Euler Hermes _PDF_ - Euler Hermes
Hermes, the French fashion brand, early in order to create a well-known senior horses in Paris, France, and after the introduction of the bags, clothing, scarves, perfume, enamel, jewelry and household goods, make the brand more comprehensive diversity. hermes is also the ancient Greeks called Mercury.
Euler Hermes Supporting companies’ profitable business all over the world 1 Euler Hermes in 2008 Our bisuness Mission and Vision Euler Hermes in Russia Mission – is to help companies grow their business worldwide through secured and optimised trade receivables management. Our philosophy – is to know our clients’ buyers as best as we can, thus getting an impression of their business and assessing the market they are active in. Our task – is the analysis of the financial position of our clients’ buyers and the specification of insurance conditions. 2 Euler Hermes in 2008 Agenda 1 Who we are 2 Our product offer 3 Euler Hermes in 2008 Shareholding (March 2007) Public 100% 97% 28.47 % 68.39% Reinsurance treaty 3.14% 4 Euler Hermes in 2008 Key Figures 2007 • 2.099,4 million euros consolidated • 40 million companies monitored turnover in 2007 in the risk databases •56,000 clients worldwide •22,000 credit limit requests per day •800 billion euros of business •In average, 80% of requests are transactions protected worldwide processed in 48h or less … … • Presence in 51 countries No. 1 worldwide in credit insurance, •6.004 employees worldwide 36% global market share 5 Euler Hermes in 2008 Euler Hermes Global Presence Euler Hermes presence Présence d’Euler Hermes 6 Euler Hermes in 2008 Our Business We insure the payment of trade receivables Our Business Our Business We offer an We help businesses insurance policy including to select three services: the right customers and Risk prevention move safely into new markets Debt collection Claims payment 7 Euler Hermes in 2008 Agenda 1 Who we are 2 Our product offer 8 Euler Hermes in 2008 Insurance object delivieries of goods / services We insure outstanding receivables of your Buyer Supplier / in case of non-payment and insolvency Policyholder Buyer performed on payment terms 9 Euler Hermes in 2008 Trade Credit Insurance Trade Credit Credits company Insurance Vendor 1 company company company company The credit insurance transfers the credit risk of the whole portfolio from your vendor to Portfolio of all trade credits Euler Hermes. 10 Euler Hermes in 2008 Confidential information Only a credit limit is reported to the vendor. company Vendor 1 company company company company The information given to Euler Hermes are strictly confidential and only go to Euler Hermes. 11 Euler Hermes in 2008 Insurance periods Credit Period for Waiting Period for Indemnity period notification period claim Maximum terms During 30 days During 180 During 30 days 80% of loss for of payment 120 in case non- days Domestic days. payment Debt collection Deductible 20% and subsequent of loss for preparation Domestic claims supporting documents 12 Euler Hermes in 2008 Credit limit Euro Credit Limit Standard case Outstanding receivables Time Euro Credit Limit Increase of Credit Limit Outstanding receivables Policyholder Time Euro Decrease of Credit Limit Credit Limit Outstanding receivables Time Euro Credit Limit Outstanding receivables Cancellation of Credit Limit for future deliveries Time 13 Euler Hermes in 2008 Information base EH > 40 mio. companies EULER HERMES-WORLD EH branches analysis 4 Sales staff Internal Information from Policyholder resource Information from Buyers of Policyholder Information agencies 3 Information Rating agencies Collecting agencies agencies 2 International ICISA – Partners Financial Institutes Organization Non-commercial organization Internet External ТV/Radio 1 resource Business reports Press releases 14 Euler Hermes in 2008 Credit analysis Level 1 Level 2 Level 3 Level 4 Collecting of Analysis of «Rating» Setting of credit Information Information limit Data base Credit > 40 mill. Grading companies Limit Credit Risk Manager 15 Euler Hermes in 2008 Credit analysis Level 1 Level 2 Level 3 Level 4 Documents Limit Time Financial statements Sum of confirmed limits Credit analysis < 48 hours General information about > 60% company The information given to Euler Hermes are strictly confidential and only go to Euler Hermes. 16 Euler Hermes in 2008 Additional insurance services delivery of goods / services performed on payment terms Supplier / Euler Hermes Policyholder checks, Buyer monitors, warns collects and indemnifies ? payment- ?? difficulties 17 Euler Hermes in 2008 Euler Hermes Credit Management Ltd. Krymskiy Val. 3/2, Office 210, Moscow, 119 049 Tel.: +7 495 649 80 08 Fax: + 7 495 627 73 08 Email: firstname.lastname@example.org Web: www.eulerhermes.ru Euler Hermes Business insured. Success ensured. 18 Euler Hermes in 2008