This policy is applied to total turnover. We single out the groups most exposed to risk, thereby optimizing the client’s investment. We perform a risk analysis and market survey designed to identify the best solution. We contact all companies operating in Italy and, for specific requirements, the Lloyd’s of London market directly. We assist you during contract drafting and throughout the policy’s life cycle, from management of any claims to their collection, freeing you from the need to collect debts, a task which is transferred to the insurance companies.
This policy is applied to total turnover. We perform a risk analysis and market survey designed to identify the best solution and determine the client groups to exclude from coverage. We contact all companies operating in Italy and, in specific cases, abroad. We assist you during contract drafting and throughout the policy’s life cycle, accompanying you in claims management and in the administrative provisions laid down by the various credit companies, thereby avoiding non-compliance with any terms and conditions.
With Excess of Loss policies, in which the client obtains a maximum level of indemnity per year or per claim, companies independently apply credit limits and debt collection to each of their clients, against a global annual deductible. We assist our clients in defining cover with the insurers, but above all in the pathway to Credit Policy certification, which represents a decisive factor in the relationship with both credit institutions and insurance companies.
Excess of Loss policies enable the company to adopt its own Credit Management procedures to define credit limits for its clients and to independently manage collection activities. The Company calculates the excess and the rate to apply to the policy. This particular form of cover enables the company to adopt its own established credit procedures and has the advantage of leaving considerable autonomy in the setting of credit limits.
The policy dedicated to single risks or single countries is designed for companies with specific exposure cover requirements but not in need of a global policy. Dedalo guarantees its clients the same support provided for global policies, assisting them along a pathway that offers flexibility while safeguarding against risks.
The policy dedicated to individual risks or individual countries is designed for companies with specific exposure cover requirements with respect to foreign countries or buyers, with both short-term and medium- or long-term payment deferments. Dedalo guarantees it will provide its clients with the same support envisaged for global policies, accompanying them along a pathway that offers flexibility in identifying the various solutions the market has to offer.
We are able to assist clients in stipulating the most complex type of insurance cover, i.e. in non-OECD countries where clients are exposed to political risk. This type of cover permits the deferment of payments by up to 24 months. Through Lloyds we are even able to cover war risk.
The ability to determine medium- and long-term cover is a strategic requirement for safeguarding businesses operating with buyers in non-OECD countries. International tensions frequently force the various insurers to include or exclude the insurability of certain countries. We can help clients identify the insurer authorized to grant coverage of both commercial and political risk in the highest-risk countries.
Certification of minimum procedures for Credit Management
We assist companies in determining and defining the credit management procedures required to correctly manage their accounts receivable. We enable our clients to harmonize existing procedures with the needs required by the various insurers to authorize degrees of independence in defining credit limits fortheir own clients. We support companies in the procedure certification process with a view to improving their credit rating.