NEW YORK, November 16, 2010 - FGI Risk Services, the leader in optimizing organizations’ credit insurance programs, announced today a 200% growth in its trade credit insurance brokerage business for the third quarter of 2010, adding over 48 customers in the U.S. as well as several multi-national organizations. The company attributed this significant growth to the continued increase in demand and success of its T.R.U.S.T platform, which optimizes credit insurance programs for organizations leveraging credit insurance worldwide.
Fred Voccola, President of FGI Risk said “Once again, we are very excited about our quarterly results. The continued growth and demand is a result of the FGI T.R.U.S.T. Platform and its ability to automate and optimize organizations’ credit insurance policies.
FGI TRUST is currently optimizing credit insurance programs for over hundreds of organizations worldwide, enabling them to maximize the value and protection of their credit insurance policies.
About FGI Risk Services
FGI Risk Services is a member of the FGI family of companies and specializes in providing businesses with critical risk mitigation solutions. The parent company, FGI, is a leading global conglomerate of financial services firms providing a wide array of commercial finance, risk mitigation, consulting, trade and transactional products and services to firms around the world. To learn more about FGI Risk Services, please visit our website at www.fgirisk.com.