CCR Magazine

CCRi banner ad
You are here  :Home arrow News arrow Euler Hermes establishes Digital Innovation Lab in London
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines

Headlines

 
Commercial Credit News

Headlines

 
Euler Hermes establishes Digital Innovation Lab in London PDF Print E-mail
Monday, 20 February 2017
The Euler Hermes Digital Agency (EHDA) has established a presence in London for the first time with the appointment of Raphael Caruso as Head of the Innovation Lab for Euler Hermes Northern Europe Region, based in the company’s Canary Wharf office in London.  

Raphael Caruso joined EHDA in December 2016. His role is to assist Euler Hermes in the region to prototype, develop and test new propositions and to identify disruptive start-ups in the trade credit insurance and trade finance space. Already Euler Hermes in the UK is working on several significant projects with Raphael Caruso’s assistance. The company declined to provide further details of the projects under development.

Fabrice Desnos, CEO Euler Hermes Northern Europe, commented: “London has the unique combination of hosting the world’s leading insurance market and being one of the world’s leading global fintech hubs. It is a natural selection for Euler Hermes to choose London to invest in developing the future of trade credit insurance.”

Prior to joining Euler Hermes, Raphael Caruso was Strategy and FinTech Manager at Direct Line Insurance Group where he articulated the Group’s fintech investment and partnership strategy and worked on innovation projects including analysing the impact of driverless cars on the insurance industry. Before joining Direct Line in 2014 he worked in investment banking as an equity research analyst covering the European insurance sector.

Christophe Spoerry, co-head of EHDA, added: “We are working globally with leading experts inside and outside Euler Hermes and exceptional start-ups in innovative fields such as big data science and blockchain. The speed with which new ideas and projects are incubating with Raphael’s help demonstrates our confidence in these emerging digital markets.”

Initially based in Paris, EHDA was launched in June 2015 and aims to reinvent trade finance by partnering with data scientists, online business marketplaces, supply chain finance providers and alternative lenders to better manage credit risk. By harnessing the power of digital technologies and Euler Hermes established risk underwriting expertise, the aim is to create a new generation of product lines and open new markets for trade credit insurance.

Euler Hermes is the world’s leading trade credit insurance company. The Euler Hermes Northern Europe Region has offices in 16 countries.

In a separate study, Euler Hermes found that the UK is one of the most ‘digital-ready’ economies in the world, ranking fourth out of 135 countries surveyed thanks to its ability to capitalise on digital business opportunities despite the uncertain global trade outlook.
 
CCRI
3 October - Guoman Tower Hotel, Central London 

CCRInteractive, in association with Marston Holdings , is the largest and leading one-day conference from the publishers of CCRMagazine – a truly national and international event for the credit industry.

This landmark event allows delegates to: Learn best practice of how to increase profitable sales in today’s economy. Understand the key compliance issues and how they will impact upon you. Discuss the legislative and regulatory framework and how it will effect you. Consider the potential effects of Brexit on your business. Discover the latest innovations in the market to improve your collections. Motivate your staff to achieve ever improved results.

To book to attend in 2017, contact Stephen Kiely  or Alison Lucas. To find out more about being part of this landmark event, please contact Gary Lucas
CCRI 

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

The Credit Excellence Awards

Awards 

Tuesday 3 October - Guoman Tower Hotel, Central London


Do not miss your chance to meet and network with the Winners and Finalists at the Credit Excellence Awards, in association with Hoist Finance.


To book your place to attend, please contact Alison Lucas.


subscriptions

CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


 

Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road
Southend-on-Sea
Essex
SS1 1EP

Registered in England No: 05483197