In this episode of BPL Pulse’s podcast series, Jonny Carruthers, Director of BPL Global, speaks to Simon Philpin, Senior Underwriter & Global Head of Business Development (Trade Credit Division) at Markel, about Syndication in the Trade Credit Insurance Market.
“If the insured is looking to finance their receivables, the more cover they have in place, the more they’re able to finance. So it’s quite critical, sometimes from a CFOs point of view, if they are able to get a higher capacity in place close to the maximum of 100%. If they can, that makes things like working capital when financing is a lot more beneficial for themselves.”
Simon Philpin, Markel