SWERMA / Aon: Credit Solutions – driving growth and balance sheet optimization
Even before COVID-19, growth in the global economy had slowed. The impact of the pandemic has accelerated that trend as consumer spending has dropped and global trade reduced, with an expected surge in insolvencies and defaults globally.
The majority of countries are expected to post double-digit increases in 2021, e.g. one credit insurance company expecting an +33% increase of insolvencies globally.
Larger (longer) lines of credit combined with increased stock levels resulted globally in 5+ days working capital requirement. Which equals approx. $8000 billion in additional financing need.
How can credit insurance be an effective tool for companies to navigate in volatile times? The product combines the tool to minimize credit losses and make work around working capital more efficient.
- Kristina Erlandsson – Head of Credit Solutions – Nordic
- Gary Lormier – Global Client Development Director – EMEA
- Gustav Oddshammar – Specialist Broker Credit Solutions
Open for those who work internally with RM in their compay.
Participation: A Link to the Webex event will be sent prior to the event.
Sign up before: 2021-03-25, 6 PM