Invoices under dispute
The Apollo Cargo Alliance always takes up its reponsibilities. In the case of overdue invoices, we ask our members to report these through our online member area. Thanks to our unique conflict resolution procedure, we are able to resolve these kind of disputes in a neutral and amicable manner.
On top of that, our credit risk insurance does not only protect against insolvency, but also against suspected insolvency, bankruptcy and protracted default. This way, you can do business without worrying about any financial problems.
Credit risk insurance
To rule out the worry of not getting paid by your fellow network members, the Apollo membership includes a unique and tailor made credit risk insurance up to a maximum of US$ 50.000.
Classified A- by S&P
Furthermore, our insurance company is among the best in the world. Since it is registered with insurance market Lloyd’s of London and classified by Standard & Poor’s with a strong rating (A-), it is unbelievably reliable.
No bond or trust funding
Since our credit risk insurance is outsourced to a neutral third party insurance company, we are able to handle any problems, which are rare, without applying trust funds or trust bonding. This ensures our member that insolvency claims are treated in a fair and independent manner.