Atradius UK has launched a dedicated Surety branch, expanding its capabilities to deliver a range of bonds and guarantees for businesses across the UK. The move builds on Atradius’s established UK market position and underscores its commitment to delivering comprehensive risk management solutions for companies of all sizes.
The London-based Surety team, now fully operational, is positioned to offer a comprehensive range of bonds and guarantees to give businesses the confidence needed to compete and grow in demanding markets.
Atradius Surety is already a market leader in Europe, with a decade of consistent and profitable growth, achieving a compound annual growth rate (CAGR) of 5.1% and maintaining a 41% profit margin. Backed by an ‘A’ (Excellent) credit rating and the global strength of Atradius, ranked as the world’s second-largest credit insurer, the UK Surety Department brings proven expertise and financial resilience to local and international clients.
Marc Cambourakis, Country Manager and William Gray, Senior Surety Underwriter, commented:
“This launch is an important step in our strategic growth journey. We have been a trusted partner to UK businesses for many years, and by introducing Surety services locally, we can now offer a broad range of solutions to support our clients’ ambitions at home and overseas.”
The UK entry marks a strategic milestone which aligns with Atradius Surety’s ambition to become a leading international Surety provider.
20 years experience as a journalist and magazine editor. I'm your contact for press releases, events, news and commercial opportunities at Insurance-Edge.Net
The latest from Insurance Europe, who are trying to negotiate extra time for new standards across the sector; The insurance industry has called on the EU to publish a clear and coherent roadmap for the […]
The home insurance market is changing rapidly, as thousands of homeowners seek to raise extra income via Airbnb, or rent out their driveway space for commuters or holidaymakers. Then there’s the army of private landlords […]
Generali Global Corporate & Commercial and Ticinum Aerospace announce a strategic partnership to boost innovative solutions in the property business. Generali’s P&C unit Global Corporate & Commercial (GC&C) enhances its existing capabilities by partnering with […]
Be the first to comment