Business Protection
Income protection aims to insure you should you become ill or injured and are suddenly unable to work.
Business Protection
Protecting Business Value, Cash Flow and Future Growth
Trade Credit Insurance
For many businesses, unpaid invoices represent one of the largest risks to profitability and cash flow. A single customer insolvency or significant bad debt can have serious consequences, particularly where businesses operate on tight margins or rely heavily on a small number of key customers.
Trade Credit Insurance protects businesses against losses arising from customer insolvency, financial failure, or prolonged non-payment of invoices.In addition to financial protection, Trade Credit Insurance provides valuable insight into customer creditworthiness, helping businesses make more informed trading decisions and identify potential concerns before they impact the business.
Understanding the Risks & Protection
Specialist protection designed to help businesses manage credit, trading and payment risks with greater confidence.
Risks Attached
- ✓ Customer insolvency
- ✓ Liquidation and administration events
- ✓ Protracted payment default
- ✓ Bad debt write-offs
- ✓ Customer concentration risk
- ✓ Overseas trading risks
- ✓ Political risks affecting export markets
Protection Can Include
- ✓ Whole turnover policies
- ✓ Key account protection
- ✓ Domestic trade protection
- ✓ Export trade protection
- ✓ Single buyer cover
- ✓ Political risk cover
- ✓ Credit monitoring and debtor intelligence
Insurance Backed Guarantees (IBGs)
Many contractors, installers, manufacturers, and specialist trades provide workmanship guarantees to customers following completion of a project. However, if the contractor ceases trading, the guarantee may become worthless.
Insurance Backed Guarantees provide customers with reassurance that their guarantee remains protected should the original contractor no longer be able to honour their obligations.IBGs are widely used throughout the construction, renewable energy, glazing, roofing, cladding, and home improvement sectors.
Supporting Your Success
Our specialist underwriting expertise and broker-focused approach help deliver tailored insurance solutions for the unique risks faced by steel erectors and structural steel contractors.
01
Trade Credit Insurance
For many businesses, unpaid invoices represent one of the largest risks to profitability and cash flow.
02
Insurance Backed Guarantees (IBGs)
Many contractors, installers, manufacturers, and specialist trades provide workmanship guarantees to customers following completion of a project.
03
Surety & Bonding Solutions
Many contracts require businesses to demonstrate financial strength and performance capability through the provision of bonds or guarantees.
04
Intellectual Property Protection
For many businesses, intellectual property represents one of their most valuable assets. Brands, designs, patents, trademarks, copyrights, software, and proprietary processes.
05
Warranty & Latent Defects Protection
Property owners, developers, funders, and purchasers increasingly seek protection against structural defects and workmanship issues that may not become apparent until years after project completion.
06
Shareholder Protection
The death, critical illness, or incapacity of a shareholder can create significant uncertainty regarding ownership, control, and the future direction of a business.
Surety & Bonding Solutions
Many contracts require businesses to demonstrate financial strength and performance capability through the provision of bonds or guarantees.
Surety solutions provide independent financial security to project owners, developers, employers, and principal contractors, helping businesses secure opportunities whilst preserving valuable working capital. Unlike traditional banking facilities, surety arrangements typically avoid the need for significant cash deposits or collateral.
Risks Attached:
- ✓ Failure to perform contractual obligations
- ✓ Non-completion of works
- ✓ Failure to rectify defects
- ✓ Advance payment exposures
- ✓ Contractual financial obligations
- ✓ Tender compliance requirements
Solutions may include:
- ✓ Performance Bonds
- ✓ Advance Payment Bonds
- ✓ Retention Bonds
- ✓ Maintenance Bonds
- ✓ Warranty Bonds
- ✓ Bid Bonds
- ✓ Customs and Financial Guarantees
Frequently Asked Questions?
Who is this insurance designed for?
Our solutions are tailored for steel erectors, structural steel contractors, fabricators, and related construction businesses.
Can you cover complex or high-risk projects?
Yes. We specialise in underwriting complex commercial risks and can provide tailored insurance solutions for challenging projects.
Do you work directly with businesses?
Our primary focus is supporting insurance brokers with specialist underwriting and expert guidance.
How can I request a quote?
Simply contact our team with your requirements, and we’ll provide a tailored insurance solution as quickly as possible.
Ready to Protect Your Steel Business?
Partner with EXUA for specialist underwriting and tailored insurance solutions designed to support steel erectors and structural steel professionals with confidence.