"Specialist Risk, formerly known as Miles Smith Insurance Solutions, staff are friendly, extremely approachable, responsive and very much work with us, allowing us to get on with the day-to-day running and growth of our business"
If one of your large clients failed to make payment of their debts due to cash flow issues, insolvency, or bankruptcy, this could cause a significant financial strain on your business.
Trade Credit protects businesses in these circumstances and can also help your business grow by selling your services to new clients that may usually be too high-risk. You can therefore work assured that you will be covered for any failed payments if your clients are unable to make payment.
All businesses face unique risks, so please get in touch with our expert team to ensure your business has the correct cover in place.
Protection against non-payment due to insolvency, default and country risk
Multi-buyer – a comprehensive cover for protection against any customer default
Single customer – protection from your key account defaulting
Named customer – typically designed for businesses with a portfolio of customers that is weighted towards a handful of large exposures
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“It makes things a lot easier, particularly when insurance isn’t your area of expertise. You want someone who understands how you’re set up, the way your board is, how you have to get things approved, and that you’re commercial, but do have other aspects.”
"Specialist Risk Insurance Solutions (SRIS) have acted as J B Accountancy Solutions insurance broker for over 10 years. During that period we have forged a good working relationship and have always been impressed with the level of professionalism and market knowledge.
Specifically we have found real value in their claims service and the immediate guidance and assistance their team have provided over the years. This is especially the case when it comes to managing our expectations around policy cover, providing assistance with preparing the claims submission to insurers and then being advised and updated throughout the process. We look forward to working with the team for years to come."