Using Trade Credit Insurance to Drive Smart Sales Growth in the GCC
Sales teams are focused on growing the top line, while credit teams work to protect the bottom line. In the dynamic business landscape of the GCC, success lies in collaboration—when both teams align around the same objective: enabling smarter sales through stronger credit risk decisions.
Discover how embedding sustainability into global trade strategies can enhance financial resilience and brand reputation. Learn how Allianz Trade empowers businesses to navigate transition and physical risks, supporting a sustainable future in global trade.
Negotiating payment terms when offering trade credit to customers can be difficult. Check out our late payment tips to protect your cash flow management!
What is credit protection and how does it affect you?
Credit protection is a vital strategy for companies to safeguard themselves against the risk of non-payment or default by their customers. In the GCC region, where market dynamics can shift rapidly, businesses concerned about the risk of default or non-payment can establish an agreement with companies such as Allianz Trade to provide comprehensive credit protection services. This means that even if the end customer defaults or becomes insolvent, the business is not left out of pocket.
What is financial risk and how can it be controlled
Financial risk refers to the possibility of losing money and is an inherent part of any business venture. Good financial risk management involves identifying potential risks, assessing how much risk can be absorbed, mitigating the identified risks, and controlling a variety of risks, using a range of different methods.