Gross written premium (1999):
Gross written premium (1999):
£160.2m
Parent:
Euler
Year company established:
1918
UK head office:
1 Canada Square
London
E14 5DX
tel: 020 7512 9333
fax: 020 7512 9186
website:
www.tradeindemnity.com
Company history:
The UK's largest credit insurer with over £80bn of trade underwritten each year – Euler Trade Indemnity protects businesses of all sizes and all sectors against trade credit risk. Its client base includes many of the UK's leading businesses, from small to medium enterprises (SMEs) to multinationals based both in the British Isles and internationally.
Its pedigree stretches back more than 80 years and the company belongs to the world's largest credit insurance group. Euler Trade Indemnity describes itself as the must-have partner for effective trading in an increasingly risky world
Chief officer:
Russell Benzies
Biography:
Originally from Aberdeen and a graduate of Aberdeen University, Russell Benzies qualified as
a Chartered Accountant in 1983. In 1984 he joined Schlumberger as a field accountant before being promoted to chief executive for the West African operations.
In 1988 he joined British & Commonwealth Holdings as group chief accountant. While there, he was a key member of the finance teams responsible for the disposal of Marshalls and Oppenheimer Fund Management. Benzies joined Euler Trade Indemnity in 1990 and has been chief executive since January 1998.
UK branch offices:
three
UK staff:
500
Main classes of business:
credit insurance
Key general insurance personnel:
Keith Morris, deputy chief executive
Steve Oram, director risk underwriting
Jerry Friend, director commercial underwriting
