A special type of insurance called Trade Credit Insurance (TCI) is required and mandated by banks in Europe, but many U.S. companies are unaware of it. This policy triggers when a company fails to pay in a B2B transaction. As bankruptcy rates climb and economic volatility increases, should businesses consider insuring their accounts receivable?

Insurance professionals help clients grasp the risks and impacts of events like recalls or contamination, highlighting the importance of recall and contamination insurance for covering costs and providing crisis management support. CRC Group offers specialized expertise and extensive market access to help retail agents secure optimal coverage and manage complex risks effectively.

The REDY Index leverages CRC Group’s collection of actionable data – the wholesale industry’s largest. It provides critical pricing analysis monthly, giving you a snapshot of the marketplace. The REDY Index generates instant intelligence on pricing trends by industry or coverage, enabling our retail partners to set accurate data-driven expectations with their clients. Removing the guesswork empowers CRC team members to negotiate competitively, consistently producing better outcomes, better deliverables, and better results.

A simple software update by CrowdStrike, a cloud-based cybersecurity platform, caused a global crisis, sending 8.5 million Windows devices into chaos and crashing Microsoft Azure systems. What are the wider potential insurance impacts? What does it mean for cyber insurance and risk management?

Most people assume nothing bad will ever happen to them, but a single accident could wipe out a family’s savings and assets. Why take the chance? Purchasing a personal umbrella policy is a simple, affordable way to protect your clients from the financial devastation of an accident or lawsuit.