XL credit insurance
Insure up to £2.5 million against insolvency in a flexible policy lasting between 30 days and 12 months
Complete the quick form and we’ll quote within 48 hours
XL credit insurance is perfect for your business if...
You would like to insure a debtor with a balance between £500,000 and £2,500,000 of credit for a period of between 30 days and 12 months
You are getting bigger orders and taking on the risk of non-payment at this scale
isn’t an option
You would like to extend a bigger credit line to one or more of your customers but want to give your business some protection
What’s included in XL credit insurance?
Invoice risk is priced on leading algorithms, data sources and real-time market trends
Late payment recovery
Our collections experts can help you get paid faster, while protecting your trading relationship
Fast quote & purchase process
We aim to get your quote over within 48 hrs and the process to purchase cover is quick and easy
Protection for 12 months
Cover for up to a year. You only pay for the insurance coverage needed
Rapid claims processing
We pay every valid claim and aim to do so within 30 days to avoid interrupting your cash flow
We’re here for you and your business throughout business hours via phone, email and live chat
Access to a Risk Underwriter
Your dedicated Risk Underwriter is on hand to answer questions and support any claims
How to get XL credit insurance
“We currently have our largest order book in our history”
“Nimbla has enabled us to accept larger tooling orders and opens up the opportunity to win further projects of this scale.
We currently have our largest order book in our history – thanks to Nimbla supporting us.”
– Cube Precision
Got a question?
We pride ourselves on paying every valid claim and aim to do so within 30 days to avoid interrupting your cash flow.
We look for the story behind the numbers. We use our industry-leading algorithm to perform real-time customer checks, meaning we can be more flexible with our credit limits.
We use our cutting-edge tech to calculate the price based on your customer’s credit rating and past payment behaviour, the value of the invoice(s) and the length of the payment terms.