Configurator — Free Risk AuditA customer doesn't pay. Your cash flow stays intact.
Trade credit insurance protects your company from financial loss if a customer doesn't pay an invoice, whether due to insolvency or prolonged payment default. We run a free, no-obligation audit of your risk — the results are yours whether or not you decide to insure.
An audit first, no pressure to buy
Before we recommend a specific solution, we do these three things for free and without obligation. Only then do you decide whether — and with whom — to take out insurance.
Risk audit
We review your customer base and flag where you're most exposed without insurance today.
Customer check
We check the creditworthiness of your key customers and tell you where payment risk is real.
Indicative price estimate
Based on your turnover and industry, we give you a rough cost estimate within a few days.
The audit results are yours to keep, even if you decide not to take out insurance.
Get a free auditA quick estimate of your portfolio's risk
Click through a few questions about your business and get an instant, indicative risk estimate plus a recommended next step. We only build the exact audit after analysing your actual customers.
Answer at least one question in every category so we can calculate an indicative estimate.
An invoice is just a promise. Not everyone keeps it.
An unpaid receivable from a customer is one of the most common triggers of secondary insolvency — you meet your own obligations, but the money you were counting on simply doesn't arrive. The bigger the share of turnover held by a few key customers, the harder one failure hits.
A few customers, a large share of revenue
One large customer failing can destabilise your cash flow for months.
A foreign company's creditworthiness is hard to verify
Information that's readily available on the domestic market is often missing for foreign customers.
Receivables as collateral
Companies financing operations through factoring or a receivables-backed loan carry the risk twice — with the customer and with the financing bank.
How trade credit insurance works
The insurer sets a credit limit for each of your customers based on their creditworthiness. If a customer fails to pay within that limit — whether due to insolvency or after the waiting period for a simple default — the insurer pays out the agreed share of the loss.
Credit limit
The insurer assesses the customer's creditworthiness and sets the amount up to which the receivable is covered.
›Premium
You pay a percentage of your insured turnover — the rate reflects industry, territory and claims history.
›Claim event
The customer doesn't pay within the limit — you report the claim, and we help document and negotiate it.
›Payout
The insurer pays out the agreed share of the receivable, less the agreed retention.
An independent comparison, not one insurer's offer
An insurer you approach directly will only offer you its own product. As an intermediary, we run a free audit of your risk and compare terms across the market before you decide anything.
| Direct with an insurer | Through Credigo | |
|---|---|---|
| Offers to compare | Just one insurer | Comparison across available insurers |
| Negotiating terms | Standard pricing | Individually negotiated limits and rate |
| Claims support | Direct communication with the insurer | We advise how to document and pursue a claim |
| Cost to client | — | No extra cost — the fee is paid by the insurer |
Trade credit insurers on the Czech market
How working together works
No-obligation inquiry
You fill in basic details about your turnover, industry and customer structure.
Portfolio analysis
We review the risk profile of individual customers and set the parameters for the insurer inquiry.
Inquiry with insurers
We approach relevant insurers on the market and request specific offers.
Comparison and recommendation
We compare offers by limits, rate and retention and recommend the solution that fits your situation.
When trade credit insurance makes sense
It's especially suitable where an unpaid invoice could seriously threaten the business.
Exporters selling on invoice to customers whose creditworthiness is hard to verify on your own.
Manufacturing and distribution companies with wholesale sales on deferred payment terms.
Companies whose turnover is concentrated among a small number of key customers.
Companies financing operations through factoring or a receivables-backed loan.
Growing companies expanding into new domestic or foreign markets.
Companies that don't yet manage customer risk systematically and rely on luck.
Frequently asked questions
Which companies need trade credit insurance?
It's most valuable for companies selling B2B on invoice with deferred payment — exporters, manufacturing and distribution companies, or companies whose turnover is concentrated among a few key customers. See the "Who it's for" section above.
When is it worth insuring your invoices?
Especially when you're entering a new or foreign market and can't verify a customer's creditworthiness yourself, or when receivables serve as collateral for a bank or factoring company.
How does the customer limit work?
The insurer continuously assesses the creditworthiness of each of your customers and sets the maximum amount up to which the receivable is covered. The limit can change over time as creditworthiness changes — we let you know promptly about any reduction or cancellation so you can adjust your trading terms.
How much does trade credit insurance cost?
The price depends on insured turnover, industry, customer territory and claims history. We always put together a comparison of specific offers first, before any number is set.
Do I have to insure all of my customers?
Most products require insuring the whole turnover or a clearly defined segment — otherwise you could insure only the risky customers, which insurers generally don't allow.
Does it cover a situation where a customer simply isn't paying but isn't insolvent?
Yes, standard products cover prolonged default as well as insolvency, once the agreed waiting period has passed.
How much do your services as an intermediary cost?
The intermediary's fee is normally paid by the insurer out of the premium. Clients typically pay nothing extra for our work.
How long does the free risk audit take?
You usually get an indicative audit result within a few business days.
No-obligation inquiry
Send us a few basic details about your company and we'll get back to you with next steps.
Credigo
Trade credit insurance configurator — free risk audit