News & Publications

 

Recent News Publications

 

January 2015
 Are Credit Ratings just a Lottery?

On 12th January The Times ran an article examining the wide divergence that can be found in the ratings by 3 surveyed companies, Experian, CreditSafe and Dun & Bradstreet, on the same subject company. The article relied in part on research conducted by Shelley Stock Hutter who described some of the findings as ‘alarming’.

Readers were shown actual credit scores that differed not so much on the value of credit to extend but on the question of whether the business was growing or heading for failure. Given the importance of reliable credit information to any business involved in trade credit or lending, this presents a serious problem for businesses.  

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Februray 2014
 Coface wins Credit Insurer of the Year

Coface UK & Ireland won the prestigious title of Credit Insurer of the Year at the British Credit Awards 2014, held by the Institute of Credit Management (ICM) which is Europe's largest credit management organisation. 

The judges concluded that Coface, who underwrite Credit Insurance Direct policies, have set the standard in credit insurance over the past year by demonstrating a strong commitment to meeting customer needs. 

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January 2014
The Benefits of Inclusive Collections

Collections are inclusive with a Credit Insurance Direct policy, but what benefits do they bring?

Late payment is one of the most common complaints of businesses in the UK. Companies who suffer from late payment are not only victim to the downward spiral late payment causes due to reduced cash flow, but at serious risk of insolvency themselves. 

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August 2013

UK Credit re-launch Credit Insurance Direct

Following the aquisition of the London based Trade Credit arm of the Lloyd’s broker OAMPS, UK Credit are pleased to confirm their continued support for Credit Insurance Direct, the unique product developed in conjunction with and underwritten by Coface. 

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July 2012
Credit Insurance Direct Launches

In this uncertain world OAMPS UK Group has launched Credit Insurance Direct (www.creditinsurancedirect.co.uk) an online product which provides protection against bad debts for small to medium sized businesses in the UK. There are many businesses with annual sales under £10 million. These businesses can now buy credit insurance online in as little as 20 minutes.

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