Crédito y Caución has launched a new document signing service with a digital certificate, with the aim of avoiding unnecessary travel and maintaining social distancing measures due to Covid.
The insurer has reported that, through this service, policyholders who have tailored policies with the company will be able to sign any modification of their contract electronically, with full legal guarantees.
The company defends that the process is completely safe, immediate, avoids travel and saves paper, while promoting technologies that respect the planet.
To demonstrate the impact on paper consumption savings that this project will entail, Crédito y Caución has announced that it will take over the forest restoration of 4,200 hectares in an area of the Sierra de Gredos devastated by fire in 2009.
The project, which will be carried out by Sustainable Forests, will allow the recovery of the ecosystem of the area with wild pines, birches and white rowan, indigenous and diverse tree species to stop erosive processes.
Weeks ago, Crédito y Caución announced the launch of CyComex, its new internationalization portal to support growth in foreign markets as a lever for economic recovery. The company states that the platform “improves the usability of its Country Risk information available on any destination in the world.
When navigating, through interactive maps, to the market to be analyzed, the user sees all the documents that cover the singularities of its legal aspects, documentation, customs procedures, financing, guarantees or taxation ”.
It also details that CyComex includes its own Market Intelligence files, which pay special attention to the analysis of credit risk: average payment terms, recovery, levels of insolvency and delinquency and means of payment.
CyComex has an alert service on international trade, with direct visualization of the most outstanding ones.
Recently, the insurer announced that it expects a deep recession in the largest economies in Africa, Nigeria, South Africa and Angola, and a slow recovery that will limit growth in the medium term.
The possible economic rebound in 2021 is surrounded by an unusually high level of uncertainty, unable to rule out a sovereign debt crisis. Countries with a high level of debt denominated in foreign currency, such as Zambia or Angola, are particularly vulnerable. Financial support from multilateral institutions such as the IMF or the World Bank will be essential to help the region mitigate the negative effects of the pandemic on its economies and societies.