Atradius ANZ Managing Director, Mark Hoppe, was featured in an article on Insurance Business Online discussing the rising number of insolvencies and key sectors affected.
From January to May this year, there were 3634 insolvencies, according to ASIC data, with construction topping the ladder with 625, accommodation and food industries followed with 316 insolvencies with retail rounding out the podium at 273.
Read the article on the Insurance Business Online website:
http://www.insurancebusinessonline.com.au/au/news/breaking-news/insolvency-bump-opens-doors-in-key-sectors-220578.aspx
Atradius provides trade credit insurance, surety and collections services worldwide through a strategic presence in 50 countries. Atradius has access to credit information on 200 million companies worldwide. Its credit insurance, bonding and collections products help protect companies throughout the world from payment risks associated with selling products and services on trade credit. Atradius forms part of Grupo Catalana Occidente (GCO.MC), one of the leading insurers in Spain and worldwide in credit insurance.
www.linkedin.com/company/atradius-australia
For Further Information:
Atradius Corporate Communications Oceania
Lara Morrow
Tel.: +61 2 9201 2249
E-mail: lara.morrow@atradius.com