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Is Credit Insurance worth the cost?

Hello, fellow esteemed Credit Managers!

I was recently tasked with finding out more about credit insurance.

My company uses it in Europe and they don’t understand why we don’t here in the US. So, what I am looking for is general feedback, any recommendations, and is it worth the cost?

Any info is truly appreciated as this is new to me!

Thank you in advance!


My company just acquired a small corporation. Looking for advice to head the credit function 🔍

My company just bought a small company that was in Bankruptcy. The CFO wants me to head up the credit function.  There are no people to do credit right now at the current company and there is not a lot of receivables.

Has anybody established the credit function for an acquired company and if so, what did it entail?

Just looking for things to consider.