About Us

The concept behind CST 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. 
CST, is now in a unique position to tackle such an opportunity all over the Middle Eastern markets.

CST 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 credit insurance

Backed by international specialized credit reinsurers; CST is not only in a position to bring genuine credit solutions, credit insurance cover and quality but also:

• Engineer and design credit products.
• Data analysis and credit worthiness.
• Use sophisticated evaluation tools
• Monitor debts on a regular basis.
• Recover non performing debts.

CST 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.

CST aim is not only to administrate Credit Insurance, but also to engineer Credit plans (through one of its specialized companies) adapted to the local market needs. 

CST role, 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. 

CST task is to secure the insured (financier, trader, merchant …) while preserving the reinsurer and the insurance company’s interest. Our goal is reached through a strict application of CST 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 CST and local partners in each and every targeted market. 

The newly formed local management company will be using CST 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 and implemented.

Furthermore, and in order to ease the implementation of credit insurance in the different countries of operation, we believe a specialized insurance consultancy and brokerage firm  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 (CST, 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 

• The sole consumer credit insurance TPA’s in the MENA region
• Professional expertise in the management of credit
• Large data base with credit history
• Several lawyers engaged for recoveries
• Long term reliable relationship with investigation companies
• Long term reliable relationship with Insurance Companies and Reinsurers
• Most Reinsurers dealing with Consumer Credit Insurance require that CS&T be the credit administrator
• Acts as an efficient go – between among involved parties
• Acts as the true and effective back office to the Insurance and the Insured
• Creation and implementation of merchants networks
• Sales Force covering all areas across countries of operation
• Best advices in different fields of general insurances