Our Media Policy is designed around the specific and often unique risk management needs of the media and marketing communications industry.
What can the Atradius Media Policy do for your business?
Whether you’re a major media owner or a small specialist design business, the impact of suddenly being exposed to bad debt could be devastating and can take even large organisations to the brink by starving them of vital funds.
This is where the value of our credit insurance ‘Media Policy’ pays off, by providing risk management solutions and dedicated protection when you need it most.
How does it work?
The media, creative and marketing communications industries are firmly focused on building business and sales opportunities for clients.
Sometimes, however, even the best campaigns can’t prevent a client’s business from becoming insolvent, leaving you with an unexpected debt and extra problems with cash flow.
For agencies, this issue can be even more acute, where media and supplier bills still need to be paid for bookings committed on behalf of the failed business.
Your Atradius Media Policy will help protect your business from losses and bad debt that may be caused by the failure of a customer to pay. It is designed to enable your business to trade with confidence and explore new markets or products, knowing that you’re protected against credit risk. Credit insurance from Atradius can complement your own internal risk management process.
- Protects your business from the risk of financial losses caused when any of your clients become insolvent and can’t pay your billings
- Ensuring you receive up to 90% of the invoice value owed to you
- Not only covers services invoiced, but also the value of work in progress, cover for management fees and any non-cancellable forward media commitments
- The policy can cover both domestic and overseas businesses as well as pre agreed political risks.
Is this the right product for your business?
In a sector where creativity, results and value for money dominate, our Media Policy enables you to focus on your business and meeting your client’s objectives, while removing the worry about whether they will be able to pay you.
If you’ve already had a client fail, leaving you with unpaid invoices, then you’ll probably want to avoid experiencing the same pain and business disruption again.
Even if you haven’t, in such a volatile business environment, the risks are always present. That’s where credit insurance from Atradius, also known as debtor insurance, can come in handy. Now is the time to review your current risk management process and see where your business could be at risk. If you would like to find out more on how credit insurance can help reduce your bad debt, drop as an email or give us a call, we would be happy to discuss your business needs.