In a significant recognition of its innovative credit risk management services, a leading multinational corporation has been honored for its exceptional trade credit insurance solutions tailored for the Greater Bay Area (GBA). The accolade underscores the company's commitment to providing comprehensive support for businesses navigating domestic and international markets. With over two decades of experience in Asia, this company offers extensive coverage, including protection against bad debts, access to an expansive customer credit database, and robust debt recovery services. Operating from key cities across China, the company has established itself as a trusted partner for businesses seeking reliable credit risk management.

Achievements and Services Highlighted at the Awards

During the illustrious HKB Greater Bay Area Enterprise Awards 2025, Allianz Trade in Asia Pacific was celebrated for its outstanding corporate credit solutions designed specifically for the GBA and broader Chinese market. This achievement highlights the company's dedication to offering unparalleled trade credit insurance services. Based in Hong Kong, with branches in Shanghai, Beijing, and Shenzhen, Allianz Trade has successfully operated in the region for more than 25 years. Its presence spans 12 markets within the Asia Pacific region, solidifying its reputation as a leader in trade credit insurance.

The company provides a unified credit insurance policy that simplifies policy management for both domestic sales in China and export business in Hong Kong. Clients benefit from preferential rates, streamlined processes, and compliance with regional legal systems. Moreover, Allianz Trade grants access to a vast global database of over 83 million businesses, aiding clients in evaluating the creditworthiness of existing and potential customers. Local risk analysts conduct thorough credit assessments, facilitating quicker approvals and informed business decisions.

With an AA credit rating, Allianz Trade's policies are widely recognized by financial institutions, resulting in favorable financing terms for clients. The company covers up to 90% of insured receivables and offers professional, legally compliant debt collection services. Since rebranding from Euler Hermes in 2022, Allianz Trade has supported businesses with over EUR457 million in insured trade and provided credit risk consultations for over EUR1 billion in trade activities. Collaboration with trade associations in the GBA has enabled the company to share valuable insights and opportunities.

Furthermore, seminars conducted in the GBA have effectively promoted trade credit insurance, offering credit risk consultations to more than 50 companies with affiliates in Hong Kong. The HKB Greater Bay Area Enterprise Awards is a distinguished event recognizing outstanding efforts by Hong Kong and Macau-based enterprises within the GBA. It celebrates initiatives that foster collaboration, investment, and development in the region.

From a journalist's perspective, this award not only highlights the excellence of Allianz Trade's services but also emphasizes the growing importance of robust credit risk management in today's interconnected global economy. As businesses continue to expand their operations across borders, reliable trade credit insurance becomes increasingly vital for sustainable growth and stability. The recognition of Allianz Trade's contributions serves as a testament to the value of innovation and expertise in supporting businesses within the Greater Bay Area and beyond.