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Integro Expands Into Credit Insurance

Date: Nov 04, 2014 @ 07:01 AM
Filed Under: Industry News

International insurance brokerage and risk management firm Integro today announced its expansion into Credit Insurance to assist clients in managing  global receivables—and political risks in uncertain economic  times.

Integro is partnering with One Source Risk Management and Funding, Inc., the premier specialist broker for credit mitigation products in the United States and Canada.

New Integro coverage and service options include: credit and political risk insurance; international credit reports; collections; receivables management services; and factoring. The Integro/One Source partnership also makes available hedging options for very difficult public exposures where the traditional credit insurance market is not available.
 
“Our clients need options to protect all their interests, and that includes accounts receivable portfolios, which for many represent a significant asset,” said Marc Kunney, president of Integro North America. “Credit insurance is a valuable financial tool which can enhance sales growth, improve borrowing terms and provide receivables management options. Partnering with One Source Risk Management complements Integro’s existing capabilities to provide our clients a full suite of risk mitigation products.”

Credit insurance has a broad range of applications geographically and by industry. Industries and risk profiles that can reap major benefit include: manufacturing; retail; technology; chemicals; energy and construction—particularly those entities generating sales overseas.

Integro is an insurance brokerage and risk management firm. Clients credit Integro’s superior technical abilities and creative, collaborative work style for securing superior program results and pricing.

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