The UK's biggest credit insurer Euler has opened three new offices – the first is situated in Shanghai, China, and the other two are in Mexico and Brazil.

The company also plans to open an office in Singapore with its new partners, German-based Hermes AG.

Euler and Hermes now share about 40% share of the global market, making them the world's premier credit insurance group.

Both companies have agreed on a common commercial approach, sole underwriting responsibility in each country will be with the most firmly established subsidiary.

The two have also created a common company based in London to offer credit insurance services to large multinational companies.


The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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