Why Fast Claims Processing Matters in Trade Credit Insurance

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At Debtor Protect, we go beyond simply offering credit insurance—we ensure that when you need it most, your claims are processed quickly and efficiently. In today’s economic climate, where insolvencies are at record highs, having a policy with a proactive broker and a responsive insurer makes all the difference.

The Rising Risk of Insolvencies

According to ASIC, insolvency numbers for July, August, September, and October rank among the top 10 highest monthly insolvencies in the past 25 years. That’s a worrying trend, and businesses that extend credit to customers are at greater risk than ever before.

For businesses supplying goods and services on credit terms, the ability to recover debts quickly after a client’s insolvency is critical to maintaining cash flow.

A Success Story: Getting Paid in Just 16 Business Days

One of our Sydney-based clients recently suffered a $150,000 loss when a builder went broke on November 21st. Without trade credit insurance, this could have been a devastating financial hit.

However, because our team worked proactively with the client and insurer Atradius, the claim was processed rapidly. Thanks to the expertise of Aleyda Rivas-Morgan and the Atradius claims team, the client received notification of payment just 16 business days after the loss.

This is the kind of service that makes all the difference—having a policy is one thing, but having a broker that acts swiftly and an insurer that prioritises claims is another.

Why You Need a Proactive Credit Insurance Partner

Fast claims processing ensures:
✔️ Your suppliers get paid on time – avoiding a chain reaction of financial difficulties.
✔️ Your cash flow remains stable – reducing stress and uncertainty.
✔️ You can keep trading with confidence – knowing your business is protected.

A delayed payout can have serious consequences, forcing businesses to take on more debt, delay payments to their own suppliers, or even risk closure. That’s why it’s crucial to have a trade credit insurance provider who doesn’t just sell policies but actively helps secure fast settlements when you need them most.

Don’t Leave Your Business Exposed

With insolvencies on the rise, there’s never been a more critical time to ensure your business is fully protected. Whether you’re a supplier, contractor, or SME, trade credit insurance can safeguard your business from bad debts and unexpected losses.

Talk to us today about how we can enhance your trade credit insurance experience and protect your cash flow when it matters most.

Call Debtor Protect now to find out how we can help secure your business’s future.

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