Partners
TCUA – TRADE CREDIT UNDERWRITING AGENCY
Trade Credit Underwriting Agency (TCUA) is a specialist provider of trade credit insurance to the Australian and New Zealand markets. We offer policies as an Agent for QBE Insurance (Australia) Ltd, who we have partnered with to create a product tailored to the needs of small to medium sized businesses.
We offer protection against commercial non-payment of the products or services that you sell on credit terms.
Specialising in the SME market means that we understand the pressures faced by your business and provide a service level that would be expected by a large multi- national.
QBE INSURANCE GROUP
QBE Insurance Group is an Australian based general insurance provider, providing insurance services mainly to the Asia Pacific region, but also America and Europe and is one of the top 25 global insurers and reinsurers as measured by net earned premium. It has offices in 49 countries with a staff of over 14,000.
One of the largest companies in Australia, QBE has market capitalisation of A$18.6 billion, and represents 2.22% of the ASX 200 index. The company reported a 2009 profit of A$1.970 billion.
QBE was listed on the Australian Stock Exchange in 1973 from the merger of Queensland Insurance, Bankers’ and Traders’ Insurance Company, and The Equitable Probate and General Insurance Co. and now has over 50 offices across the country, spanning each state and territory.
COFACE
70+ years of experience and the most finely-meshed network have made Coface a reference in credit insurance, risk management and the global economy.
With the ambition to become the most agile, global trade credit insurance partner in the industry, Coface’s experts work to the beat of the world economy, supporting 50,000 clients in building successful, growing and dynamic businesses.
The Group’s services and solutions protect and help companies take credit decisions to improve their ability to sell on both their domestic and export markets.
In 2017, Coface employed ~4,100 people in 100 countries and registered turnover of €1.4 billion.
In 2018, Fitch affirmed Coface AA- rating, with an outlook ‘stable’, reflecting Coface’s strong business profile in credit-insurance.
EULER HERMES
Euler Hermes is a French credit insurance company majority-owned by Allianz France which is in turn owned by Germany’s Allianz SE.
They report to have 34% of the total credit insurance market with over 6,000 employees based in more than 50 countries making it, effectively, the world’s largest credit insurer. Euler Hermes is the result of the acquisition of Allianz’s Hermes by AGF’s Euler in 2002.
Euler Hermes reports 52,000 credit insurance clients worldwide and reports to handle 20,000 credit limit requests per day in their database of over 40 million companies. 633 billion euros in business transactions is said to be covered by Euler Hermes’ range of insurance policies.
ATRADIUS
Atradius provides trade credit insurance, surety and collections services worldwide through a strategic presence in 50 countries.
Atradius has access to credit information on 200 million companies worldwide. Its credit insurance, bonding and collections products help protect companies throughout the world from payment risks associated with selling products and services on trade credit. Head quartered in Amsterdam in the Netherlands, Atradius has over 90 years of experience in the credit insurance business with 3,300 staff in 160 offices around the world.