Success Stories: FGI Risk

Learn how FGI Risk has helped clients from around the world succeed—
in their own words.


Wireless Telecom Group

“Safely increasing our availability was key to our financing with Bank of America. To this end, we got a credit insurance policy with Euler Hermes. Even though we were new to managing the policy, we knew that staying in compliance was crucial. T.R.U.S.T.™ gave us the ability to effectively automate the management of our Euler policy in-house, ensuring we remain in compliance with our borrowing eligibility requirements.”

– Alexa Signorino
VP, Corporate Controller, Wireless Telecom Group

PCS Wireless

“We acquired our credit insurance policy through a large broker several years ago. However, we did not feel that they were providing us with the ongoing attention required to continuously optimize our policy. Our lender introduced us to FGI and they conducted a full analysis of both our existing coverage and our business requirements. As a result of this audit, FGI optimized our policy to better support our existing business requirements as well as our future growth.”

– Aada Feltman
Director of Credit & AR, PCS Wireless
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“FGI understood our business’ potential and did not shy away when others did. They structured a global credit insurance policy covering transactions in South America and the Middle East to help us safely manage our diverse portfolio. Their policy compliance management platform “T.R.U.S.T.TM” has enabled us to recover over $140,000 in paid claims over the past three years.”

– Mila Alexeeva,
Accounts Department, Genebre Group SL

Wormser Corporation

“We were going through a major refinancing while expanding into Europe, and our bank asked us to obtain credit insurance coverage. Our bank introduced us to FGI, who specializes in structuring credit insurance policies for both lenders and borrowers, and they were able to structure a policy that directly supported our business goals.”

— Eileen O’Malley,
Controller, Wormser Corporation
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“After multiple unsuccessful attempts at securing a credit insurance policy through brokers in the UK and the US, we were pleasantly surprised with FGI’s ability to quickly broker a policy with Euler Hermes that was tailored to our business requirement, enabling us to securely continue to grow our business in the US.”

– Nick Woolf,
CFO, Skinnydip
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Sam Salem and Son

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“Thanks to FGI’s reach in the marketplace, we were able to obtain credit insurance coverage at a lower price, with more coverage and with a lower deductible, despite the risks associated with our retailer customer base.”

– Jesse Salem
President, Sam Salem and Son