The aim of the seminar is to present a working model of the credit insurance cycle and the evaluation criteria for selecting it to secure doubtful loans
Target Audience
Entrepreneurs
Financial Management and Credit Control Executives
Debt Collection Managers
Business Management Executives
Supply Chain Executives
Trade Credit Insurance intermediaries and professionals who advise customers
You will be able to assess the risk from a default receivable and the effects on the company and its shareholders
You will understand the structure of business credit insurance and its key characteristics
You will become familiar with the concept of cost of credit and its effect on the company's profitability
You will learn about the compensation procedure
You will practice on setting the credit limit of a customer according to their credit risk
You will understand how credit risk assessment is performed by the Underwriting department of an insurance company
About
Subject Areas
Benefits of credit insurance:
Secure turnover growth
Preventing/avoiding doubtful loans
Objective Credit Management
Liquidity in case of a doubtful loan/compensation
Easier and cheaper financing/working capital
What are the Credit Insurance mechanisms
Why is Credit Insurance necessary today
Geopolitical risks, which affect the sustainability of businesses