Credit insurers look to capitalise on Brexit fallout
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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