The past few months have brought constant change across the economy, stock market, global trade, tariffs and political landscape. The only thing we can truly expect is the unexpected.
Although the trade credit environment appears relatively stable, we continue to see high levels of insolvencies and payment defaults. At NCI, our Claims and Compliance teams have been working hard to support clients, facilitating over $44 million in claims payments this financial year and negotiating repayment plans with debtors.
Industries such as construction, retail and food services are under increasing pressure. These challenges are contributing to a rise in defaults and claims. It’s not a cause for immediate concern, but it’s certainly a trend worth keeping an eye on. For a closer look at recent figures and trends, view our latest Claims Snapshot.
Two significant insolvencies in recent months have highlighted how quickly financial distress can escalate. The collapse of Roberts Co (VIC) in Australia and Libelle Group in New Zealand has had wide-reaching effects on creditors and suppliers. In the case of Roberts Co, surety bonds were even called upon, proving the value of this type of security as an alternative to traditional bank guarantees. To learn more about how surety bonds can work for your business, visit the website here.
Despite current challenges, New Zealand’s wine industry remains resilient and forward-thinking, driven by sustainability, innovation, and a focus on diverse markets. To support the sector, NCI has developed a specialised credit insurance program designed specifically for New Zealand wineries. If you’re looking to expand into new markets with confidence, reach out via info@ncinz.co.nz
With the rest of 2025 likely to bring more uncertainty, staying informed and prepared is essential. NCI is here to support you with end-to-end trade credit solutions Under One Roof.
Kind regards,
Zara Mends
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