ACREDIA – the credit insurer
Bad debt can have a major impact on a company’s finances. The sudden failure of a customer to pay its debt can put the creditor’s own business at risk. Credit insurance protects against that.
Why credit insurance?
You trust in your experience and deliver to your customer on open account. Suddenly – without warning – the customer stops paying. This loss of receivables rips a giant hole in your pocket that now substantially threatens your company.
This won’t happen if you have credit insurance. We support you in your receivables management with our market expertise, warn you of imminent dangers in time and provide indemnity if something goes wrong.
Particular advantages of the brands
|OeKB Versicherung||PRISMA Die Kreditversicherung|
|The premium partner.||The market leader.|
|Personal support.||The driving force on the market.|
|Policies automatically cover political risks, commercial payment default and recovery costs.||Local credit checks and monitoring thanks to the global network of the Euler Hermes Group.|
|Specialised in emerging country risks.||Particularly strong in the OECD countries.|
Brief Profile ACREDIA
|Owner||OeKB EH Beteiligungs- und Management AG, Vienna|
|Market Share Austria||54%|
|Company shareholders||51% Oesterreichische Kontrollbank AG|
49% Euler Hermes Aktiengesellschaft
|Locations||Vienna, Linz, Graz, Innsbruck, Belgrade|
|Share capital||EUR 6 million|
as of December 2016
|EUR 72.9 million|
|Balance sheet total as of December 2016||EUR 153.3 million|
|Number of employees as of December 2016||197|