hermes syntesys | euler hermes polski

The name "Hermes Syntesys" may not immediately ring a bell for everyone, but the legacy and expertise behind it are deeply rooted in the globally recognized entity known for decades as Euler Hermes. This article delves into the connection between Hermes Syntesys and Allianz Trade (formerly Euler Hermes), exploring the comprehensive suite of solutions offered, from trade credit insurance and surety bonds to economic insights, while addressing common questions and concerns. We'll also touch upon key regional presences like Euler Hermes Australia and Euler Hermes Polski, and address frequently asked questions about the transition.

The Essence of Hermes Syntesys: Allianz Trade, Your Trusted Partner

At its core, Hermes Syntesys represents the continuous commitment of Allianz Trade to providing world-class trade credit insurance, surety solutions, and economic intelligence. The name itself suggests a synthesis, a bringing together of various elements to create a comprehensive and robust solution. While the Euler Hermes name has evolved to Allianz Trade, the underlying principles, expertise, and dedication to protecting businesses from the risks of non-payment remain steadfast.

Think of Hermes Syntesys as the embodiment of the continuity and evolution of a trusted partner. It signifies the ongoing commitment to innovation and providing businesses with the tools they need to navigate the complexities of the global marketplace. Allianz Trade, the operational reality behind the essence of Hermes Syntesys, continues to build on the foundation laid by Euler Hermes, leveraging its extensive global network and decades of experience to offer unparalleled support to businesses of all sizes.

Understanding Trade Credit Insurance: Protecting Your Bottom Line

Trade credit insurance, the cornerstone of Allianz Trade's (formerly Euler Hermes) offerings, is a vital tool for businesses engaged in selling goods or services on credit terms. It protects companies from the risk of non-payment by their customers due to insolvency, protracted default, or political risks.

Here's how it works:

* Policy Coverage: A trade credit insurance policy covers a portion of the outstanding invoices owed to a business by its customers. The coverage percentage typically ranges from 75% to 95%, depending on the policy terms and the assessed risk of the buyer.

* Risk Assessment: Allianz Trade (formerly Euler Hermes) conducts thorough risk assessments of buyers, leveraging its extensive database and economic intelligence to determine their creditworthiness. This assessment helps businesses make informed decisions about extending credit to specific customers.

* Debt Collection: In the event of non-payment, Allianz Trade (formerly Euler Hermes) actively pursues debt collection efforts, utilizing its global network and legal expertise to recover outstanding debts.

* Claims Payment: If debt collection efforts are unsuccessful, Allianz Trade (formerly Euler Hermes) will pay the insured portion of the outstanding debt, providing crucial financial protection for the business.hermes syntesys

Benefits of Trade Credit Insurance:

* Reduced Risk: Trade credit insurance mitigates the risk of bad debt losses, protecting a company's cash flow and profitability.

* Increased Sales: By insuring accounts receivable, businesses can confidently extend credit to new and existing customers, potentially increasing sales and market share.

* Improved Access to Financing: Trade credit insurance can enhance a company's creditworthiness, making it easier to secure financing from banks and other lenders.

* Enhanced Credit Management: Allianz Trade's (formerly Euler Hermes) risk assessments and monitoring provide valuable insights into the financial health of customers, enabling businesses to make more informed credit management decisions.

* Peace of Mind: Knowing that accounts receivable are protected provides peace of mind, allowing businesses to focus on growth and innovation.

Surety Bonds: Guaranteeing Performance and Compliance

Beyond trade credit insurance, Allianz Trade (formerly Euler Hermes) offers a comprehensive range of surety bonds, which provide guarantees of performance and compliance in various industries.

Surety bonds are three-party agreements that involve a principal (the party required to obtain the bond), an obligee (the party requiring the bond), and a surety (Allianz Trade, formerly Euler Hermes). The surety guarantees that the principal will fulfill its obligations to the obligee. If the principal fails to do so, the obligee can file a claim against the bond, and the surety will compensate the obligee for the loss.

Types of Surety Bonds:

* Contract Bonds: These bonds guarantee the performance of construction contracts, ensuring that contractors complete projects according to the terms of the agreement.

* Commercial Bonds: These bonds cover a wide range of obligations, including license and permit bonds, payment bonds, and performance bonds.

* Judicial Bonds: These bonds are required by courts in legal proceedings, such as appeal bonds, injunction bonds, and fiduciary bonds.

Benefits of Surety Bonds:

* Reduced Risk for Obligees: Surety bonds provide financial protection for obligees in the event that a principal fails to fulfill its obligations.

* Increased Trust and Confidence: Surety bonds demonstrate a principal's commitment to fulfilling its obligations, increasing trust and confidence among stakeholders.

* Compliance with Regulations: Many industries require surety bonds to ensure compliance with regulations and protect the public interest.

* Access to Opportunities: Surety bonds can be a prerequisite for bidding on certain contracts or obtaining certain licenses and permits.

Economic Intelligence: Navigating the Global Landscape

Allianz Trade (formerly Euler Hermes) is renowned for its economic intelligence and risk assessments, providing businesses with valuable insights into the global economic landscape. This information helps companies make informed decisions about international trade, investment, and expansion.