Full Service Accounts Receivable Insurance Broker and Advisor

All Insurance Carriers

Smyyth is an expert, leading broker for trade credit insurance to protect against bad debt and accounts receivable losses using global credit insurance carriers and capital markets, with policies tailored to meet your specific objectives As a specialized, intermediary-broker, we have access to all the major insurance market makers.

Our clients include domestic and international companies in all industries.

End to End Service

We make it easy for you. Our experts guide you through the entire process, obtain competitive quotes, negotiate, review and advise on the agreements and, after your protection is in place, we help you administer the credit insurance policy.

Credit Insurance Policy Types

• Whole Turnover Credit Insurance - insuring virtually all of your sales
• Key Account Credit Insurance - insuring only the largest revenue customers
• Single Customer or Distressed Account Credit Protection

Benefits of Credit Insurance

Credit Insurance provides protection against unexpected revenue and profit shortfalls caused by bad debts or the insolvency of major customers or suppliers, and it enables you to sell more to domestic and export customers you might otherwise have to pass on. Further, your lender may be able to increase your borrowing lines because of the extra layer of protection. Protect your company from catastrophic credit losses, and increase your sales by offering your domestic and export customers higher credit limits and longer terms of sale. Be more competitive in export markets by offering open-account terms vs. expensive letters of credit. Increase your bank credit lines when you have customer concentrations, foreign receivables, or extended terms of sale.

Self-Funding. We can demonstrate for you how these credit insurance programs can often be self-funding, while increasing revenues and protecting your profits.

Administering the Credit Insurance Policy

Smyyth's dedicated policy advisor will assist you with any questions or reporting, and coordinate claims processing. We also offer the (optional) Carixa Credit Insurance Administration System, which provides credit policy, credit and collection controls, with management work-flow to streamline your entire credit process and assure you remain in compliance with the credit insurance policy.

Integrated Collections - One stop convenience

Credit insurance policies require that past due accounts be handle promptly so as a valuable service to our insured clients, your service advisor will provide integrated collection services and online reporting anywhere in the accounts receivable life-cycle, for ongoing or delinquent receivables, with special discounted rates from our affiliate, Smyyth Collections LLC, a CLLA and Federation of Credit Certified service. This will save you the hassle of dealing with multiple parties, controls, follow-up and reporting, plus get excellent collection results.

For an immediate quote or more information, please call or email our Managing Director directly: Marc Wagman,+1-201-714-4561 or MWagman@smyyth.com.