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Articles about Euler Hermes

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Insurance giant: IT dealers will survive the downturn

The UK boss at credit insurer Euler Hermes reckons that although channel insolvencies may edge up again next year, B2B resellers are in comparatively rude health. The number of IT dealers hitting the wall returned to levels not seen since the dot-com bust during the first half of 2011 and are forecast to remain high as the …
Paul Kunert, 05 Dec 2011
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Don't wait to check your parachute until you're out of the plane

Business failure and insolvency are so rarely a cheery subject. But it's kinda funny how frequently companies hit by high-value losses almost immediately say "we had insurance", as if to say the loss will not be felt too hard. It’s tempting to boast that your debt is insured when it isn’t: it makes the loss seem less troublesome …
Eddie Pacey, 17 Jun 2013
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Struggling tech resellers face winter of annihilation

Reseller insolvencies are predicted to remain at record highs during the December quarter as the UK economy hangs on the edge of a second recession. As exclusively revealed by El Reg in the summer, Graydon stats showed that 175 channel firms went to the wall in the first half of 2011, up 43 per cent on a year earlier, reaching …
Paul Kunert, 24 Nov 2011
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Ingram ups small biz credit

Ingram Micro's Europe arm is offering more credit to its small business customers - even offering to move pre-payment customers onto credit accounts. The distie said the economic crisis was making it difficult for small business to get credit from banks or from disties. Therefore Ingram is moving "a significant proportion" of …
John Oates, 10 Mar 2009
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World outlook worst since dot-com crash

The economic outlook for the UK is looking as bad as at any time since the dot-com crash of 2001. A survey of 55 leading economists by the Financial Times reveals low confidence in the state of the economy and fears that there is little public authorities can do to improve the situation. Almost two-thirds of those questioned by …
John Oates, 02 Jan 2008