Stuart Kilpatrick, Burns & Wilcox

Stuart Kilpatrick, managing director of Burns & Wilcox UK, tells Insurance Post about the post-Biba conference pivot the business has undertaken, plans to create a specialist business in the UK, and how it "doesn't matter” where his staff work.

Q&A: Hannah Tindal, Allianz

Hannah Tindal, Allianz’s head of directors and officers in London, talks about how the insurer is dealing with risks highlighted by the Allianz Risk Barometer from a liability perspective.

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