How Automotive Suppliers Can Take Advantage Of Trade Credit Insurance - aftermarketNews

How Automotive Suppliers Can Take Advantage Of Trade Credit Insurance

In this audio interview from Global Business Professor, Nick Fow, vice president of sales for Euler Hermes North America, discusses why companies use credit insurance, and what special risks companies in the automotive sector face.

Global Business Professor’s latest audio interview, “How Automotive Suppliers Can Take Advantage of Trade Credit Insurance,” features Nick Fow, trade credit solutions expert, and vice president of sales for Euler Hermes North America.

In the 15-minute audio interview, Fow discusses these questions:

  • Why do companies use credit insurance?
  • What special risks do companies in the automotive sector face, and how can you help to mitigate them?
  • Do you have any advice for companies seeking to export their goods?
  • Where do companies like yours get their company information?
  • What advice would you give to a CFO who finds the cost of TCI too high?

Nick Fow has consulted with companies of all sizes and industries, aiming to help them trade with confidence and strategically grow their business at home and abroad. His company, Euler Hermes (EH), provides a wide range of B2B trade receivables protection and credit management solutions, including credit insurance and debt collection. EH’s business is about leveraging its knowledge – the most comprehensive in the world – to serve the success of companies in these sectors and beyond: transportation and logistics, machinery and equipment, automotive, electronics, IT services – any company that sells B2B.

Incorporated in 1893, Euler Hermes is one of the world’s oldest and largest providers of trade credit solutions. With an AA- rating from S&P and backed by Allianz, one of the world’s leading financial services providers, Euler Hermes covers nearly $1 Trillion in global trade transactions.

In his role as a risk management consultant, Fow has advised chief financial officers, controllers and credit managers on how to leverage trade credit solutions to manage, protect and maximize their trade receivables.

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