Thursday November 26, 2020

Lack of insurance hampers trade

Many retailers and other businesses are suffering from having to pay suppliers upfront, as insurers have been refusing to offer them cover

21st November, 2009

Billions of euro in Irish trade is covered by credit insurance, but over the past year, significant levels of this cover have been withdrawn, causing problems for thousands of businesses.

Retailers in particular are finding that insurers are declining to cover orders with suppliers, with many of Ireland’s leading stores under pressure to pay cash upfront.

Trade credit insurance has been the mechanism that allows many suppliers to offer credit to trading partners...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 10 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 5 years ago