Trade Credit

Trade credit from Hollard combines innovative debtors insurance with a credit management service.


What We Offer

Hollard Trade Credit is part of the Hollard Specialist Risk team, offering a selected debtor and selected limit trade credit insurance offering.

What We Do

Our cutting edge trade credit product allows you as the client to buy insurance on a per-debtor basis. We carry out credit checks on each debtor and charge a premium on each individual risk. This offering is combined with a credit management facility, which helps you keep a close eye on your debtors book at all times.

Why Choose Us?

When we take on a client’s debtor, we fully commit. Our objective is to help you gain full control of your debtors’ book and manage your risks more closely.

1. Insurance that fits your needs

You buy credit insurance on a per-debtor basis and once we’ve run checks on the individual debtors and approvals are passed – you’re ready to go. Your premium is based on the credit limit to your client. We distinguish each risk on a per-debtor basis and charge premiums according to that risk, so you’ll then be able to adjust your pricing using your risk premium as a guide. By implementing a percentage-based excess, we’re aligned with you from the start – and you’re getting the coverage you need at the best possible price.

2. End-to-end risk management

Detailed credit information on every debtor helps you to understand the underlying risk and make informed decisions relating to credit extension. Our credit management partner, Debtsource, provides ongoing credit management information with proper audit trails and complete transparency. Debtsource also identifies any problem debtors across your entire client base, allowing you to take early action and significantly reduce your credit risk.

3. We make it easy

All we need from you each month is an electronic copy of your monthly age analysis – nothing else. As a policyholder you’ll have full access to your portfolio through the Debtsource online system, which is also accessed by us at Hollard. This means better collaboration through shared information and documentation, creating a complete picture of every debtor in your portfolio.

Looking for trade guarantees? Please visit the Hollard Trade and Construction Guarantees page.

Contact: Gareth Joubert
Email: garethjo@hollard.co.za
Tel: 011 351 2130