13 December 2017
visit www.solutions.lexisnexis.com

HSBC launches online credit insurance service

06 November 2003  |  4203 views  |  0 HSBC launches online credit insurance service

HSBC Insurance Brokers has launched Cover Credit, a real-time, interactive online trade credit insurance service for small and medium-sized UK businesses with annual credit sales of between £0.5m and £6m.

Cover Credit protects small and medium sized businesses based in the UK, European Union and other agreed export countries against the risks of non-payment.

Businesses can use the service - developed in association with underwriters Coface - to obtain quotes for credit insurance, credit assessment and collections management services. HSBC promises to confirm online applications within three working days.

The Internet-based system also offers access to an online database containing information on over 44 million companies worldwide.

Bob Brown, director, international credit and political risks division at HSBC Insurance Brokers, says: "Cover Credit can provide the confidence to expand and financial security and peace of mind to budding and established businesses alike, all delivered with minimum fuss and delay."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

HSBC Bank USA deploys Fiserv platform at mortgage subsidiary

HSBC Bank USA deploys Fiserv platform at mortgage subsidiary

21 October 2003  |  4264 views  |  0 comments
HSBC signs partnership agreement with Accurate Software

HSBC signs partnership agreement with Accurate Software

20 October 2003  |  3660 views  |  0 comments
Unions vow to fight HSBC's 4000 UK job cuts

Unions vow to fight HSBC's 4000 UK job cuts

17 October 2003  |  5427 views  |  0 comments
Bear Stearns, Lehman Brothers and HSBC sign up as market makers on TRAC-X

Bear Stearns, Lehman Brothers and HSBC sign up as market makers on TRAC-X

16 October 2003  |  3613 views  |  0 comments
HSBC drops bill pay charges

HSBC drops bill pay charges

08 September 2003  |  4763 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.aciworldwide.comvisit www.solutions.lexisnexis.comvisit www.atos.net

Top topics

Most viewed Most shared
Saxo Bank's 'Outrageous Prediction': Bitcoin to peak at $60k next year before spectacular crashSaxo Bank's 'Outrageous Prediction': Bitco...
12134 views comments | 7 tweets | 7 linkedin
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
9316 views comments | 16 tweets | 22 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
7916 views comments | 17 tweets | 35 linkedin
Santander UK poaches Barclays innovation chief Michael HarteSantander UK poaches Barclays innovation c...
7330 views comments | 8 tweets | 17 linkedin
Alior Bank to use Open API platform and accelerator to create fintech marketplaceAlior Bank to use Open API platform and ac...
7165 views comments | 20 tweets | 11 linkedin

Featured job

Competitive
Germany, Austria or Switzerland

Find your next job