Our specialist Risk Underwriters target multiple risks in a diverse range of markets.
At Euler Hermes we have a unique network of international risk offices in over 50 countries, in the UK and Ireland we have 4 based in:
Giving our clients access to local representatives, allows them to liaise directly with Euler Hermes and easily find out in-depth information about their limit requests. Our risk offices enable us to provide our clients with excellent quality credit risk decisions which are assessed by our team of Risk Analysts. Through this network we can provide our clients with the local, up-to-date intelligence they need to trade with increased confidence.
Response time on all domestic
credit limit applications.
Response time on all export
credit limit applications .
Risk Analysts – who are they?
Think of them as enhancing your business relationships with your suppliers.
The main aim for our Risk Analysts is to gain a better understanding of our client’s customers, also known as ‘buyers’. They request up to date financial information from your buyers which is used in conjunction with other market intelligence to help us grant credit limit requests. A lack of up to date financial information may result in our credit limits being restricted or removed, as our risk assessment will not be based on the latest trading performance of your company. In the UK alone our Risk Analysts have made over 1,000 buyer visits and more than 18,000 requests for detailed management information to help write more cover for our clients.
Buyer Line service
This is a dedicated service specifically for your buyers, they are able to call the buyer line on 08444 122041 and speak directly to a Risk Analyst in their local area. They will be happy to explain to your buyer why we need additional information and how to supply it.
Risk Underwriters – who are they?
Working in partnership with our Risk Analysts, our Risk Underwriters use the latest financial information on your buyer to make well-informed underwriting decisions on credit limits we are asked to consider. We have dedicated Risk Underwriters that have a wealth of experience in the sectors they underwrite cover for, providing you with the confidence that if your clients don’t pay, you’re protected.
In February 2014 Euler Hermes was underwriting credit limits to the value of €31bn on foreign buyers for our UK clients.