Red Rock Insurance Services and Global Trade Credit Insurance Provider Atradius CyC Form North American Partnership

Toronto, Ontario--(Newsfile Corp. - September 28, 2021) - Atradius CyC and Red Rock Insurance Services, Ltd have partnered in an effort to grow market share throughout North America and provide improved services to existing brokers and clients.

"This is a tremendous opportunity for Red Rock Insurance Services to be aligned with one of the premier global trade credit insurance providers committed to growing their market share in North America while allowing us to maintain our entrepreneurial identity. We are excited by what we believe we can achieve together, and we look forward to working with Atradius CyC," said Peter Graham, president of Red Rock Insurance Services.

The partnership will allow Atradius and Red Rock to continue growing their local business alongside each other by offering their portfolio of products to a larger market in North America. The arrangement will allow both companies to build out their competitive advantages and offer a higher capacity level across their services and a higher risk tolerance - driven by local expertise and existing scale, increased flexibility on wording considerations, as well as a potential hybrid product offering.

"This strategic partnership provides a welcome addition to Atradius' suite of product offerings. This unique and dynamic agreement will utilize the strengths of each organization to provide exceptional service to new and existing brokers and clients," said Chris Short, country manager for Canada at Atradius CyC.

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About Red Rock

Red Rock Insurance Services Limited is a North American insurance specialist offering non-cancelable trade credit solutions. Founded in 2013, Red Rock has operated as a Managing General Agent offering insurance coverage backed by some of the world's largest insurance groups. Red Rock has built a reputation as a valuable long-term partner to its insureds, brokers, and insurance partners.

About Atradius

Atradius is a global provider of credit insurance, bonding and surety, collections and information services, with a strategic presence in over 50 countries. The products offered by Atradius protect companies around the world against the default risks associated with selling goods and services on credit. Atradius is a member of Grupo Catalana Occidente (GCO.MC), one of the largest insurers in Spain and one of the largest credit insurers in the world. You can find more information online at https://atradius.ca

For more information, contact:
Chris Short, Country Manager
Atradius CyC
chris.short@atradius.com
905-804-4225

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