Alexander Forbes is to offer credit insurance services to the UK corporate mid-market after forming a strategic alliance with specialist credit insurance broker, Atlas Risk Management.

As part of the agreement, Atlas Risk will open a London operation within the UK headquarters of Alexander Forbes on 1 August.

The arrangement will see Atlas Risk offering receivables management advice and broking of credit insurance policies to Alexander Forbes clients.

Alexander Forbes Corporate Risk Solutions managing director Tim Wilson said: "We have been working informally with Atlas Risk for over a year now to very good effect for our mutual clients.

"We have therefore decided to put the relationship on a formal footing."