A whole turnover policy, offering domestic and international cover against non-payment of debts, insolvency and political risk.

If you are looking for an agreed level of cover on all your customers accounting for your overall insurable turnover, Open Trader provides a comprehensive national and international credit insurance package. The policy protects you from the commercial risks associated with both insolvency and protracted default. Open Trader also provides political risk cover, priced on an all-inclusive basis.

Open Trader is a Coface Globalliance contract - a policy whose flexible modular format enables us to tailor-make it to your particular trading requirements.

Enhanced credit management

A credit management partnership with Coface UK improves and strengthens your existing procedures. The practice of credit checking new customers, invoicing promptly and monitoring late payments allows you to deal more effectively and clearly with customers thereby enhancing your relationship with them.

Assessment of customer and country risk

We have access to detailed information on over 44 million companies around the world. By tapping into this vast pool of corporate and financial data, Coface UK can offer you the very best credit information on your existing customers and an excellent 'prospecting' service for any new customers you would like to approach.

Collection services

With Open Trader you have the option of using Coface UK's debt collection services - and our international network of debt collection agents and lawyers around the world. We will assume responsibility for the collection of your late payment as soon as it is reported significantly overdue - pursuing the case to court if necessary.