Euler Trade Indemnity, the UK’s leading credit insurer has rebranded as Euler Hermes UK . This is part of the roll out of new brands and a new image across the world to signify the coming together of Euler and Hermes. A member of the Allianz Group, the Euler Hermes group forms the leader in the global credit insurance market, being present in 35 countries and holding a world market share of 37%.

Euler Hermes UK’s products and services now encompass credit insurance, credit opinions, UK and international commercial debt collections and online policy management. In short, an integrated approach to credit management.

Commenting on the change, CEO Richard Webster says: “I am delighted that we have the opportunity to reinforce our position as a member of Euler Hermes, the world’s most powerful credit management group and that our affiliation with the Allianz group is now fully in evidence. 2003 is a year of significant change for us. We have launched new products that integrate all aspects of credit management, and have geared up our service operations and communications to ensure that our clients and brokers receive the most efficient and effective responses to their requirements. The change in name to Euler Hermes UK reflects the strength and benefits that the UK business derives from being part of a multinational group.”

Other companies also re-branding are Euler Trade Indemnity Collections which becomes Euler Hermes Collections UK, and Euler Trade Indemnity Risk Services which becomes Euler Hermes Risk Services UK .