Credit and caution introduces redesigned Agile Policy to enhance accessibility for companies

Credit and caution has redesigned its Agile Policy for extend its use among companies and generalize the possibilities of access for the productive fabric to the protection it provides against the increase in corporate late payment. The entity highlights that “Spain is already one of the countries in the world with the highest penetration of Credit insurance thanks to the Credit and Surety strategy, which maintains as one of its pillars the design of products and services capable of adding value to large, medium or small businesses. And he emphasizes that “the new Agile Policy is specially designed to simplify management as much as possible and break down the entry barriers for smaller companies».

The insurer highlights that the agility of the new Credit and Surety policy begins with the immediacy of hiring. «The process maintains the flexibility to modulate coverage, knowing the insurance price from the first moment. Activation through abbreviated conditioning is immediate and customer classifications protect retroactively,” he explains. And he details that “the administrative management is extremely simplified by the insured without sacrificing the main benefits of the insurance: permanent monitoring and surveillance of the evolution of clients’ credit risks, 180-day protection for commercial credits and launching of recovery actions after the declaration of non-payment. In addition, this policy makes available to the insured all the value-added services offered by Crédito y Caución, “which they provide from search engines to generate new business opportunities such as Maps to customer portfolio management and monitoring services such as View.”

«We wanted a simple and agile product capable of facilitating credit insurance protection among companies with a turnover of up to three million euros. It is a very cost-competitive product, with reduced compensation terms that will help small businesses grow in a global world, develop economies of scale and improve their productivity levels. We aspire to bring credit insurance guarantees to those business segments that need more than ever to be supported and protected to face the uncertainty of the environment and the increase in the production and financial costs of their clients,” explains the director of Commercial Development of Credit and caution, Francisco Castrillo.