We have noticed a tendency by a number of our clients to leave the ‘Additional details’ section of a PPSR registration blank. While there may certainly be occasions where ticking one or more of the 5 boxes in this area is not appropriate, our concern is that these are being left blank simply because the questions (and their implications) are not readily understood.Read More
On 5th May the Federal Treasurer introduced temporary measures, designed to last 6 months, to allow company officers additional flexibility in using electronic signatures (eSignatures) during COVID-19 restrictions. This might, therefore, be a good time to provide a brief overview of the situation regarding eSignatures.Read More
The current business environment and impacts of COVID-19 are providing various challenges to business communities around the world.
It is anticipated by many economists that, despite the efforts of governments to support their business communities and individuals, there will still be significant fallout relating to trade credit risks into the future.Read More
Q1 tracking well, until COVID-19…Read More
The impact of Coronavirus is having a profound impact on our global community.
The extraordinary events are affecting us all – including national and international trade. We want to assure you that NCI is committed to working with you to help you get through these difficult and challenging times and mitigate to the obvious economic consequences.
There are steps you can take to help better manage risk and navigate through this period of uncertainty. We want to share these with you and also some general measures that have been introduced to support you in managing the impact of COVID-19 on your business and your commercial relationship with your customers.Read More
With over 7,700 cases of the Coronavirus confirmed by Chinese health authorities at the end of January, quarantine areas being put in place, and borders being closed, the social and humanitarian implications of the outbreak are, rightfully, to the front of the world’s thinking. However, with the focus of the outbreak being one of the world’s largest manufacturing territories, there will certainly be secondary concerns relating to its impact on supply chains and the ability of businesses to meet their own performance obligations. In this regard, increasing attention is being directed to the relevance and application of ‘force majeure’ clauses in business contracts.Read More
There is a buzz at NCI as we enter our 35th year. Since 1985, we have grown to over 190 staff, operate in 4 countries and support more than 3,500 clients. Thank you so much for your support and partnership.Read More
A Welcomed Reprieve in Claim NumbersRead More
Trade credit insurance is the ultimate protection against bad debts, where you have your debtors insured against the risk of insolvency, protracted default or political events.
Credit risk management is a vital tool used to protect the financial health of your business. Our credit risk management service is proactive and designed to grow your company's sales...
Good credit management should ensure that customers pay on time, we understand that this is not always the case and not everyone has a trained and dedicated credit manager.
Over the years we realised that while our core product was insurance broking, our business was actually about protecting the profitability of our clients.