Bondaval and Swiss Re Collaborate to Innovate Credit Risk Solutions for Global Markets

Bondaval Partners with Swiss Re Corporate Solutions to Launch Data-Driven Credit Risk Solution

In a significant development for the financial landscape, Bondaval, recognized for its innovative approach to credit technology, has announced a global partnership with Swiss Re Corporate Solutions. This collaboration is designed to revolutionize how businesses handle and guard against credit risk by harnessing advanced technology and deep underwriting expertise.

The union leverages Swiss Re's long-standing expertise in risk transfer, which has been refined since its inception in 1863, alongside Bondaval’s cutting-edge data-driven underwriting capabilities. The objective is to equip corporates and financial institutions with progressive tools that allow for proactive and intelligent management of credit risk.

Under the terms of this partnership, Bondaval will take on the responsibility of underwriting and issuing credit insurance policies as well as non-payment guarantees using its proprietary technology platform. Swiss Re will provide the financial capacity necessary for these insurance products, enabling quicker and more precise coverage for clients. This dynamic collaboration not only enhances Swiss Re's global credit insurance business but also empowers Bondaval to expand its influence across key markets including the UK, EU, US, and Canada. The anticipated rollout of policies is set to begin on January 1, 2026, through Bondaval’s extensive network of broker partners.

Bondaval’s platform transcends traditional policy administration; it serves as an operational backbone for credit managers. By seamlessly integrating data from clients’ systems, it offers actionable insights related to credit exposure and risk, thereby transforming credit insurance into a flexible tool for credit teams facing mounting pressure to deliver results.

“Today’s businesses are confronted with increasingly complex and unpredictable challenges. Therefore, the solutions designed to support them need to be equally adaptive,” noted Thomas Powell, CEO of Bondaval. He emphasized that this partnership with Swiss Re is a significant step towards building a more responsive credit industry capable of addressing the risks and opportunities of the future.

Katie McGrath, Chief Underwriting Officer at Swiss Re Corporate Solutions, also underscored the importance of this partnership, stating, “For over 160 years, Swiss Re has led the way in risk transfer, collaborating with forward-thinking entities who mold the future of our industry. Partnering with Bondaval, a firm that aligns with our commitment to technical and underwriting excellence, enables us to create enduring value for our clients on a global scale.”

Bondaval, established in 2020 by founders Tom Powell and Sam Damoussi, combines insurance with technology to secure receivables for leading credit teams around the world. With a license covering 30 countries and a talented global workforce exceeding 40 professionals based in London, New York, and Dallas, Bondaval is on a path of remarkable growth and innovation. By harnessing their collaborative strengths, Bondaval and Swiss Re are poised to transform the credit risk landscape, ensuring that businesses can navigate the financial complexities of tomorrow with confidence.