Credit Insurance protects against the direct financial loss resulting from the insolvency or non-payment from a customer/buyer for commercial trading terms up to 360 days. Standard policies cover the following events: Insolvency of a buyer; Protracted default (the non-payment of an...Continue reading
Products and Services
At Millennium CreditRisk Management, we specialize. Focused on Trade Credit Insurance and Political Risk Insurance, our team combines passion and product knowledge to help you negotiate innovative and customized solutions to meet your needs.
International presence exposes your company to heightened financial and political risk. Bombarded with news of political instability and global crises, expansion opportunities in the rapidly developing global economy appear fraught with irrational and unpredictable risks. Key political...Continue reading
Managing client insolvency in a foreign jurisdiction, a political risk event or buyer non payment significantly strains internal resources. Solid enterprise risk management requires active debt collection management and trouble-shooting. Millennium’s partnership with Coface...Continue reading
Insuring financial assets extends beyond the conventionally insured items such as: property, plant, equipment, and inventory. Accounts receivable represents a major balance sheet asset. Uninsured accounts receivable leave a company vulnerable to loss on one of their most liquid assets....Continue reading