Thomas Carroll has expanded its trade credit risks division, appointing new Head of Credit & Surety, Rob Farquharson.
Rob’s appointment reaffirms our commitment to local businesses, in line with the Government’s current COVID-19 Trade Credit Reinsurance Scheme.
Our Group, now employing over 150 people, advises businesses across Wales and the South West by offering integrated risk solutions across insurance, financial advice, employee benefits and health & safety disciplines.
Working closely with Gareth Cotty, Managing Director of Thomas Carroll’s Broking arm, Rob joins us with 18 years’ experience in the Trade Credit and Surety market from Credit Insurer Euler Hermes and previous senior commercial broking roles.
From assisting small and medium sized businesses, to global organisations, Rob brings with him a background in both domestic and export Trade Credit Insurance, helping businesses from all sectors mitigate bad debt and cash flow challenges.
Commenting on the appointment, Gareth Cotty (Managing Director) said:
“In the current climate, managing credit risk has never been so important and our business has always sought to offer solutions to our clients’ live risk exposures.
Challenges because of COVID-19 and opportunities because of Brexit should put trade credit risk at the forefront of business risk thinking. Adapting our business activity and supporting clients to do the same continues to be a focus. Rob’s vast experience and industry knowledge allows us to offer practical solutions, ensuring our clients can continue to trade with confidence.”
Rob Farquharson (Head of Credit Insurance & Surety) added:
“In a difficult market, having an experienced, independent broker onside to scour your options makes all the difference.
Our access to a wide range of insurers means there are often alternative credit risk solutions available for clients that are unable to obtain cover with existing insurers.
I am pleased to be joining such a well-established and progressive firm. Their standing in the market and commitment to customer care and preparation is impressive.”