The International Credit Insurance & Surety Association (ICISA) brings together the world's leading companies that provide trade credit insurance and/or surety bonds.
Founded in 1928 as the first trade credit insurance association, the current members account for over 95% of the world's private credit insurance business. Surety companies became members of the association from the 1950s. Today, with over USD 2.7 trillion in trade receivables insured and billions of dollars worth of construction, services and infrastructure guaranteed, ICISA members play a central role in facilitating trade and economic development on all five continents and practically every country in the world.
ICISA promotes sustained technical excellence, industry innovation and product integrity, as well as solves business problems generated by legislation. It represents the interests of its members by facilitating an open exchange of information and ideas, while representing the interests of the trade credit insurance and surety bonding industries to international governmental, supervisory and regulatory bodies. ICISA plays a vital role advising and educating international and multinational authorities and organisations on issues related to credit insurance and surety bonds.
An overview of issues addressed:
* Promoting sustained technical excellence, innovation and product integrity
* Promoting sustained quality management
* Advising international and multi-national authorities
* Structural initiatives