Accounts Receivable Insurance

Protect your receivables from losses resulting from payment defaults, insolvency or repudiation by your buyers.

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Political Risk Insurance

Protect your overseas assets from losses resulting from currency inconvertibility, breach of contracts, asset expropriations or confiscation, and war and civil unrest.

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What people are saying…

Recently we appointed GCRM as our insurance broker to negotiate our EDC policy renewal. Historically, we were conducting the renewal negotiation ourselves. GCRM spent the time to understand our business and our objectives which enabled them to do a fantastic job on our renewal. GCRM negotiated a significant premium rate reduction for us and added endorsements to broaden our coverage and modified our policy structure to reduce the administration time associated with our monthly reporting. We are very pleased with the changes and believe this outcome will strengthen our relationship with both EDC and GCRM.

Carrie Lane
Controller, Seven Continents Corporation (Toronto, ON)

After assigning GCRM as our broker on our credit insurance policy they took the time to review our needs and understand the challenges our business was facing. They provided us with a new structure that met our needs and reduced our premium significantly without affecting our financing with our bank.

Dave Bedard
Woodstock Forest Products Inc. (Winnipeg, Manitoba)

Our thoughts…

EDC “Pull” Strategy

Often Canadian exporters don’t have the size or international visibility to be considered in the procurement plans of large international companies or key … »

EDC Policy Changes

EDC has recently introduced a new policy and underwriting management system for their pure export clients (ie clients that do not insure any domestic business). … »

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