Who We Are
Why
Credit Guarantee?
Credit Guarantee Insurance Corporation of Africa Limited is a South African Financial Services company operating in the field of domestic and international trade credit insurance.
Our unique strength lies in the ability to secure a vast store of information and market intelligence from a network of contacts, and to interpret data to support the business of clients – in both local and international markets.
Credit Guarantee is a licensed FSP and Non-Life Insurer.
At a Glance
Trade Credit Insurance
So why take unnecessary risks, when for a nominal fee, bad debt can be eliminated? Simply insuring your debtor’s payment risk with Credit Guarantee, you will be secure in the knowledge that you’ll always be paid.
Simply put, it is the insurance of your debtors
An insurance policy is issued, covering your domestic or international debtors if you are an exporter. We investigate each of your debtors and issue cover against them. Cover your business with trade credit insurance.
Trade Credit insurance is a powerful business tool.
Your company will benefit in the following ways:
Your company will benefit in the following ways:
CGIC in 2024
Power of We
At CGIC we believe in the power of partnerships. This is what defines us with our clients, our staff & stakeholders
CGIC is a We organisation working together making it a great environment to ensure success in all our endeavours
Credit Insurance
What we offer
We have a wide selection of products guaranteed to insure your business against the unforeseen; find out which one works for you.
Our services not only secure large-scale companies, but budding businesses across the African continent.
Credit Guarantee
The Statistics
Within the African Business Climate

Latest News
Get an insightful, inside look on trade credit insurance with our latest news and updates.
Credit Risk Insurance: Not Just for Large Corporations
When we think of credit risk, large corporations and financial institutions often come to mind. After all, these entities regularly deal with complex financial instruments, large-scale borrowing, and substantial sums of money. However, credit risk is not exclusive to big businesses—it's a significant factor for small medium enterprises (SMEs) as well.
FRAUD AWARENESS
CGIC has observed an increase in the incidence of fraud, both locally and internationally, and clients are urged to be alert to the increased risks. There are generally three main categories seen by us:
THREE LUCRATIVE BUSINESS DESTINATIONS AND TRADE PARTNERSHIPS IN AFRICA 2017
This article highlights the growing trade opportunities in Africa, focusing on countries like Mauritius, Botswana, and Kenya, that offer favorable business environments. It emphasizes the importance of mitigating risks when expanding into foreign markets and recommends using international trade credit insurance from Credit Guarantee to protect against financial risk and uncertainties.
FOUR BENEFITS OF INTERNATIONAL TRADE CREDIT INSURANCE
The article emphasizes the importance of international trade credit insurance for exporters to mitigate risks associated with dealing with unfamiliar buyers and global uncertainties. It highlights the benefits of such insurance, including protection against non-payment, access to new markets, expert risk assessment, enhanced financing options, and policy flexibility.
GLOBAL TRENDS ON TRADE CREDIT INSURANCE
The article discusses the growing use of trade credit insurance by small businesses in the UK to mitigate risks.
SIX REASONS WHY SOUTH AFRICAN COMPANIES NEED DOMESTIC TRADE CREDIT INSURANCE IN 2017
The article underscores the importance of domestic trade credit insurance for South African businesses amid challenging economic conditions and the recent entry into a technical recession, highlighting the need to secure accounts receivable, assess credit risk, improve collection services, secure funding, explore new market opportunities, and support business growth while minimizing the risk of customer payment defaults.