Trade Credit Insurance / Receivables Insurance has been around since the end of the 18th century, initially proposed as a “type of insurance to cover maritime risks in order to reduce losses caused to merchants.” It has since evolved to be used to cover the receivables assets of companies in many industries around the world.
This article outlines how the shipping industry is taking a renewed interest in “non-payment insurance” as it helps to protect maritime jobs.
Click here to read more about the history of Trade Credit Insurance
