Credit insurer Atradius predicts that the number of specialist credit insurance brokers in the UK & Ireland is likely to decline by 10 per cent over the next year, the result of changes to the broker market brought about by impending FSA regulation and developments in technology.
Leading credit insurance and credit management specialist Atradius (formerly GERLING NCM), says that, though regulation will lead to fewer brokers in the credit insurance market, the level of service and advice on offer will be higher. As a result, Atradius predicts that these highly skilled intermediaries will be more effective in helping businesses see the benefits of bad debt insurance.