What is Credit Insurance?
Credit insurance helps protect your business against the risk of bad debt so that you can confidently get on with running and growing your business.
Watch our 2 minute video Understanding Credit Insurance
Why do you need Credit Insurance?
For many business, their largest asset (typically 40% of the value) is their sales ledger – which may well be completely uninsured. In a climate of economic uncertainty, credit insurance can really help you sleep at night. It can also help mitigate the impact of issues further down the supply chain.
Credit insurance can also help you grow your business:
Non-payments can weaken your company and lower its investment capacity. Trade credit insurance protects your business against both commercial and political risks that are beyond your control. It improves the quality of your bottom line and helps you to grow profitably, minimising the risk of sudden or unexpected customer insolvency.
Imagine a key customer went into insolvency and couldn't pay you...
It could only take a handful of these debts to go bad and an SME could end up losing significant sums. We have partnered up with Euler Hermes the world's largest provider of credit insurance to give you exclusive access to their global risk experts and provide you with useful insights on your market, customers and prospects.
How creditworthy are your customers?
We can get check your customers for you:
Email [email protected]
How does Simplicity credit insurance work?
Quote within 24 hrs
Insurance brokers who understand and work with technology companies are a rare breed, to be highly recommended.
La Playa's specialist Science & Tech team can help you protect your business with smart, flexible, high-performance insurance - with a friendly human UI. We understand the risks and pressures you face - and we speak your language. We’ll support you with great advice - helping you make good decisions for your business.
Tech-based business is 24/7, global and borderless, always exposing you to new risks and liabilities - often in unfamiliar places. As the law struggles to keep pace with technology, insurance can provide a real safety net if you fall foul of changing legislation.