Aon Trade Credit launches international team

Aon Trade Credit UK is launching an international team to support global companies in managing their receivables more proactively to prevent bad debt.

The new team will assist by placing global credit insurance programmes centrally to provide cover for bad debt due to customer insolvency; providing daily advice on changing credit limits with input from the global team of 400; and supporting insurance cover with knowledge on the risk profile of customers, access to Aon Trade Link with ratings agencies’ data and credit management tools such as Aon Trade Manager.

Andrew Child will be leading Aon Trade Credit as head of the international team in the UK and brings over 20 years experience in credit insurance.

He said: “Global CEOs and risk managers face the challenge of grasping not only how their company is operating in several countries but also the health of their customers.

"Bad debt could spiral from one country to hit the parent so international businesses need to adopt a more sophisticated way of monitoring cashflow. In response, our team has evolved to provide a global outlook with local contact.”

Aon said the launch of its international team forms part of Aon Trade Credit’s strategy to specialise in the SME, corporate and global sectors, with industry expertise in construction, paper, media, electronics, steel and food & drink.