Getting the credit insurance you want and need: Reliable tactics for multi-buyer receivable policies
Thursday, January 6, 2011 at 03:51PM By Rob Downey
In previous blogs posts on the topic of Trade Credit Insurance (TCI) policy administration, we heard from a West Virginia hitchhiker on the necessity of changing tactics, and from the Roman gods Apollo and Daphne on the benefits of changing thinking to suit the demands of the day. Today add Mick Jagger and the Rolling Stones to the list of those who took up other careers, but might have been great Treasurers, Chief Financial Officers or Credit Managers by virtue of their abilities to retain the essential flexibility of mind and openness to tactical change necessary to use trade credit insurance products wisely.
“You can't always get what you want… but if you try sometimes, you just might find, you get what you need."
With the dawning of 2011, I address all insureds holding Multi-Buyer (MB) receivables policies: If you are concerned about gaps in your MB coverage or restrictions that keep certain credits outside your insured portfolio, think about your situation anew.