Episode 51: The Risk Mitigation and Growth Opportunity of Receivables Insurance
Could your business survive if suddenly a customer or customers were unable to pay you? How would you pay your suppliers, your staff and your expenses if you didn’t get paid? Receivables can make up as much as 40% of a company’s assets which is significant exposure. This week on the Make It Right podcast we look at Receivables Insurance, also known as Trade Credit Insurance, to understand how it protects what is probably the largest asset on your balance sheet and how it can be used as a tool for growth. Janet’s guest is Kent Paisley, Senior Vice President, Accounts Receivable Insurance in the Global Crisis Management Division at Allied World Specialty Insurance Company.