How does Atradius compare in cost to other credit insurance providers?
Atradius is competitively priced, with premium typically ranging from 0.1% to just over 1% of insured turnover. While not always the lowest-cost provider, Atradius offers strong value through comprehensive coverage, global expertise, and integrated services. With more than 100 years of service to our insured, we have consistently remained competitive in both pricing and performance.
Is there flexibility in the premium pricing?
Yes. Premiums are based on your turnover, customer risk profile, industry, and credit terms. Atradius works with you to tailor pricing, and there may be opportunities to adjust your premium depending on your coverage scope and risk exposure.
Are additional services or features included in the standard premium?
Yes. Premiums are based on your turnover, customer risk profile, industry, and credit terms. Atradius works with you to tailor pricing, and there may be opportunities to adjust your premium depending on your coverage scope and risk exposure.
What are the integrations costs for connecting at radius to our internal systems?
Atradius provides a web-based platform (Atradius Atrium) that requires no complex integration. Most clients can manage their policies without additional IT investments, making onboarding cost effective and straightforward.
What is the typical timeline for full implementation?
Once underwriting is complete and the policy is issued, you can begin using the platform and coverage features almost immediately. The quoting and setup process is designed to be efficient and responsive.
What service level agreements (SLA) do you offer for customer support?
Atradius offers responsive customer service with dedicated account managers and global support teams. While specific SLAs may vary by policy, the company emphasizes fast response times and proactive communication.
What is the expected turnaround time for claims payments?
Atradius aims to process claims quickly and efficiently. While timelines can vary depending on the complexity of the case, many claims are resolved within a few weeks once all documentation is submitted.
Do You Have Questions About Trade Credit Insurance?
We Are Here to Help!
Depending on your business, the answer is usually yes. Just like other types of insurance, it’s there to protect you when things don’t go as planned. In this case, it helps shield your business from the financial hit of customers not paying their invoices. It can cover up to 90% of those unpaid amounts, which means you don’t have to set aside as much for bad debt and can use that money to grow your business instead. So, rather than being just another expense, it’s really a smart investment.
Atradius has a platform called Atradius Atrium that makes it easy to stay on top of everything. You can manage your policies, apply for credit limits, keep track of collections, and get useful insights through reporting tools - all in one place. It's built to fit smoothly into your exisiting process , so staying compliant and organized is a lot simpler.
A lot of companies are using trade credit insurance as a smart way to manage risk. It gives them a confidence to offer credit to new customers, help them get better access to financing, and takes some of the pressure off when it comes to bad debt. Plus, with market insights it provides, businesses can make more informed decisions and stay ahead of potential issues.
Do You Have Questions About Trade Credit Insurance?