Trade credit insurance protects businesses against the risk of a customer failing to pay. When a buyer defaults and a claim is declined, often on grounds of disclosure, credit-limit conditions or the insured's own conduct, disputes follow.
A trade credit insurance expert witness gives independent opinion on coverage, underwriting practice and whether the parties met their obligations.
What is a trade credit insurance expert witness?
A trade credit insurance expert is a specialist in credit insurance, underwriting, claims or broking, who can opine on policy coverage, credit-management obligations and accepted practice in the trade credit market.
When you need one
- A declined claim following a buyer's insolvency or default
- Disclosure and credit-limit condition disputes
- Questions about the insured's credit-management practices
- Coverage and policy-interpretation issues
- Allegations about underwriting or claims handling
What they do
- Review the policy, credit limits and claim file
- Assess whether disclosure and policy conditions were met
- Opine on the insured's credit-management practices
- Explain trade-credit market and underwriting practice
- Report and give evidence on coverage and conduct
Choosing the right expert
Trade credit is a specialised line. Look for direct experience in credit underwriting or claims, an understanding of credit-management practice, and the independence and clarity to explain a technical product to a court.
How Experts Edge helps
Experts Edge matches litigation teams with trade-credit and commercial-insurance experts, with conflict screening before introductions are made.