Use Reinsurance to protect your export against loss
What we offer
Requirements for your business
What is Reinsurance?
EKF offers to reinsure export credits provided by private credit insurance companies to Danish companies. The purpose of the agreement is to make private credit insurance companies less risk-averse.
Under the agreement, risk is shared between you, your private credit insurance company and EKF. But in most cases, EKF assumes the majority of the risk.
There are two types of Reinsurance: Quota Share cover, where EKF covers most of the risk on the buyer, and Top Up cover, where EKF can double the limit granted by the credit insurance company.
That way, you can protect your exports from loss, while at the same time focusing on succeeding in the export markets.
How to get your credit insurance company to say yes
Your private credit insurance company rejects your claim
You have applied for risk coverage on a borrower, but your claim was partially or fully rejected.
You contact your private credit insurance company
You ask your private credit insurance company about the possibility of joining EKF's reinsurance scheme.
The credit insurance company runs a credit rating check on the buyer
The credit insurance company assesses the customer's credit rating and the political risk in the customer's country.
Approval
If the insurance is approved the credit insurance company issues a new offer.
Coverage
Now you can provide cover to your buyers.
