CREDIT GUARANTEE INSURANCE CORP OF AFRICA LTD
Insurance in Port Elizabeth

Credit Guarantee Insurance Corporation of Africa Limited is a South African Financial Services Company that continues to excel in the field of domestic and export trade credit insurance. Furthermore we also provide various surety & bonding services via our specialised business unit. Credit Guarantee was established in 1956 and began operation in Our forte lies in the ability to secure relevant and vital information incorporated with market intelligence, as a tool for a synergistic communiqué to support the business of our clients in both local and international markets. We also pride ourselves in a specialised business salvage and recovery unit, dedicated to dealing with, at times, intricate restructuring needed to ensure both our clients’ interests and that of our shareholders, Mutual & Federal Insurance Company Limited (75%) and Atradius NV (25%) are met. Society respects for our contribution to uplifting economic growth, creating jobs and reducing inequality. We create a truly caring environment for our people, clients and brokers through collaboration and communication. We treat our clients and each other with respect, dignity and fairness. We seek and value each other’s contributions as well as the strength of our diversity. We are committed to continually bettering ourselves through innovation and learning. We relish the responsibility arising from the commitments we make and the actions we take. 2016 was a chaotic year, both locally and abroad, but no matter the storm raging around us, Credit Guarantee is still dedicated to meeting the social responsibilities we’ve taken on, and we continue to uplift the communities in which we identify the need. Every year, Credit Guarantee’s Corporate Social Responsibility pushes itself to give back to the community by identifying worthy beneficiaries. We believe in giving back, and by this, we always seek to endorse projects/programmes that prove to have a significant impact in changing lives and benefiting multi-communities. A significant portion of the CSI Programmes’ budget is allocated to bursaries, specifically to support Credit Management and/or Export Management both internal and external. We offer your business protection against the non-payment of debts due to various reasons such as insolvency or payment defaults incurred by debtors domestically or in the common monetary area. Continual improvement in the quality of customers and therefore a lower incidence of bad debt. Lower legal costs through improved buying power of collection services.