A Word from the Managing Director: Kirk Cheesman
It’s been a tough start to the year with retailers Ed Harry and Napoleon Perdis entering administration. With lower than expected retail sales for the Christmas period, we may see more insolvencies in the first Quarter of 2019 within this sector.
NCI have been in negotiations with Equinox Global Limited, a London based insurer, to establish a specialised ‘Top-Up’ cover solution. This development means that in the case of an existing limit not being fully approved, we can offer a solution so you can trade fully insured – find out more here.
$64,000,000 – the amount paid to NCI clients in 2018 via their trade credit insurance policies. This money goes straight back to our clients profitability, which could have been lost due to bad debts. We are proud to be able to support our clients in not only protecting against a potential loss, but also when a loss actually occurs.