Euler Hermes ACI

The IMA has entered into a partnership with IMA member Euler Hermes ACI – the largest credit insurance company in the world with over 116 years of experience insuring businesses from non-payment of commercial trade debts. This affiliation provides IMA members access to all of the many valuable products and services that Euler Hermes ACI offers many top businesses throughout the country.

In this challenging economic environment, many companies are facing constrained business conditions and tough times ahead. The Administrative Office of the U.S. Courts reports that the number of bankruptcy filings has increased at an average rate of 42 percent over the past five quarters (seven percent more in January 2010 as compared to January 2009) - and may get worse!! Typically, bankruptcy numbers will not improve until 12-18 months after a recovering economy. There is little doubt as to what is driving these numbers: uncertainty about federal policies, weak consumer spending, a deteriorating job market and a tightening credit environment.

Now is the perfect time to investigate trade credit insurance and take a proactive approach to develop a prudent risk management strategy that enables you to avoid losses. A business will choose credit insurance for four basic reasons:

• To protect against catastrophic bad debt losses – domestic and international


• To promote sales expansion


• To improve bank financing


• To strengthen and streamline credit functions

Most of Euler Hermes ACI’s clients find that the value of the above benefits greatly exceeds the premium, which tends to be less than a third of one percent of their covered sales. Please contact Mike Dodson of Euler Hermes ACI at 317-815-5818 or 317-698-7162, or via email at Michael.dodson@eulerhermes.com or have your local independent agent contact Mike for more information. You may also find more information about Euler Hermes on the IMA website by accessing this link Euler Hermes ACI 2010.

Should you have questions of a general nature about Euler Hermes ACI, you may contact Jeff Goodwin of the IMA at 317-713-5936 or via email at jgoodwin@imaweb.com.

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