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The global accounts receivable insurance market continued to grow in 2023. More precisely, it is returning to normal, which corresponds to the time before the pandemic. The overall market growth in the sector was 6% over the past year. It is indeed significantly less than the 18% sprint in 2022, but then the post-Covid boom and high inflation contributed to year-on-year growth.
With global growth estimated at 3.0% in 2023 and in 2024 (for the record it was 6% in 2021 and 3.5% in 2022 – source International Monetary Fund, IMF) the world economy is slowing down, even is the first sign of inflation decreasing are popping up.
Global commercial risk brokerage unit AU Group has published its latest research on the trade credit insurance (TCI) market. How turnovers, profits, Loss Ratio (LR) look like and how they have been developing in the last period, or how do employee’s efficiency indicators look in this segment?
ARFiN has become one of the selected partners of the insurance company EGAP. The Czech Export Agency has decided to change its existing strategy and entered into contractual cooperation with a small group of specialised insurance brokers that have a long experience in trade credit insurance. ARFiN BROKER is also among them. The partnership with the insurance company EGAP allows us to provide full broker services including operational management and online insurance support for all EGAP products.
Origin, a leading trade credit insurance provider in India, and AU Group – the world’s leading independent broker specialised in trade receivables, headquartered in Paris – today announced a strategic partnership. This partnership marks an important milestone for both companies: it will enable Origin to provide a wider range of insurance products and services to its customers and AU Group will extend its geographical scope and service capabilities.
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