| Traditionally, a high
proportion of importers, merchants and joinery product manufacturers
insure their receivables on a whole turnover basis, although some
companies do not insure as they want a more tailored approach to
their risks and cannot get what they want from the insurer market. IRC Europe set up a facility for a large manufacturer who had never insured any of its ledgers. Typically its customer mix was both large, less risky companies as well as smaller, under-capitalised privately owned limited and unlimited businesses. A policy was put in place to insure the latter and exclude the former, much to the relief of the new client. |
 "IRC Europe recently set up a facility for a larger manufacturer who had never insured any of its ledgers" |