Qian launches Trade Credit Insurance Policy in India 1
Qian is a reputable company that offers insurance products to businesses in India.

Qian Insurance Broking is pleased to announce the launch of a new trade credit insurance policy offering in India. A Trade Credit Insurance Policy protects business from Credit Losses due to delayed payments or defaults by buyers for goods and services received from the sellers. Qian has partnered with ICICI Lombard General Insurance Company and Coface, a worldwide provider of Trade Credit Insurance. A Trade Credit Insurance Policy is also known as Accounts Receivable Insurance or Bad Debts Insurance.

In response to a query regarding Trade Credit Insurance Policy, Umang Shah, Co-Founder, Qian Insurance Broking said, “We expect the volumes of Trade Credit Insurance Policy to grow in India as it is an effective method of managing cash flows. Companies can use a Trade Credit Insurance Policy to secure their credit receivables and speed up their cash conversion cycle. A Trade Credit Insurance Policy in India  also enables sales to new customers as well as new geographies as the Trade Credit Insurance Company provides complete information on the credit worthiness of the buyer.”

A Trade Credit Insurance Policy in India usually covers 3 types of Risks:

Protracted Default: If the buyer fails to make payment to the seller beyond a specified time period, the seller can file a claim with the Trade Credit Insurance Company in India under Protracted Default.

Bankruptcy: A Trade Credit Insurance Company will reimburse the seller for bad debts in case the buyer declares bankruptcy and is unable to fulfill his obligations to the seller.

Political Risk: Sometimes there maybe events which may be beyond the buyer’s control, such as wars or earthquakes or currency shortage as a result of which the buyer may be unable to send payment from one country to the seller’s country. Trade Credit Insurance Coverage includes cover for such Political Risks as well.

The best security for your receivables is a Trade Credit Insurance Policy and Qian is an experienced Trade Credit Insurance Broker with proven expertise in offering the best trade credit insurance solutions in the Indian market.

A Credit Insurance Policy allows the seller to transfer the credit risk of the buyer to the Trade Credit Insurance Company. Companies looking to buy a trade credit insurance policy in India should consider Qian as their top choice.

Qian Insurance Broking is India’s leading Insurance Broker and it established its first office in India in 2016. In a short period of time Qian became a leading broker for Commercial General Liability Insurance Policy, Directors & Officers Liability Insurance Policy, Cyber Liability Insurance Policy and Credit Insurance Policy.

Through risk consultancy that combines both expertise and cutting-edge technology, Qian is committed to helping its clients with comprehensive insurance solutions to adequately cover their risk exposures.

Qian has recently announced the launch of Commercial General Liability Insurance Policy in India to provide their clients for claims of bodily injury and property damage. It is more crucial than ever for businesses to have a comprehensive CGL Insurance Policy, given the rise in number of lawsuits in India. Commercial General Liability Insurance Policy from Qian can be tailored to each company’s unique requirements. Businesses that are looking to buy commercial general liability insurance in India should visit Qian’s official website for more details.

About Qian Insurance Broking LLP

Qian is a leading insurance broker for Trade Credit Insurance Policy and Commercial General Liability Insurance Policy in India with experience of serving clients across various industries. Qian can assure its clients of comprehensive coverage for Commercial General Liability Insurance Policy at competitive premiums. If you wish to know the commercial general liability insurance cost in India, you can consider booking an appointment with Qian.

Contact Info.

Qian Insurance Broking LLP 

125 C, Mittal Court,

12th Floor, opposite Inox Cinema,

Nariman Point, Mumbai, Maharashtra 400021

Telephone– +91 22 22044989

Mail– insurance@qian.co.in

Website– https://www.qian.co.in/

Media Contact
Company Name: Qian
Email: Send Email
Phone: +91 22 22044989
Address:125-C, Mittai Court, Opposite Inox Cinema, Nariman Point
City: Mumbai
State: Maharashtra 400021
Country: India
Website: https://www.qian.co.in/

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