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Marsh in trade credit warning

Mounting fears of a UK recession among businesses have led to a sharp increase in the sale of trade credit insurance policies. However, Marsh added the protection available from insurers is becoming limited in some trade sectors.

The broker claims that the number of enquiries for trade credit insurance from UK businesses has more than doubled over the past 12 months. Designed to protect firms’ cash-flow and balance sheets from

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Q&A: Preferred’s Lee Sadowski

Having departed Crawford & Company in 2023, Lee Sadowski joined insurance property claims specialist Preferred – a company he had previously tried to buy – as chief strategy officer. Almost two years on he reflects on diversification and achieving zero complaints with a strategic client.

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