Global Trade Review (GTR)’s Post

Bondaval, an #Insurtech company, has launched a new #TradeCredit policy to complement its existing #insurance products. The policy, available through Bondaval's online platform, aims to simplify trade credit insurance management with #automated processes and providing real-time accounts receivable #data. Backed by Great American International Insurance (EU) DAC and Great American International Insurance (UK) Limited, and underwritten by Bondaval, the policy has an A rating from S&P and offers flexible terms tailored to diverse #risk portfolios. Initially launching in the UK and EU, this policy seeks to broaden Bondaval’s reach beyond its usual blue-chip clientele. Follow GTR Ventures for more insights in this space! Isaac Hanson Tom Powell Global Trade Review (GTR) #Tradetech #TradeCreditInsurance #GTRVentures #TradeJustGotSmarter

Discover how Bondaval is reshaping the trade credit insurance space with its groundbreaking product, promoting simplified policy compliance and game-changing portfolio insights for credit teams. #Insurtech #Innovation #TradeCreditInsurance #insurance #insurtech #technology https://lnkd.in/euYt7AnH

Broker Compliance as a Service - by Curium Curium make broker Compliance easy, transparent and manageable. Insurance compliance and claims made easy. The smarter software to manage compliance and claims for your growing insurance business. Automate away your compliance stress and deliver industry-leading customer experience when it matters most, without breaking the bank. Looking to improve your compliance? Talk with Curium.

Global insurance programmes are a complex product. By design they are intended to both sit within, and sit above, multiple jurisdictions. Much has been written about global programmes for the purpose of marketing their advantages to buyers; be it the costs saved, the compliance and regulatory standards met or the improved claims service delivered. (AGCS, 2020)-(AIG, 2012).

Exciting news for clients selling B2B goods! Flexport Insurance Solutions is now offering Trade Credit Insurance (TCI) — which covers your accounts receivable in the event a customer is unable to pay. In partnership with leading premier global TCI providers, this powerful financial tool can mitigate various business risks associated with cash flow vulnerability or market expansion by compensating the potential loss of income should a buyer default. Learn more about TCI and how Flexport Insurance Solutions can help make it work for you. #supplychain #tradecredit #tradecreditinsurance #insurancesolutions #accountsreceivable #cashflow

Exciting news for clients selling B2B goods! Flexport Insurance Solutions is now offering Trade Credit Insurance (TCI) — which covers your accounts receivable in the event a customer is unable to pay. In partnership with leading premier global TCI providers, this powerful financial tool can mitigate various business risks associated with cash flow vulnerability or market expansion by compensating the potential loss of income should a buyer default. Learn more about TCI and how Flexport Insurance Solutions can help make it work for you. #supplychain #tradecredit #tradecreditinsurance #insurancesolutions #accountsreceivable #cashflow

Transforming tenant insurance compliance? Yes, it's possible! Gaedeke Group did it using fresh tech solutions. Read their journey in the shared case-study. ⬇️ There's a lot we can learn! #InnovationinCRE #PropTech #TenantInsurance #BuildingEngines #CaseStudy #Jones #COI #Compliance

I guess many of you are wondering whether insurance is much different from banking. Over the past months I played with the same question. And some of my connections already prepped me with some insights on insurance. Thanks Elmo and Mark, your input proved valuable. After just 1 month at AIG it is too early to give a final statement. My early conclusion is that insurance and banking are quite similar. You could compare the insured value with the assets under management and you could compare the 'combined' with the cost income ratio. And communication standards like Fix are also found, for example BiPRO e.V. in the German market.  A big difference is claims, an almost separate but fundamental aspect of insurance, for which I cannot find an equivalent in banking. And also the pricing of insurance is much more complex, putting the department Actuarial in a pivotal role.  From an IT perspective insurance and banking are also very similar. Incumbent players are faced with the challenge to revitalise or replace the legacy systems. Trying to be agile in a regulated environment. Globalisation is driving a strong level of outsourcing/smartsourcing that always leaves room for improvement. And we already did that with Tata Consultancy Services, so we are going for it again. But most important of all. Banking and insurance are people's business. And that makes it very cool and exciting.

Are you falling short of resources to receive, process, and verify certificates of insurance? Outsource Certificate of Insurance processing services to ISW to streamline your operations, reduce administrative burdens, and improve overall efficiency.  https://lnkd.in/dqzhxbdT #coi #insurers #insuranceindustry #issuance