What Do Euler Hermes Do?

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Euler Hermes is a leading credit insurance company that provides a range of services to businesses around the world. Founded in 1917, Euler Hermes has been helping companies manage their credit risk for over a century. In this article, we’ll take an in-depth look at what Euler Hermes does and how they can help your business.

What is Credit Insurance?

Credit insurance is a type of insurance that protects businesses from losses due to non-payment by customers. It works by providing coverage for invoices that are not paid due to customer insolvency or bankruptcy. This can be especially important for small businesses that may not have the resources to absorb losses from unpaid invoices.

How Does Euler Hermes Help Businesses?

Euler Hermes offers a range of credit insurance products designed to help businesses manage their credit risk. Some of the key services provided by Euler Hermes include:

Credit Insurance

Euler Hermes offers a range of credit insurance products designed to protect businesses from losses due to non-payment by customers. These products can provide coverage for both domestic and international trade, and can be customized based on the specific needs of your business.

Debt Collection Services

In addition to credit insurance, Euler Hermes also offers debt collection services designed to help businesses collect unpaid invoices. These services are provided by experienced professionals who specialize in debt collection and can help you recover outstanding debts quickly and efficiently.

Risk Assessment

Euler Hermes also provides risk assessment services that can help businesses evaluate the creditworthiness of potential customers. These assessments are based on a range of factors including financial statements, payment history, and market trends, and can help you make informed decisions about extending credit to new customers.

Why Choose Euler Hermes?

There are many reasons why businesses choose Euler Hermes for their credit insurance needs. Some of the key benefits of working with Euler Hermes include:

  • Experience: With over 100 years of experience in the credit insurance industry, Euler Hermes has a proven track record of helping businesses manage their credit risk.
  • Global Reach: Euler Hermes operates in over 50 countries around the world, providing coverage for businesses that operate domestically and internationally.
  • Customizable Solutions: Euler Hermes offers a range of customizable credit insurance products designed to meet the specific needs of your business.
  • Expertise: Euler Hermes employs experienced professionals who specialize in credit insurance, debt collection, and risk assessment, providing you with access to expertise that can help you manage your credit risk more effectively.

The Bottom Line

Credit risk is a major concern for businesses of all sizes. By working with a company like Euler Hermes, you can protect your business from losses due to non-payment by customers and make informed decisions about extending credit to new customers. With over 100 years of experience and a global reach, Euler Hermes is a trusted partner for businesses around the world.

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