Our client is an International Commodities trader that plays a big part in specific commodities.

Before becoming our client, the company was an international commodities trader with a six figure premium. They were facing persistent difficulties with country specific limits that restricted their access to funding and hindered growth. Despite the scale of their business, their previous broker was not dedicating the time or expertise to properly address these issues or explore potential solutions, leaving the client exposed and constrained in key markets.

We arranged a dedicated meeting with the client and conducted a full review of all key markets and the limits required. This allowed us to gain a deeper understanding of how the business trades internationally and where restrictions were creating barriers. Following this, we were instructed to take over the credit insurance programme. By engaging directly with insurers and tailoring the structure to the client’s needs, we managed to increase their limit satisfaction by 25%. In addition, we provided solutions outside of the policy to support the client in countries where limits were more difficult to secure, ensuring continuity of funding and trade.

As a result, the client extended its insurance programme across the wider business to Sioma. With improved structures and tailored support, they now have greater access to funding, which is accelerating growth in key markets. Sioma has a client who feels supported, have the level of cover they need in place, enabling the business to trade confidently and expand with resilience.