Atradius has extended its partnership with fellow insurance group Tokio Marine Asia to begin issuing trade credit policies in four more Southeast Asian countries.

Atradius will leverage Tokio’s affiliated companies to provide trade credit in Indonesia, Malaysia, Vietnam and the Philippines.

This brings the firm’s coverage in Asia both directly and through partners to more than 10 states including Hong Kong, Singapore, China, Japan, India, Thailand and Taiwan.

“[The extended agreement] not only enables us to continue our upward growth but, more importantly, provides our customers and other businesses within the region with a compelling integrated solution to protect their cash flow and support their credit management processes,” says Andreas Tesch, senior director at Atradius Global.

“We are fortunate to have such a strong partner as Tokio Marine in these four countries.”