Overview
Black Diamond Brokers Limited, operating as an Appointed Representative under an FCA-authorised principal firm (Tapoly), arranges credit insurance, trade credit insurance, surety bonds, and guarantee policies for professional clients. These risk transfer solutions protect businesses from non-payment, non-performance, and contract failures.
Credit insurance is particularly valuable for companies extending trade credit to buyers, enabling them to mitigate default risk, improve borrowing capacity against insured receivables, and expand into new markets with confidence.
Our Insurance Solutions
Trade Credit Insurance
Protection against buyer insolvency and protracted default on trade receivables. Policies can cover whole turnover (all buyers) or single risks (specific buyers or transactions).
- • Covers up to 90-95% of invoice value
- • Monthly premium based on turnover and buyer risk
- • Enables non-recourse invoice financing
- • Supports bank lines and working capital facilities
Surety Bonds & Performance Guarantees
Guarantees issued to protect project owners, buyers, or public authorities from contractor or supplier non-performance. Common in construction, public procurement, and large supply contracts.
- • Bid bonds, performance bonds, advance payment bonds
- • Retention guarantees and warranty bonds
- • Typically 1-3% of contract value as premium
- • Can be cash-backed or issued on contractor credit
Single-Risk & Project Cover
Customised insurance for one-off transactions, large contracts, or project-specific risks. Suitable for non-routine exposures or high-value single shipments.
- • Political risk and sovereign default cover
- • Large capital goods or infrastructure transactions
- • Emerging market buyer exposures
- • Tailored terms and pricing
Non-Performance Protection
Insurance against non-delivery, non-receipt, or non-performance of obligations by counterparties in complex financial or trade structures.
- • SBLC/BG non-issuance or non-receipt cover
- • Supplier non-delivery insurance
- • Structured finance default protection
- • Customised for multi-party transactions
Why Credit Insurance?
Risk Mitigation
Transfer the risk of buyer default or insolvency to a rated insurance company, protecting cash flow and balance sheet.
Improved Financing
Banks are more willing to finance insured receivables, often at better rates and higher advance percentages.
Market Expansion
Sell to new or riskier buyers with confidence, enabling growth into emerging markets and new customer segments.
Credit Management
Insurers provide credit intelligence and monitoring on buyers, improving internal credit risk assessment.
Regulatory Information
Credit insurance, surety bonds, and guarantee policies are arranged by Black Diamond Brokers Limited, which acts as an Appointed Representative under an FCA-authorised principal firm (Tapoly). All insurance distribution activities are carried out within the regulatory permissions of the authorised principal, in compliance with the Financial Conduct Authority rules and the Insurance Distribution Directive.