Aon launches UK SME credit insurance service
With insolvencies set to increase in 2009, some 20% more of have turned to credit insurance this year to protect their balance sheet than in 2007. Aon's UK credit insurance busines Aon Trade Credit has launched Aon Tradeability, to take advantage of the number of small-to-medium enterprises (SMEs) looking to protect their balance sheet over the last year due to the financial crisis.
The new service will provide a"one-stop-shop" insurance cover for bad debt, knowledge on customers' ability to pay and a route to additional working capital finance. The insolvency rate for small
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