Eligible insurers were invited to apply for a reinsurance agreement that covers domestic and overseas trade.
The Trade Credit Reinsurance Scheme ensures that trade credit insurance coverage and credit limits are maintained during the coronavirus pandemic, helping businesses to trade with confidence.
Update 29 December 2020
The scheme has been extended by 6 months to 30 June 2021 and approved under relevant state aid rules.
These are the participating insurers:
The scheme is available until 30 June 2021, backdated to 1 April 2020.
The Scheme Rules include information about:
Individual businesses do not need to sign up for the scheme as in-scope policies held with a participating insurer will automatically be eligible for inclusion.
Businesses should discuss their trade credit insurance needs with a participating insurer or insurance broker, or contact email@example.com with any further questions.
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