CREDIT THE LIFEBLOOD OF BUSINESS

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CREDIT THE LIFEBLOOD OF BUSINESS
Euler Hermes a vital partner for international
credit risk protection, commercial intelligence
and strong business growth. Helping South African
businesses to grow securely around the
world. How does it help you, the South African
broker? You have access to a global leader in
credit insurance through a local agent.
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• ABOUT EULER HERMES
• The global leader in Credit Insurance, with 35.7
  world market share.
• Market leader in UK with 36.9 market share.
• Presence in 49 countries.
• 56,000 clients worldwide.
• 40 million companies monitored daily.
• 2,012 billion consolidated turnover
• 800 billion of business transactions protected
  worldwide
• 25,000 credit limit requests received per day
• 5,900 staff members worldwide
• Part of the leading global insurer Allianz with
  101 billion turnover

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• HOW DOES IT HELP YOUR CLIENT?
• Insolvent customers create insolvent suppliers.
• In Europe, customers default has been shown to
  account for an astonishing
• ONE QUARTER of all business failures.
• Without the ability to trade on credit, most
  business simply would not happen
• AT ANY TIME, THE MONEY OWED BY YOUR CLIENTS
  CUSTOMER IS
• LIKELY TO BE THE LARGEST ASSET RISK ON THEIR
  BALANCE SHEET.

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Euler Hermes offers support for South African
business for exports to the UK and around the
world, helping to reduce costs, improve customer
service, and grow the business safely. Euler
Hermes is represented in South Africa by LSG
Insurance Services (Pty) Ltd and policies can be
written in either Sterling, Euro or US
Dollars. Euler Hermes helping business to
grow securely around the world.
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• Euler Hermes UK is a subsidiary of Euler Hermes,
  the worlds premier credit insurance
• Group with offices in 49 countries. We have
  networked information on 40 million
• businesses worldwide.
• Perceptions of trade receivables management is
  changing. No longer is it assumed to
• be the last line of defence to protect the
  balance sheet. It is now a fully supportive
• management tool, integral to the total cash flow
  management of every type of
• business.
• No longer confined to large corporations
  undertaking major transactions today the
• benefits can be incorporated into sales ledgers
  of thousands of businesses of every
• size.

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• FIVE KEY BENEFITS OF CREDIT INSURANCE TO
  STRENGTHEN YOUR EXPORT BUSINESS
• Effective Risk Management You get access to our
  unique information database on 40 million
  businesses
• world wide. This along with credit limit
  services can provide early warning that an
  existing or potential
• customer of years could be facing difficulty.
• Better Control of Cash Flow A key part of our
  service is access to a range of facilities for
  enhancing cash
• flow management, both before and after delivery.
• 3. Protection Against Bad Debt A Euler Hermes
  credit insurance policy can greatly reduce the
  cost of bad
• debt, covering your insured invoices should a
  customer default or political risk cause non
  payment.
• Fast, Accurate Targeting of Quality Customers
  We handle millions of credit limit requests each
  year.
• This means you can pursue trading opportunities
  promptly and confidentially
• Easier Access To Trade Finance You can obtain
  additional working capital when needed, secured
• against your insured receivables.

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• OUR EXPERTISE CAN MATURE YOUR BUSINESS..
• Solutions for your export needs
• There are Euler Hermes credit insurance policies
  to suit every exporter. We can cover your
  business
• to agreed maximum levels or across your entire
  export sales ledger. We can provide you with a
• simple, ready made product, or work alongside you
  in developing solutions for the most complex
• needs.
• Trade focus
• Recognising that every export market sector has
  its own characteristics, challenges and
• opportunities, we have established teams of
  analysts, underwriters and account handlers with
• extensive trade specific knowledge and
  experience.
• Wider scope
• Our comprehensive business information database
  is supported by-

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Covering against political risk As well as
protecting against commercial risk, if you export
goods and services, we can provide credit
insurance to cover against the political hazards
of inconvertibility, contract frustration,
contract cancellation and export or import
restrictions, which can be prevalent in overseas
markets. Simplicity All Euler Hermes products
are designed to be as straight forward as
possible, requiring the minimum of paperwork. Our
on-line system makes insurance policy
administration available on your desktop. This
saves you time costs and cuts response time
which gives you greater control. Peace of
mind You work hard to sustain your business and
achieve sales and profitability objectives. It is
your right to receive due payment for goods or
services supplied and to grow your business
without fear of bad debt. Euler Hermes has
products, people, resources and experience to
shield you from consequence of buyer
default. CREDIT INSURANCE ALLOWS YOU TO ENHANCE
YOUR OVERALL CREDIT MANAGEMENT OPERATION AND TO
ENABLE YOU TO TRADE WITH CONFIDENCE.
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If you require further information about any
aspect or our credit insurance services, please
contact our agent in South Africa LSG
Insurance Services (Pty) Ltd Unit 3, 33 Bell
Crescent Westlake Business Park Westlake,
7945 Cape Town Telephone 086 111
5140 Facsimile 086 111 5139 Email
info_at_lsginsurance.co.za Website
www.lsginsurance.co.za Authorised Financial
Services Provider License No. 10598
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For online access to the latest Euler Hermes
publications, press releases, brochures and
details about the Euler Hermes Group Please
visit our website on www.eulerhermes.com
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