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Hrvatsko kreditno osiguranje d.d.
  • ABOUT US
  • Parent company
  • Management Board
  • Financial statements
  • CREDIT INSURANCE
  • WHAT IS TRADE CREDIT INSURANCE?
  • ADVANTAGES OF TRADE CREDIT INSURANCE
  • OUR SERVICES
  • Trade credit insurance and risk management of trade receivables
  • Buyer risk assessment and monitoring of buyers
  • Assistance in trade debt collection
  • News
  • Documents
  • Frequently asked questions
  • Contacts
  • ADVANTAGES

Trade credit insurance is a comprehensive financial service, much broader than just the insurance and indemnity payment in the event of non-payment of your customers. First of all, based on a detailed risk assessment of your customers, we separate buyers in relation to their payment records and thus enable the business relationship with reliable customers whose payment abilities will be continuously monitored. Using insurance policy of the Croatian Credit Insurance we provide you further significant savings in time and financial resources, as you can concentrate on what you are strongest at and thus increase sales, growth and competitiveness of your businesses.

Trade credit insurance also gives following advantages:

  • Usage of an insurance policy as additional collateral in cooperation with commercial banks and factoring houses, and thus easier approach to funding sources
  • Better risk management
  • Protection of the balance sheet and increase of profitability
  • More secure sales of goods and services  in Croatia and abroad

In the case of non-payment by your customers we will pay indemnity and will also participate in the costs incurred in an attempt to collect your receivables.

Companies usually underestimate how much additional revenue they have to generate to compensate even for small losses due to uncollected receivables.

Amount of non-paid receivables
in EUR
Additional revenue needed given a  profit margins of:
3% 5% 8% 10% 12%
5.000 166.667 100.000 62.500 50.000 41.667
15.000 500.000 300.000* 187.500 150.000 125.000
50.000 1.666.667 1.000.000 625.000 500.000 416.667
100.000 3.333.333 2.000.000 1.250.000 1.000.000 833.333