Allianz Trade bags win in HKB Greater Bay Area Enterprise Awards 2024

The solution guarantees company liquidity through secured revenue streams and protects balance sheets with exceptional insurance.

Trade credit insurance specialist Allianz Trade in Asia Pacific brought home the win in the Business Insurance category at the HKB Greater Bay Area Enterprise Awards 2024 for its Allianz Trade Mid-Size Multinational solution providing tailored trade credit insurance programme for China-Hong Kong companies that have a turnover of €100m to €300m (HKD 856.37m to HKD 2.57b).

Fitted for China-Hong Kong companies that operate production lines in China whilst having sales offices in Hong Kong, this programme can help them expand domestic markets in China and international trade markets.

As the global leader in the business, Allianz Trade constantly monitors the creditworthiness of clients’ customers to make sure receivables are secured anywhere in the world. In the event of non-payment or even late payment, it indemnifies the debt within the limit of the guarantee granted. Policyholders can manage the commercial and political risks of trading internationally that are beyond their control with this solution.

Allianz Trade Mid-Size Multinational customers benefit from a dedicated team of specialist underwriters, centralised programme handlers, and claims experts. These teams build the optimal programme structure to anticipate issues before they arise and to coordinate seamless service delivery.

Tailored to every company’s needs, the solution guarantees their liquidity through secured revenue streams, protects their balance sheet with exceptional insurance protection, and provides support in financing solutions.

The HKB Greater Bay Area Enterprise Awards is a prestigious event that recognises the remarkable endeavours of Hong Kong and Macau-based companies within the Greater Bay Area, celebrating exceptional initiatives that promote collaboration, investment, and development within the region.

The HKB Greater Bay Area Enterprise Awards is presented by Hong Kong Business Magazine. To view the full list of winners, click here. If you want to join the 2025 awards programme and be acclaimed for your company's initiatives in the Greater Bay Area that foster mutual cooperation, investment, and development, please contact Jane Patiag at [email protected].