15 August 2018Continuum
For Geoff Yeates of Hertford-based insurance broker Continuum, the benefits of CIFS collections service makes opting for our Integrated Collections policy a “no-brainer” for his clients.
Geoff is Business Development Manager in Continuum’s Trade Credit division and explains, “We always counsel that a credit insurance claim has three elements – Justification, Notification and Consultation. With the seamless, one-stop process between CIFS as insurer and STA International as collections partner, there’s an instant paper trail, which means policyholders are either paid quickly or have their claim settled in a fast and straightforward manner.
“What’s more our clients also benefit from a contribution towards legal costs, a 95% indemnity under their policy and they can qualify for a no claims bonus on renewal. It’s simple and flexible to use – for example clients can set the ball rolling as soon as a debtor is beyond terms or wait
until the end of their Maximum Extension Period – and it’s far more cost-effective than, say, 'going legal'. What’s not to like?”