What is Receivables Insurance?
Receivables Insurance insures suppliers against the risk of non-payment of goods or services by their domestic or international buyers.
It’s a valuable tool for business, brokers and bankers.
Your Business & COVID-19
May 7, 2020
Trade Partnership Insurance Launched to Bolster Canadian Business Through COVID-19 Impact
Ottawa, ON – May 7, 2020 – The Receivables Insurance Association of Canada (RIAC) is pleased to announce that RIAC members Export Development Canada (EDC), Euler Hermes, Atradius, Coface Canada and The Guarantee Company of North America have collaborated to bring much needed credit capacity to support Canadian businesses impacted by the COVID-19 pandemic.
Trade Partnership Insurance (TPI) is a select buyer reinsurance product that is intended to provide the Canadian-based private credit insurers with additional credit capacity.
Understanding Receivables Insurance
RIAC’s Receivables Insurance Brokers and Providers are on the frontline of risk mitigation for businesses in Canada. Our members help Canadian companies grow and succeed by providing them with tools to trade securely at home and abroad.