Bolero for Insurers
Within the Guarantees sector there is an increasing demand from corporates to use a single, common solution for the management of all their trade finance instruments, regardless of which type of financial institution they are transacting with. Since the financial crisis of 2008, corporates have placed an increasing amount of their guarantee business with insurers in the form of Surety Bonds.
- Credit Insurers and Surety/Bond Issuers are increasingly active in this market and are positioning themselves as real alternatives to banks with very competitive instrument pricing.
- Bolero clients are proactively asking if they can connect to their insurance bond
provider through their Bolero applications
- Insurers live on Bolero today include; Euler Hermes, Zurich and Nationale Borg
Insurers wishing to find out more about becoming part of the Bolero community should click here.