Steel Buyers Guide

Profile information for Euler Hermes Holdings UK plc

Member Profile
Euler Hermes Holdings UK plc

1 Canada Square
London
E14 5DX
United Kingdom
Tel: 020 7512 9333
Fax: 020 7860 2856

Company Information:

Euler Hermes, part of Allianz, is the world’s leading credit insurer, protecting thousands of businesses across the UK from the threat of unexpected customer insolvency. With more than 6,000 staff and a presence in more than 50 countries, the Euler Hermes group, to which the UK subsidiary Euler Hermes UK belongs, insures more than €600 billion transactions worldwide, enjoying a 36% market share.

 

Euler Hermes UK is the UK’s largest credit insurer with a dedicated underwriting team for the metals and engineering sectors, insuring clients deliveries to customers in the UK and overseas. Our Metals team are always accessible and we value the strong and long lasting relationships we hold with our clients. Euler Hermes UK remain committed to the steel sector and we will continue to work closely with our customers and NASS to support the industry going forward.

 

Established in 1918, Euler Hermes UK itself has more than 500 staff and insures £50 billion of trade transactions each year for companies of all sizes from SMEs to multinationals. It covers not just domestic trade, but also export, helping businesses to identify the right trading partners and monitor the financial health of their clients around the world. A particular strength of Euler Hermes, beyond the confidence given by its AA- Standard & Poor's rating, is how it manages risk.

 

The information it holds on more than 40 million companies worldwide is regularly updated through a network of more than 6,000 Risk Analysts embedded within the local business community worldwide. This commitment to obtaining the most up-to-date financial information is at the heart of helping businesses make better-informed credit risk decisions – whatever the sector and wherever in the world they wish to trade. And its service extends beyond credit insurance to embrace a range of credit management solutions, including bonding ,surety and debt collections, making maximum use of its local contacts, knowledge and expertise.

 

With 2011 defined as a year of growth, credit insurance through Euler Hermes is essential to enabling businesses to grow with confidence. Industry Expert : Shannon Murphy 020 7860 2764 shannon.murphy@eulerhermes.com