Credendo is a European trade credit insurance group that provides customised solutions for insurance, reinsurance, guarantees, surety and financing related to domestic and international trade transactions or investments abroad. The group protects companies, banks and insurance undertakings against credit and political risks or facilitates the financing of such transactions.
Among the solutions we offer:
> Credendo – Short-Term Non-EU Risks offers whole turnover short-term credit insurance. It provides flexible insurance policies with approved credit limits and a risk period of less than 2 years, worldwide, even in complex risk environments;
> Credendo – Single Risk covers single contract or single buyer risks up to 7 years in more than 160 countries;
> Credendo – Excess & Surety:
– covers exceptional and unforeseeable risks involving clients’ turnover receivables that could endanger their financial health, while the clients stay in charge of their credit management (excess of loss);
– adds capacity to the credit limits of a short-term trade credit insurance policy (top-up cover);
– issues contractual and legal bonds (surety).
Although the name Credendo is relatively recent, our group has a long history. Our story began in 1921 when Delcredere | Ducroire, the Belgian export credit agency, was founded. In recent years the group experienced some far-reaching changes, developing from a traditional export credit agency into an international player. Today we are a European credit insurance group that is present across the continent. We are active in all segments of credit insurance, offering a range of products that provide cover worldwide.
Group Executive Committee
Dirk Terweduwe, Chief Executive Officer and Chairman
Frank Vanwingh, Deputy Chief Executive Officer
Nabil Jijakli, Deputy Chief Executive Officer
Credendo – Short-Term Non-EU Risks: Stefaan Van Boxstael
Credendo – Single Risk: Michael Frank
Credendo – Excess & Surety: Eckhard Horst
Marijke Van Gucht
Rue Montoyerstraat 3
Phone +32 2 788 85 02