Judge of the Change
Fashion runs on these really strange net 60, net 30, net whatever, store pay payment terms. We didn't understand all of this at first. When we first started PD, we asked for a deposit when someone placed an order, that helped at the beginning. But over time, stores overturned those rules. No one really pays on the dot. The reason a lot of brands... See more
Brenda Weischer • BRENDA’S BUSINESS with PETER DO
this should be the opening of a pitch
Chubb specializes in XoL (excess of loss) trade credit insurance, which means that the insured company agrees in the policy to take a significant loss before “coverage” kicks in.
This is different than ground-up insurers like Atradius, Allianz, and Coface, who will insure entire losses (also known as “ground-up”.)
it is initially strange to me that Chubb hasn't started a direct to consumer channel for individual policies, but then again having deeper relationships with the entities they insure probably makes their underwriting practice infinitely better
You may also use an outside service to fill out your statement of claim and electronically file it with the Court.
New York City Small Claims Court
