Business Details
Trusted Credit Insurance Brokers in Lichfield
Rycroft Associates is a national independent specialist credit insurance broker dedicated to protecting businesses from commercial risks. With a combined industry experience of over 150 years, our team provides tailored credit insurance solutions that safeguard assets, enhance cash flow, and support business growth. We work closely with clients to understand their unique requirements, leveraging deep market knowledge and relationships with leading underwriters to deliver bespoke policies.Our specialist account managers prioritise exceptional service, ensuring clients receive comprehensive support throughout the policy lifecycle. As an FCA-authorised entity, we maintain rigorous compliance standards while offering market intelligence to inform strategic decisions. Our vision focuses on enabling businesses to secure credit insurance confidently, eliminating exposure to bad debts while fostering sustainable expansion through informed risk management.
Services
Credit Insurance
Tailored Policies
Market Intelligence
Risk Management
Cash Flow Protection
Debt Recovery
Policy Customisation
Underwriter Access
Highlights and features
- We offer over 150 years of combined industry experience in credit insurance.
- We provide tailored credit insurance policies for unique business requirements.
- Our team maintains decades-long relationships with leading underwriters.
- We deliver market intelligence to support informed business decisions.
- Our FCA-authorised status ensures rigorous compliance and client protection.
Associations and certifications
- Financial Conduct Authority (FCA)
Services
Credit Insurance
Credit insurance safeguards businesses against commercial bad debts and payment defaults. Our policies cover up to 90% of losses from insurable risks, enabling secure customer base expansion. We tailor coverage to industry-specific risks while integrating with invoice finance arrangements to strengthen cash flow and banking relationships.
Tailored Policies
We create bespoke insurance products aligned with individual business needs. Our specialists analyse sector-specific risks and financial objectives to design policies that balance protection with commercial growth. This approach ensures optimal coverage for diverse industries while maintaining cost-effectiveness and regulatory compliance.
Market Intelligence
Our service provides access to real-time market data and credit risk analytics. This intelligence supports informed decision-making about customer creditworthiness and market expansion opportunities. We combine proprietary insights with underwriter expertise to enhance risk assessment capabilities for policyholders.
Risk Management
We implement strategies to mitigate financial exposure through comprehensive risk assessments. Our approach includes credit control process improvements and policy design that reduces Days Sales Outstanding. This proactive management protects businesses' largest asset their accounts receivable.
Underwriter Access
Our established relationships with major insurers provide preferential access to underwriting capacity. We leverage decades of industry connections to secure competitive terms and specialist coverage options. This network ensures clients receive optimal policy structures from multiple market sources.
People
Steve Parsons
Account Manager
With extensive credit insurance experience, Steve specialises in policy customisation for mid-sized enterprises. He focuses on delivering tailored risk management solutions that align with client growth objectives.
Laura Grose
Account Manager
Laura provides expert guidance on credit risk mitigation strategies. Her sector-specific knowledge helps businesses navigate complex insurance requirements while optimising cash flow protection.
Lisa Lycett
Account Manager
Lisa specialises in underwriter negotiations and policy structuring. She leverages market intelligence to secure competitive terms for clients across diverse industries.
Rosie Phillips
Account Manager
Rosie focuses on integrating credit insurance with financial strategies. Her expertise includes debt recovery processes and cash flow optimisation through policy design.
Teresa Cook
Account Manager
Teresa provides tailored insurance solutions for expanding businesses. Her experience includes risk assessment for international trade and cross-border credit management.
Questions
What types of businesses benefit most from your credit insurance?
Our services suit businesses of all sizes requiring protection against commercial bad debts, particularly those expanding customer bases or seeking improved cash flow security.
How do you tailor policies to individual business needs?
We conduct detailed risk assessments and analyse financial objectives to create custom coverage that balances protection with growth opportunities across various industries.
What underwriters do you work with?
We maintain relationships with major UK insurers and specialist credit insurance providers, ensuring access to competitive terms and diverse market solutions.
How does credit insurance improve cash flow?
By protecting against payment defaults and integrating with invoice finance arrangements, our policies reduce Days Sales Outstanding and strengthen banking relationships.
What support do you provide during claims processes?
Our team offers dedicated assistance with claims submission, documentation requirements, and underwriter communication to ensure efficient resolution of valid claims.
How do you help businesses expand securely?
We enable safe customer base growth through risk-mitigated policies that protect against bad debts while supporting increased credit lines to existing clients.
