The Brexit vote came at a time when total trade credit premiums declined for the first time in several years and claims reached their highest level since the global financial crisis

The financial crisis proved to be a tipping point for the trade credit insurance industry, prompting the sector to implement changes in an attempt to win back customers and to change credit management practices for the better

The levels of UK exports are up but the risks of trading overseas are also on the rise, with many businesses opting to take the risk on to their own balance sheet