Equinox Global, the Lloyd’s cover holder specialising in trade credit insurance, has launched a new credit insurance policy, Equinox Complete.
The product offers all the advantages of a traditional whole-turnover credit insurance policy with credit limit service but with the added benefit of non-cancellable limits for up to 12 months.
Equinox said it developed Equinox Complete in response to customer demand for increased certainty, transparency and a policy structure with no deductible. The policy is targeted at mid-size to large companies with a good loss history and who are looking for a credit limit service.
“Equinox has developed this new product to meet the needs of our clients as they face an uncertain economic environment,” said Mike Holley, chief executive officer of Equinox Global.
“The Equinox Complete product, with its non-cancellable limits, delivers improved certainty of cover, allowing clients to take up the best business opportunities available with the certainty that should the worst happen they have effective cover in place.”