Trade credit insurance: tools, benefits and opportunities for businesses

On Wednesday 20th November '24 the webinar "Credit Insurance: Benefits and products available to companies" was held, sponsored by the Union of Industrialists of Parma (Upi) in collaboration with the Artisan Business Group and Inser, an insurance broker of the Verlingue Group.

This training event was a key opportunity for companies to get an up-to-date overview of best practices and solutions for managing trade credit risk. The webinar, which opened with institutional speeches by Natalia Baldassi, head of Upi's Credit and Finance Department, and Michele Larini, head of Inser's Parma office, featured two experts in the field: Manuel Gentili and Paolo Brusamarello, respectively head and senior manager of Inser's specialised credit department. Thanks to their contributions, the participants were able to learn about the characteristics of credit insurance policies, from options for the domestic market to international cover, including customisable formulas such as Whole Turnover (domestic and international), Medium Long Term, Single Risk and Level II or Top Up solutions. Among the topics discussed was the important competitive advantage that credit insurance can offer over other risk mitigation tools. Experts presented concrete examples of how these solutions enable companies to protect themselves against insolvency, thereby ensuring greater financial stability. In particular, credit insurance provides greater peace of mind in managing the risks associated with late or uncollected payments, offering protection that goes beyond national borders and is adaptable to each company's specific needs. This appointment aims to meet the growing need of Italian companies to effectively manage credit risk, an increasingly pressing challenge in a complex and ever-changing economic environment.