In order to create a suite of credit risk products that offer credit teams simplified policy compliance and enhanced portfolio insights, London-based company Bondaval has entered the trade credit insurance market. The company has launched its first product in this line which will be made available on their platform in the UK and European Union (EU) and is backed by Great American International Insurance UK.
The policy also has support from Great American’s specialist trade credit and political risk insurance division, the Foreign Credit Insurance Association (FCIA).
