Excess of Loss (XoL)

"Euler Hermes Excess of Loss (XoL) cover responds to the growing global demand to see strong credit management rewarded, while achieving balance sheet protection against exceptional credit losses.”


Nicolas Delzant - CEO Euler Hermes World Agency

XOL COVERAGE: THE SOLUTION FOR LARGE AND MULTINATIONAL COMPANIES SEEKING PROTECTION FROM EXCEPTIONAL TRADE CREDIT LOSSES TO THEIR BALANCE SHEET. THE XOL POLICY FEATURES NON-CANCELLABLE CREDIT AND COUNTRY LIMITS.

  • XoL Features
  • XoL Products
  • For what companies?
  • The expert's view
  • Wide range of approaches: from traditional Excess of Loss
    to full limit service and local policies
  • Non-cancellable credit and country limits
  • Group buyer limits
  • High levels of discretionary limit
  • Combined underwriting authorities
  • One point of contact
  • An experienced global solutions team
  • The proven infrastructure of Euler Hermes and Allianz

Interested in XOL? Please contact:

 

Mark Moran – Head of XoL
Direct line: +44 (0)20 3451 3449
Blackberry: +44 (0)74 15 20 18 59
Email: mark.moran@eulerhermes.com
 
Tim Hoggarth – Manager, XoL Underwriting
Direct line: +44 (0)20 3451 3451
Blackberry: +44 (0)74 15 20 18 58
Email: tim.hoggarth@eulerhermes.com
 
Alexia Parmentier - Manager, XoL Underwriting
Direct line: +44 (0)20 3451 3450
Blackberry: +44 (0)74 15 20 18 63
Email: alexia.parmentier@eulerhermes.com
  • Excess of loss
  • Captive solutions
  • Policies in support of clients’ financing
  • Syndication of credit insured portfolios
  • Trade credit-based single risks, with the potential to expand into a portfolio or Excess of Loss solution 

Interested in XoL? Please contact:

 
Mark Moran – Head of XoL
Direct line: +44 (0)20 3451 3449
Blackberry: +44 (0)74 15 20 18 59
Email: mark.moran@eulerhermes.com
 
Tim Hoggarth – Manager, XoL Underwriting
Direct line: +44 (0)20 3451 3451
Blackberry: +44 (0)74 15 20 18 58
Email: tim.hoggarth@eulerhermes.com

Alexia Parmentier - Manager, XoL Underwriting
Direct line: +44 (0)20 3451 3450
Blackberry: +44 (0)74 15 20 18 63
Email: alexia.parmentier@eulerhermes.com
  • ​Insurable turnover: £200,000,000 and above
  • Minimum Premium: £100,000
    and above
  • Companies with a proven Credit Management

Interested in XoL? Please contact:

 

Mark Moran – Head of XoL
Direct line: +44 (0)20 3451 3449
Blackberry: +44 (0)74 15 20 18 59
Email: mark.moran@eulerhermes.com
 
Tim Hoggarth – Manager, XoL Underwriting
Direct line: +44 (0)20 3451 3451
Blackberry: +44 (0)74 15 20 18 58
Email: tim.hoggarth@eulerhermes.com

Alexia Parmentier - Manager, XoL Underwriting
Direct line: +44 (0)20 3451 3450
Blackberry: +44 (0)74 15 20 18 63
Email: alexia.parmentier@eulerhermes.com

Mark Moran, head of Euler Hermes XoL: “An XoL policy can be an effective tool to help companies generate receivables-based financing. The certainty of non-cancellable cover during the life of the policy makes  the trade credit product attractive to lenders seeking a risk mitigant. This certainty, coupled with the assurance of our AA- rati​ng, increases banks' confidence to lend, and companies are potentially able to secure better funding results."

 

Interested in XoL? Please contact:

 

Mark Moran – Head of XoL
Direct line: +44 (0)20 3451 3449
Blackberry: +44 (0)74 15 20 18 59
Email: mark.moran@eulerhermes.com
 
Tim Hoggarth – Manager, XoL Underwriting
Direct line: +44 (0)20 3451 3451
Blackberry: +44 (0)74 15 20 18 58
Email: tim.hoggarth@eulerhermes.com

Alexia Parmentier - Manager, XoL Underwriting
Direct line: +44 (0)20 3451 3450
Blackberry: +44 (0)74 15 20 18 63
Email: alexia.parmentier@eulerhermes.com