Coface has issued accreditation to 300 specialist brokers from 50 companies to sell its Cashflow Trader and introduce its Coface UK Finance Trade products.
The products incorporate credit protection, early claim payment and cash-flow options. They allow business to manage their bad debt risks.
Lynn Mildner, senior commercial manager at Coface UK, commented: “By expanding their existing key skills to include wider credit management expertise, the role brokers perform will become instrumental for companies who are looking for guidance. In a market where more insurance is being sold directly, this will be an important factor in growing business through brokers.
“We are delighted that so many brokers have taken the opportunity to expand their skills and become accredited to sell Cashflow Trader and introduce Finance Trader. Coface is committed to support our broker partners by providing more innovative services for them to sell.”