Monday, September 12, 2011

Credit Insurance and business risk management | Progressive ...

Credit Insurance is defined as an integrated business risk management. Your coverage is based on three types of guarantees are:

- Prevention:
Analysis Service Credit & Surety, comes to process more than 52 million business records constantly updated, in addition to continuously monitor developments regarding the creditworthiness of the customer portfolio of policyholders. Credit systems and Surety, studying more than 10,000 daily credit sales, setting a limit on the creditworthiness of the client that links to the Company.

- Compensation:
This guarantee means a financial support concerning the liquidity of the insured. Despite what might happen, companies will receive 6 months of unpaid compensation for losses from business operations that are insured.

- Recovery:
The default enables the mechanisms to recover unpaid debts. Regarding the rate of recovery of the Company, is the highest in the sector.

Thus, customers can hire Credit and Surety of the 5 different policies developed:

- Market Policy
Market ? Foreign Policy
Leader ? Policy
Europe ? Policy
- Start Policy

It also has the ability to include up to 200 supplements to adapt to the needs, size and activity of the client as:

- Business to ensure
- Turnover
- The collection periods
- The type of customers
- The market segments it targets
?The readiness of the management team.

Source: http://www.progressivereadingseries.org/business-2/credit-insurance-and-business-risk-management.html

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