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QBE appoints STA International as its preferred debt collection agency
Trade credit insurance experts QBE has announced, effective August 2012, that STA is its new and preferred debt collection agency. The QBE Insurance Group is Standard & Poor’s ‘A+’ rated and is one of the world's leading international insurers and reinsurers, headquartered in Sydney, Australia.
For its UK credit insurance policyholders, STA is appointed to collect accounts that reach the stage when they have to be reported to QBE as ‘probable loss’ cases. STA is proud to partner QBE and help protect policyholder accounts receivable which represents, on average, 40% of UK companies’ assets.