Named Cover

This business product is available within all our business units. Named Cover means everything is known by both parties (insurer and policy holders): buyer name, coverage amount, etc.

PH applies a cover (credit limit) request on one buyer with an amount, Allianz Trade answers that request with an amount, a decision code (agreement, partial agreement or refusal), and a reason code for restrictive decisions. 

Risk monitoring and review is frequently performed by us, which might lead to new cover decisions from us: amount reduction, withdrawal, and sometimes notifications on risk profile improvement.

Tutorial for Named covers (standard workflow) Tutorial for Monitoring only workflow through bulk Tutorial for Proactive alerts