The latest news from Atradius for you; One of the UK’s largest trade credit insurers has issued a red flag to the motor industry as new data reveals a sharp rise in claims for unpaid and late […]
The 90 day invoicing cycle is the scourge of business life for many small firms and sole traders. Why it’s legal when banks, building societies, landlords and shops can all demand payments within 30 days […]
Allianz Trade, has launched a standalone fraud insurance product to help businesses combat the post-pandemic rise in employee fraud and external scams in the UK. The new product covers internal fraud by employees, such as […]
New research from Direct Line business insurance reveals tradespeople are currently owed on average £6,984 which is past the due date for payment. Late payments are a longstanding issue and many tradespeople have had to […]
UK businesses report losing £8 for every £100 billed in the last year due to the non-payment of invoices, according to the research by trade credit insurer Atradius. The Atradius Payment Practices Barometer reveals nearly half […]
Horwich Farrelly, the specialist insurance industry legal services firm, alongside Covea Insurance, have recovered £35,000 in legal costs after successfully defending a claim involving a fraudulent physiotherapy invoice. The claim brought by Marc Elvidge, for […]
Group-IB, a global threat hunting and adversary-centric cyber intelligence company that specializes in investigating and preventing hi-tech cybercrimes, has released a comprehensive analysis of fraud schemes on a global scale. In total, fraud accounts for 73% of all online […]
Unfortunately cybercriminals don’t respect the sanctity of the holidays and, in fact, Christmas makes them more creative, warns CFC, the specialist insurance provider and pioneer in emerging risk. The festive period has created a range […]
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