Writing on LinkedIn, Brent Stefiuk, VP Credit Risk Solutions at ATRAFIN and founder of Taku Risk Advisors, says trade credit insurance has existed since 1883 but remains unfamiliar to many US businesses. He notes that the product expanded in Europe after the Great Depression and later became part of the global trade infrastructure. Brent says the market is now worth about US$13 billion and could grow towards US$30 billion by 2035, but only around 13% of global shipments are covered. He argues that the current market offers strong capacity and competitive pricing, although rising insolvencies and corporate bankruptcies could tighten conditions. To read Brent’s LinkedIn post, go to https://www.linkedin.com/pulse/trade-credit-insurance-has-been-around-since-1883-so-why-stefiuk-gigqc/.
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