The concept behind Credit Systems & Techniques is to allow a natural access to competence in the credit insurance field, as no insurance company would be in a position to afford the very high running costs individually, nor to collect the necessary data under one single data base and generate enough business for it to become an attractive business proposition.
Credit Systems & Techniques, is now in a unique position to tackle such an opportunity all over the Middle Eastern markets.

Credit Systems & Techniques provides practical and proven solutions to enhancing and promoting commercial and consumer credit through:

• Allowing the betterment of credit terms and conditions
• By reducing the credit risk through securitization

Backed by international specialized credit reinsurers; Credit Systems & Techniques is not only in a position to bring genuine credit solutions securitization and quality but also:

• Engineering and designing of credit products through its specialized company Byoutna.
• Credit worthiness and data analysis
• Evaluation tools
• Debts monitoring
• Bad debts recoveries

Credit Systems & Techniques offers insurance companies:

• Equal access to underwriting and technical expertise in the credit insurance field;
• A sophisticated data base and;
• Reinsurance along with;
• The confidentiality and the reliability of an independent organization, familiar with doing business in this part of the World.

Credit Systems & Techniques aim is not only to administrate Credit Insurance, but also to engineer Credit plans (through one of its specialized sister company) adapted to the local market needs.

Credit Systems & Techniques role, in collaboration with its sisters companies is to create and administrate Credit plans for the participant insurers and also to join forces with those same insurers and their customers, in order to come out with new credit concepts, adapted to the local social factors, easily understandable and acceptable to the majority of consumers and traders. All plans and programs will be framed, so as to include the maximum guarantees, in order to secure regular payments and easy recovery in case of claim.

Credit Systems & Techniques task is the securization of the insured (financier, trader, merchant …) while preserving the reinsurer and the insurance company's interest. This goal will be reached through a strict application of Credit Systems & Techniques underwriting guidelines coupled with a strict individual selection of credit applicants, a serious control and an efficient daily follow-up.

The risk management concept in credit insurance being totally different, from any other insurance line; it is our deep belief and previous experience have proved the rightness of our view, that a credit management company represents the best tool to deal with credit insurance.

Entering foreign markets must in our opinion be done through the establishment of a local credit insurance management company (third party administrator). This company will be created as a joint venture between "Credit Systems & Techniques and local partners in each and every targeted market.

The newly formed local management company will be using Credit Systems & Techniques software, underwriting guidelines, claims resolution guidelines and all related data base and programs. Furthermore special credit schemes adapted to the local market could be offered to the insured.

Furthermore, and in order to ease the implementation of credit insurance in the different countries of operation, we believe a specialized insurance brokerage company would be the useful tool to approach in the name of the insurance companies the banking sector, offering professional advices and consultancy. Finally, we would like to emphasize on the wide possibilities brought up by such a gathering (Credit Systems & Techniques, and local insurance companies) in the development of professionally managed and secured credit insurance and also the very high profitability one can expect from such an approach when dealing with credit insurance