Anthony R. O’Donnell // August 22, 2025 
(Sarah Murrow, CEO, Allianz Trade Americas. Source: Allianz.)
Credit insurance may not command headlines in the same way as consumer lines, but its role in global commerce is profound. By ensuring the liquidity of supply chains and shielding companies from the shock of unpaid receivables, the product stabilizes economies in turbulent times. That stabilizing function was starkly visible during the pandemic, when governments across Europe and beyond worked with insurers to maintain coverage. As Sarah Murrow, CEO, Allianz Trade Americas, remarks, “What we do is inject liquidity in supply chains. And