Marsh Credit Plus

We’re pleased to introduce Marsh Credit Plus — a purpose-built trade credit insurance solution for small and medium businesses that want to protect receivables, stabilise cash flow and support responsible growth. Below is a short update on why this matters for recruitment firms, what the cover includes, and how it can strengthen relationships with funders.

Why recruitment firms need trade credit insurance

• Payment risk and concentration: Recruitment businesses often trade on credit with a small number of large clients. Late payments or a single bad debtor can damage margins and working capital. Credit insurance transfers that non‑payment risk to an insurer so you can trade with confidence.
• Cash flow predictability: Insured receivables improve cash-flow visibility, reduce collection time and make planning and payroll more secure — essential in a sector with tight margins and seasonal demand.
• Growth without compromise: Knowing your sales are protected lets you pursue new accounts or increase exposure to existing clients without jeopardizing balance-sheet stability.
• Stronger funding conversations: Lenders and invoice financiers view insured receivables more favourably. A policy can unlock better financing terms or higher advance rates because the asset (the receivable) is secured by insurance.

How Marsh Credit Plus helps recruitment businesses

Marsh Credit Plus is designed for SMEs (insurable turnover up to £15m) and delivers features that align with the specific needs of recruitment firms:

• Competitive, fixed annual premium: Predictable pricing and flexible payment options (monthly or quarterly) help smooth costs across the year.
• Preferential placement facility: Marsh negotiates pricing through a placement facility aimed to be more competitive than standard market options — helping reduce premium cost for members.
• Inclusive collections service: Debt collection may be included at no extra cost, saving you time and improving recovery rates without additional administration.
• Quick claims handling and reduced admin: Faster turnaround on claims and simplified administration means less distraction from running your business.
• Discretionary credit limit (£10,000 standard) and three months’ binding orders cover: Immediate protection options that support continuity when client limits change.
• Political risk cover for exports and online portal access: Manage limits and claims easily via underwriter portals; exports are covered for political risk as standard.
• Policy flexibility: Endorsements such as work‑in‑progress or contracting cover can be added where relevant to recruitment assignments.

Why funders value credit insurance

• Security for receivables: Insured invoices are lower risk collateral. Lenders can feel more confident advancing funds, and you may achieve improved advance rates or lower finance costs as a result.
• Lower operational risk: With professional claims handling and collections included, funders face less recovery uncertainty and administrative burden.
• Demonstrates robust risk management: A formal insurance policy signals to funders that you actively manage debtor risk — an important governance indicator.

Practical recruitment-sector benefits

• Protect margin on large placements: A single unpaid invoice for a senior placement can be disproportionate. Insurance limits the impact.
• Smooth seasonal staffing: Temporary spikes in headcount or billing won’t create crippling cash-flow gaps.
• Support for international clients: If you invoice overseas clients, the included political risk element and export support help you trade more confidently.

Next steps

If you’d like a short, no‑obligation conversation about how Marsh Credit Plus could work for your business or your portfolio clients, Marsh can provide a tailored briefing and indicative pricing.

Fill out our short form to arrange a call or request more information.

Marsh Credit Plus is underwritten by market-leading insurers and supported by Marsh’s policy servicing, day-to-day support, and broker expertise — giving REC members the combined benefit of scale, competitive pricing and practical claims and collections support.

Contact:

Rob Butler
Head of Sales, Trade Credit
Credit Specialties, Marsh Risk
robert.butler@marsh.com