WORLDWIDE CREDIT COVER FOR MULTINATIONALS

Through its partnership with COFACE and the International Credit Alliance network,
CUAL presents GLOBALLIANCE – a dedicated product designed specifically for multinational groups.

It provides multinational companies with the opportunity of purchasing the widest credit cover available internationally – at globally competitive rates. This product is then extended to all subsidiaries worldwide.

Service delivery is provided by the local Credit Alliance partner. This overcomes any language or legal barriers.

CUAL can facilitate the establishment of a global credit insurance contract with worldwide local service for major South African players. Alternatively, CUAL can provide a local credit insurance service for international global players who are insured through the Credit Alliance Group.

GLOBALLIANCE is a tailor-made solution. It is devised for your company according to your selection, and to meet your objectives. Wherever you are, this unique service offered to you through the International Credit Alliance network, gives you the freedom to develop profitable international sales in total security.

By insuring your worldwide subsidiaries with the Credit Alliance Group, CUAL GLOBALLIANCE offers three distinct benefits:
  • A substantial reduction in premiums;
  • Significant increases in the credit insurance protection provided;
  • Local service delivery.

Furthermore, in addition to the normal benefits provided by a conventional insurance policy, CUAL GLOBALLIANCE:

  • is flexible: can be tailored to suit your particular needs, whatever the size or structure of your company;
  • can be extended to cover preshipment/manufacturing risk, insuring you in the event of the insolvency of your customer prior to delivery;
  • provides domestic and/or export credit insurance cover under one policy;
  • provides both commercial and/or political risk cover under one policy;
  • offers a large Limit of Discretion, which allows you to control with whom you do business and at what value;
  • can provide up to 90% of cover;
  • allows flexible credit insurance options, varying from whole turnover cover to cover for large losses only.

CUAL GLOBALALLIANCE means global peace of mind. Your parent company and all subsidiaries worldwide can benefit from the same quality of service and the same level
of security.

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