Trade Credit Insurance – 05 April

Please note: We have postponed this webinar and will inform you of the reschedule date shortly.
Thank you
Trade Credit Insurance – Growing your business safely
With rising energy and fuel costs, continuing supply chain issues, labour shortages, and global geopolitical concerns over the conflict in Ukraine, the trading environment is as volatile and unpredictable as ever for businesses. Coming out the other side of the pandemic, firms of all shapes and sizes should take every precaution to protect their cash flows, their supply chains, and properly manage their credit risk.

Trade Credit Insurance is one way to manage your credit risk– it provides financial protection for businesses selling on extended credit terms should any of their customers who owe money for products or services default in payment caused by insolvency or liquidity issues. It gives businesses the confidence to increase exposure to existing customers, extend credit to new customers and can also improve access to working capital, often at more competitive rates.

Nigel Birney, Head of Trade Credit at Lockton Companies LLP, is hosting a webinar for Londonderry Chamber members where he will provide an overview of Trade Credit Insurance, how it can help protect your business from bad debt caused by the collapse of a key customer, and explain how Trade Credit can help your business expand and grow safely both at home and in new export markets.

Nigel will be joined by colleague and client Stephen Kelly from Manufacturing NI and Nial Douglas from Derry-based Niche Drinks as attendees learn more about how Trade Credit Insurance can protect your business in these volatile times as well as give you the confidence and security you need to grow your business while managing your credit risk.

 Presenter bios:

Nigel Birney, Head of Trade Credit – Northern Ireland, Lockton Companies LLP

Nigel joined Northern Bank in 1980 and during his time held various posts including Auditor, International Banking Manager and Specialist Sales Manager until he resigned in 2005 to head up Trade Credit Brokers.

In 2009he was appointed Regional Director and in 2010 was also appointed Managing Director at Associated Risk Consultants in Cardiff. In 2014 Trade CreditBrokers was acquired by Willis Towers Watson and Nigel took up the role of Head of Trade Credit for Northern Ireland. Under Nigel’s management the combined turnover of Willis Towers Watsons Trade Credit clients in Northern Ireland in 2019 had reached over £1.2 bn.

Nigel joined Lockton Companies LLP as Head of Trade Credit in 2021. Lockton are the world’s largest privately owned insurance broker and Northern Ireland’s leading business and commercial insurance broker

Nigel is a member of the British Insurance Brokers Association and is also an active member of the Londonderry and Northern Ireland Chambers of Commerce.

Register here to join theZoom webinar on Tuesday 5 April between 11am and 12pm.