Nexus Underwriting

Summary

The key to any insurance is the cover that is provided. For credit insurance these are the credit limits and the policy conditions. At Nexus Trade Credit we strongly believe that with our local knowledge and expertise we can deliver the best insurance solutions to policyholders and brokers.

At Nexus Trade Credit we value our partnership with brokers - our sole distribution channel - we do not approach clients direct. When you deal with Nexus Trade Credit you will always speak directly to the decision maker. We are approachable, reliable and operate in a transparent and straightforward manner.

Equinox Global and Nexus CIFS are subsidiaries of Nexus Underwriting Management Limited, the most successful, independent, international specialty MGA.

Whole Turnover Trade Credit Insurance insurance is underwritten from the following locations:

UK Asia Netherlands France Germany USA

Nexus UK

Richard Marriage

Managing Director - Nexus CIFS

E: Email
T: +44 (0) 203 011 5698

Nexus Asia

Kevin Gotts

Nexus Co-Founder & Head of Specialty Asia

E: Email
T: +852 2535 8388

Nexus Netherlands

Frank Masteling

E: Email
T: +31 (0)346 715 075

NL Site

Nexus France

Alban de Malherbe

E: Email
T: +33 (0)1 8228 9312

Nexus Germany

Henning Siess

E: Email
T: +49 (0)40 3111 2842

Germany Country page

Nexus USA

Antje Seiffert-Murphy

E: Email
T: +1 (646) 593 8682

Product Overview

Our whole turnover policy covers you for non-payment for domestic and export sales due to insolvency and default. This product is available for commercial and political risk for buyers worldwide.

Depending on the clients wishes the cover can be ground-up covering all losses including small losses or with a deductible meaning a claim will be paid when a certain threshold is breached (per buyer or per year).

From SME to multinational
We can insure SME companies offering them a complete policy with credit limit and collection service but we also cover multinationals. Service can be provided locally through our various offices.

Non-cancellable limits
In order to offer our clients more certainty cover, we also offer the possibility of non-cancellable credit limits; usually for 12 months. Non-cancellable limits are available for clients with more sophisticated and strict credit management.

Features:

Policy limit up to GBP 50m
Local underwriters in 5 countries (UK, Germany, France, the Netherlands and USA) with high local authorities enabling quick decisions
Direct access to the underwriter
Wide range of choices and options to complete your policy

At Nexus CIFS we pride ourselves on offering a bespoke service to our customers. Many clients come to us because of our personal and flexible approach, and the added value that we can provide. All Nexus CIFS policyholders also have access to our credit management products:

First Limit

Nexus CIFS’ First Limit product provides policyholders with on-line access to immediate discretionary limit decisions on appropriate trading levels with potential business partners, bringing certainty and security to the trading environment. First Limit is a quick and cost effective way of establishing credit limits and, with the unique available limit information provided, is a great way to boost sales, allowing you to target your most credit-worthy customers.

First Place

Nexus CIFS’ First Place product provides a market-leading debt recovery service, enabling policyholders to collect overdue accounts swiftly and effectively & recoup the costs if the debt is collectable, whilst also being on a “no win, no fee” basis. We have worked with the UK’s leading collections agency STA International to develop a service that offers an easy-to-follow collections procedure and also helps you to ensure compliance with your policy requirements.