Credit Risk in 2021: Everything You Need to Know

09 December 2020

Past Event: Overview

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With risk appetites decreasing around the globe in the wake of COVID, credit insurance is of vital importance to the steel industry as a whole. This session brought members up-to-date with the latest developments and explored how evolving conditions are set to impact market forces and all players across the industry in 2021.

Kirk Cheesman, Managing Director, and Prudence Chang, National Sales Development Manager from NCI took an in-depth look at the trade credit insurance industry.

Key topics discussed include current insurer appetite, specific country risks, future modelling and expectations in the future.

Session overview:

  • Market update
  • Insurer overview
  • Country risk maps
  • ASIC insolvency modelling
  • Economy/steel statistics


Kirk Cheesman

Kirk Cheesman

Managing Director, National Credit Insurance

Kirk Cheesman started with NCI in 1990 and has seen the company grow to over 190 employees and 3,500 clients throughout Australia, New Zealand, Singapore and Malaysia. He shows strength in identifying and finding appropriate solutions to mitigate credit risks. This has been applied not only to small, local businesses but to large multi-national companies.

Prudence Chang

Prudence Chang

National Sales Development Manager, National Credit Insurance

Prudence has been a leading sales person at NCI since 2006 and has held many roles prior to her current position as the National Sales Development Manager. Responsible for sales throughout Australia, Prudence is always looking for way to improve and to increase efficiencies within NCI.