Find out if credit insurance is the right option for your business at
http://www.EulerHermes.us.
After a major customer defaulted on payment, Izzy Eisenberg, CEO of Packaging Methods Defined, made the most of his Euler Hermes credit insurance policy and protected his business from a major loss. In his own words:
"My name is Izzy Eisenberg. I am the CEO of Packaging Methods Defined. Well, I started working for my dad, and he had a small company. I learned that packaging, at the time, is the second or third largest industry in the world. In the respect of running your own company, there’s definitely more responsibilities, day-to-day. There are challenges; there are, I guess, things that I have to learn.
It was maybe after the second large account that I picked up when I thought that I might need some type of insurance. I didn’t even know it existed. I started looking for it, and I found Euler Hermes’ credit insurance.
So, by having the insurance, it definitely helps me make better decisions. I’m going to get covered if I don’t get paid. Several years ago, I had a very large customer default, and it was a substantial amount. Had I not had the coverage- if I didn’t go out of business, I would have been hurt for many, many, many years of recovery.
I’ll never forget telling my dad what had happened, and the first thing he said to me was, 'good thing you had credit insurance'."
euler hermes roma Euler Hermes Customer Testimonial: Packaging Methods Defined [Full] | |
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| People & Blogs | Upload TimePublished on 9 Jun 2016 |
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