In partnership with Aon, Onguard gives you PolicyManager. This application provides in-depth insights into coverage performance. By integrating CreditManager with PolicyManager, customers have immediate insight into potential risks of non-payment and debit. PolicyManager arranges the updating of the insurance policies that you enter into and reads the current data from the credit insurer. It clearly shows what the current coverage is on your outstanding balance. Daily data from the credit insurer is fed into PolicyManager, which in turn, ends up in CreditManager via web services.
Aon offers PolicyManager and of course, this solution runs independently so that the credit insurer has no access to your accounting or ERP systems. The solution loads the debtor data from the existing ERP package. When this is done, you have a quick insight into current limits on outstanding balances and limit requirements. The moment a limit is requested in PolicyManager, this is automatically submitted to the credit insurer. After approval, this is processed immediately in the administration.
Aon plc is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.
The Aon Credit Solutions practice is a leader in international credit insurance that provides our clients with innovative solutions against non-payment risks while facilitating their business growth and improving access to trade finance. Our local specialised teams are united and coordinated at a country, regional and global level by prominent, highly experienced market thought leaders.
We are passionate about leveraging credit insurance to support our client’s business growth. Our objective is that our clients regard us as their preferred broking partner and trusted risk advisor. We are fully committed to delivering a proposition that is built around traditional values of personal service, combined with access to the full breadth and depth of Aon’s global resource and capabilities, including our constant monitoring of regulatory challenges and trends.
We provide consult and design solutions in three key areas:
- Credit Risk Protection
- Credit Management
- Trade Finance
We are the leading trade credit broker globally, with over 490 people in 100+ locations across 57 countries.