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The credit insurance market has been protecting companies across the world against the fundamental threat of non-payment and political risk for decades. However, the industry is in an enormous process of change, accelerated by globalization, digitalization, war for talent, new requirements of clients and of course by the Covid-19 crisis.

My personal blog tries to introduce opinions of industry leaders from different market participants, give clients, as well as emerging talents a voice, explain developments in the industry and promote the still fantastic added values of our common product.

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New Posts

How AI Agents Are Revolutionizing Credit Insurance for Corporations

Credit insurance has long been a valuable tool for companies to protect themselves against payment defaults and manage risk. Yet, for many corporations, especially multinational ones, the complexity and administrative burden of managing a credit insurance policy remain significant barriers to adoption. AI agents are now poised to change this dynamic. By automating the most…

Credit Insurance: The U.S. Election and Its Impact on Geopolitical, Economic, and Corporate Credit Risks (for European Companies)

The recent U.S. election has brought Donald Trump back into the political spotlight. While his likely victory remains narrow (https://www.nytimes.com/live/2024/11/06/us/trump-election-harris-news), the prospect of a second Trump administration signals significant geopolitical and economic shifts. For European companies and multinational corporations (MNCs), reassessing risks—especially credit risks—will be paramount. How can businesses adapt and maintain a positive outlook?…

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Burkhard Wittgen has published his personal blog “worldofcreditinsurance” in 2021. He is 34 years old and living in Hamburg, Germany. He started working in the credit insurance industry during the financial crisis in 2009. In his current role Burkhard is member of the executive board, at Aon Credit Solutions, the world’s largest credit insurance broker and risk advisor.

On the left, Burkhard with Rolf Klee, Head of Group Treasury at Klöckner & Co SE, on the right with Matthias Beck, Head of Risk Management at Adolf Würth GmbH & Co. KG and Wibke Kuhnert, Corporate Director Finance at Henkel AG & Co. KGaA.