Agricultural & Horticultural Credit Insurance Scheme

Agricultural & Horticultural Credit Insurance Scheme

Cover tailored to the agricultural, horticultural, and food sectors, providing financial protection from customer insolvency and non-payment.

Speak to us:  01223 324233

Credit insurance will protect against the insolvency of/refusal to pay by your customers. Our scheme policy is exclusive to Alan Boswell Group customers and aimed at companies in the agricultural and horticultural industries, including those trading in fresh produce, herbs, flowers, dairy products, and livestock, among others.

The policy can be tailored to a company’s specific needs, whether the requirement is insurance for just a single customer, an entire ledger, or anything in between.

Why consider credit insurance?

Farming, horticulture and agriculture businesses are operating in an unusually volatile economic environment. Global uncertainty, rising input costs, and financial pressure across the supply chain have significantly increased the risk of non-payment when trading on credit.

Some of the risks to farming industry businesses include:

  • Global instability and supply chain disruption

  • Energy and fuel price volatility

  • Fertiliser and input cost inflation

  • Increased risk of customer insolvency

  • Export and overseas trading risk

  • Longer payment terms and cash flow pressure

Trade credit insurance allows you to make a claim if a customer fails to pay you for a reason covered by your policy, with policies covering up to 90% of your outstanding balances, helping you recoup losses with minimal impact on your business and ensuring long-term stability.

The Alan Boswell Group Difference

Since 1982 we’ve worked with businesses around the world to provide protection against a range of risks.

We specialise in arranging credit insurance. As such, we have longstanding relationships with leading underwriters and Lloyds of London, which allow us to tailor comprehensive policies that meet your unique needs.

Cover is simple to arrange and our specialist risk advisers will be on-hand throughout the whole process. From the initial fact-find, through quotation, binding and beyond, we’ll make sure you get the right protection.

Agricultural & horticultural credit insurance scheme

How our customers rate us

Since partnering with Alan Boswell Group over ten years ago, we have received excellent account management with a proactive approach using intuitive knowledge of our business.

Louise Nevard - Head of Credit, Midwich Group PLC.

Agricultural & horticultural credit insurance in detail

This insurance is specifically tailored to the needs of businesses in the agricultural and horticultural industries and includes:

90% cover

Typically pays out 90% of lost revenue, provided you hold an insured limit from the insurer.

Credit risk management

Strengthened credit control through professional risk assessment and monitoring.

Competitive premium

Typically 0.5% of your turnover.

Free debt collection service

Worldwide debt collections undertaken on your behalf (terms & conditions apply).

Available for United Kingdom and export business

Cover available for UK-based businesses that trade nationally and internationally.

Cover available for self-billing and consignment stock trade

Protection for the higher risks associated with unique inventory and invoicing arrangements.

Speedy claim settlement aiding cashflow

We handle claims for you via the insurer's portal.

Exclusive to Alan Boswell Group customers

Find out more about credit insurance and how it works.

Our agricultural and horticultural credit insurance scheme is backed by Atradius; one of the world's largest credit insurers with over 100 years' experience helping businesses of all types and sizes trade with confidence through tailored credit insurance.

FAQs

Get in touch

Whether you need a quote, have a general enquiry, want to register a claim, or want to talk it through over the phone, we're here to help.

Speak to us:  01223 324233
Laurence Hill
Laurence Hill

Head of Credit Insurance

Adrian Cooper

Account Executive

Karl Ferre
Karl Ferré

Account Executive

Hayley Martin-Hogg
Hayley Martin-Hogg

Senior Account Handler