Did you know July 18 is also known as Insurance Nerd Day and has been celebrated annually on July 18 since 2016?
Insurance Nerd Day was first started by Pioneer Mutual Insurance Company in 2016. The idea was to celebrate their employees and to highlight that the insurance industry wasn’t “boring”. This was an attempt to attract younger professionals into the industry and have them continue spreading the message to their peers through social media and other channels utilized by younger professionals.
Insurance comes in many different forms, common ones include:
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- Life
- Health
- Auto
- Home
If you are a business exporting your goods and services, Export Credit Insurance is one that should be on your list too. Export Credit Insurance may not be the most exciting topic to discuss, however it’s a very important tool to have in your exporter’s toolbox.
What is Export Credit Insurance?
Export Credit Insurance is a type of insurance that protects your foreign account receivables from the risk of non-payment, it can be used as a sales tool to provide credit to your international buyers, and help you stay competitive against your competition.
If you are interested in learning more about Export Credit Insurance and how it can help your exports, we would encourage you to request a free consultation from one of our regional directors. These regional directors meet with U.S. exporters to discuss ways EXIM can help their businesses grow and create jobs through exporting.
