Igor Zaks President Tenzor Ltd talks about how factors and credit insurers can develop a strategic fit to address multiple areas, including international expansion, reducing recourse requirements, and improving funding structures in his article for the World Factoring Yearbook 2022.
Credit insurance has come into the spotlight quite often in recent years, with the Covid crisis and related measures, the Greensill crisis and the re-emergence of political risk (such as the current war in Ukraine and the multiple global ripple effects flowing from it) drawing attention to its features, risks, and benefits.