UAE Business: Etihad Credit Insurance partners with Tradeling on risk protection – Gulf Digital News

UAE Business: Etihad Credit Insurance partners with Tradeling on risk protection – Gulf Digital News

Etihad Credit Insurance (ECI) will provide the hyper-growing eMarketplace, Tradeling’s customers a broad range of trade credit insurance solutions, protecting them against commercial and non-commercial risks.

 

For this, ECI, the UAE Federal export credit company, has signed a Memorandum of Understanding (MoU) with Tradeling.

 

Under the agreement, signed by Massimo Falcioni, CEO of ECI, and Marius Ciavola, CEO of Tradeling, the UAE’s Federal export credit company will provide Tradeling’s customers protection against risks arising from customers’ insolvency, protracted defaults as well as supply and political risks. It will also help them achieve growth on a global scale by providing a wide range of market intelligence and ease of access to international trade.

 

With ECI’s commercial and Shariah-compliant solutions, Tradeling’s customers will be insured for invoice discounting, which is a finance facility when a company’s unpaid invoices are used as collateral for a loan. 

 

In addition to ECI Islamic and SME Protect, other innovative trade credit insurance products will benefit small, mid-cap and large enterprises using Tradeling’s platform. ECI will also facilitate finance policies on a case-by-case basis according to the requirements of Tradeling’s customers.

 

On the other hand, Tradeling will conduct events in cooperation with ECI to provide valuation tips and information for its customers