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.

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Contact Credit Guarantee Today

We are ready to assist you.  Get in touch with us

Contact Credit Guarantee Today

We are ready to assist you.  Get in touch with us

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:

Banks are likely to offer you more extensive credit facilities on more favourable terms if your debtors are credit insured.

Credit insurance gives you the absolute confidence to explore higher risk business opportunities you would normally avoid for fear of non-payment.

It protects your cash flow by replacing cash promptly, should any customer’s insolvency or payment default occur.

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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

Empowering you to make sound financial decisions.

Credit insurance – CGIC’s extensive range of business protection services include:

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.

Domestic Trade Credit Insurance

Credit Guarantee offers you protection against the non-payment of debts due to various reasons by debtors on the local market and in neighboring territories.

International Trade Credit Insurance

Dealing with foreign buyers could be tricky, risky, and lead to loss of profit or non-payment that might cause your company to shut its doors. Credit Guarantee is here to prevent such catastrophes.

Bonds & Surety

In case your debtor does not pay,
Credit Guarantee will mitigate the matter and ensure that
your financial setback does not affect your business.

Our services not only secure large-scale companies, but budding businesses across the African continent.

Small & Medium Businesses

We believe Small to Medium sized Businesses and Entrepreneurs are the future of Africa’s economic stability, hence we support their future in Africa.

African Footprint

Our main focus is to be the leading Trade Credit Insurance as well as Surety & Bonds solutions provider, by supporting our client’s growing needs throughout Africa.

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.

FRAUD AWARENESS

February 13, 2024|

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

September 28, 2023|

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

September 28, 2023|

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.

SIX REASONS WHY SOUTH AFRICAN COMPANIES NEED DOMESTIC TRADE CREDIT INSURANCE IN 2017

September 28, 2023|

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.

GLOBAL ECONOMIC UNCERTAINTIES A HUGE CAUSE OF CONCERN FOR LOCAL BUSINESSES

September 28, 2023|

The article highlights the increasing importance of trade credit insurance as global economic uncertainties and events, such as lower Chinese demand and increased global supply, impact businesses worldwide, emphasizing the need for businesses to safeguard against non-payment of debts and mitigate financial losses through trade credit insurance.

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