EFCIS

What EFCIS does

EFCIS is a privately held, FCA-authorised UK specialist Trade Credit Insurance Broker founded in 2003 by Andy Moylan FCICM and Louise Garden, headquartered in Hastingwood, Essex with a second regulated satellite entity (EFCIS Bexley Ltd, FCA FRN 523421) in London. The company earns revenue primarily through brokerage commissions on Trade Credit Insurance premiums placed with global underwriters, positioning itself as an extension of the client's risk mitigation function rather than a transactional policy broker. Core customers are mid-to-large UK businesses with domestic or export open-account trade, including exporters and companies in difficult sectors such as construction and chemicals.

Its product surface combines Trade Credit Insurance brokerage with proprietary tools: ARC (Analysis of Risk & Compliance) — described as the industry's first policy compliance software that maps sales ledger performance against policy terms and downloads limits from three global underwriters — alongside E-Audit, Discretionary Limit Calculator, Notification Calculator, and Limit Tracker. The EFCIS MaxSeries (MaxCredit, MaxScore with AI predictive payment dates, MaxFunding, MaxFraud, MaxTrade) expands the offering into credit limit optimisation, debtor scoring, receivable financing enablement, fraud mitigation, and transaction de-risking. The ExportHub sub-brand (The Export Hub Ltd) supports UK exporters with information and insights.

Commercially, EFCIS operates a sales-led, relationship-driven GTM via direct senior account managers and brokers, supplemented by a digital inbound layer (ROI Calculator, complimentary ARC reports) and association memberships (BIBA, CICM, FPC). Its sole UK membership in the International Credit Broker Alliance (ICBA) provides reciprocal referral access to 900 specialists and 30K+ policies across 68 countries, giving it international reach disproportionate to its UK headcount. No public funding rounds, revenue figures, or ownership transactions are disclosed; control rests with the founder and immediate family in leadership.

Name

EFCIS

Legal name

EFCIS Limited

Website

https://efcis.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

11–50 employees

Short description

EFCIS is a privately held UK specialist Trade Credit Insurance Broker, FCA-regulated and sole UK member of the ICBA global alliance, serving mid-to-large UK businesses with proprietary compliance software, the MaxSeries risk toolkit, and access to 68-country underwriting reach.

Ownership category

akta.pro rank

Product category

Trade Credit Insurance Brokerage

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Trade Credit Insurance Brokerage (FSAEADAL)

Keywords

• Trade credit insurance
• Credit risk management
• Debtor risk assessment
• Receivable funding
• Policy compliance software

Headquarters

HQ city

Harlow

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Trade Credit Insurance Brokerage: EFCIS operates as an independent specialist Trade Credit Insurance broker earning commission from insurers for placing and managing policies. Revenue is generated through brokerage commissions on insurance premiums paid by clients for their Trade Credit Insurance coverage.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

EFCIS is an independent specialist Trade Credit Insurance Broker that places and manages Trade Credit Insurance policies with global underwriters on behalf of businesses selling goods or services on open account credit terms. The firm supplements brokerage with proprietary compliance software (ARC, E-Audit, Max series) and expert advisory services covering debtor risk assessment, credit limit pre-vetting, and receivable funding facilitation.

Product overview

EFCIS is a leading independent specialist Trade Credit Insurance Broker and sole UK member of the International Credit Broker Alliance (ICBA), operating globally across 68 countries. The company's product portfolio centers on Trade Credit Insurance as its core product, supplemented by a suite of proprietary software tools and services branded under the EFCIS Max series (MaxScore, MaxCredit, MaxFunding, MaxFraud, MaxTrade). These products work together: Trade Credit Insurance provides the foundational protection, while MaxScore uses AI-driven predictive analytics for debtor scoring, MaxCredit optimizes credit limit ratings, MaxFunding facilitates receivable financing, MaxFraud provides fraud mitigation, and MaxTrade de-risks transactions. Supporting tools include ARC (Analysis of Risk & Compliance) for policy compliance management, E-Audit for policy fitness evaluation, Discretionary Limit Calculator, Notification Calculator, and Limit Tracker. The ExportHub sub-brand provides export resources for UK companies. EFCIS is authorised and regulated by the FCA (Firm No: 307850).

Differentiator

Problem solved

Functional benefit

Brands

• EFCIS MaxCredit: Product ensuring company rating and credit limits with suppliers, underwriters and information provided is based upon up to date and accurate financial data to ensure maximum open account credit terms/lines.
• EFCIS MaxScore
• EFCIS MaxFunding
• EFCIS MaxFraud
• EFCIS MaxTrade
• ARC
• E-Audit

Products and services

• Trade Credit Insurance

Quantifiable outcome

• Substantially cheaper premiums compared to previous providers
• +4 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature10 records

Partnerships

One partnership is on record.

• ICBA (International Credit Broker Alliance)coreStrategic or Co-development PartnerEFCIS is the sole UK member of ICBA, the third largest independent group of Trade Credit Insurance Brokers worldwide. Founded in 2000, ICBA operates in 68 countries including 50 with direct presence and 18 with correspondents. The partnership provides EFCIS clients access to global expertise through 900 experts and 30K+ policies, while EFCIS serves as the UK representative in this international network.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Regional players

• Credendo: European credit insurance underwriter active across the continent. Comparable Trade Credit Insurance product set to EFCIS's underlying carriers, with overlapping exporter/mid-market customer segments across EMEA.

Broad incumbents

• Miller Insurance Services: UK-based specialist insurance broker with credit and political risk capabilities. Comparable specialist-broker positioning to EFCIS within the London market.
• Lockton Companies: Large independent global insurance broker with credit insurance capabilities, serving mid-market and enterprise clients. Competes with EFCIS on placement and credit limit advisory for UK exporters.
• Coface: One of the three major global Trade Credit Insurance underwriters, offering TCI alongside business information and debt collection. Directly comparable to Allianz Trade on the underwriting side and a key counterparty for specialist brokers like EFCIS.
• Howden Trade Credit & Surety: Growing UK-headquartered broker with a Trade Credit & Surety practice serving SME and mid-market exporters. Directly comparable target customer base and channel overlap with EFCIS.
• Atradius: Top-three global Trade Credit Insurance underwriter with strong UK presence. Competes with EFCIS's underlying insurers for placement and offers debtor intelligence tools overlapping with EFCIS's Max series.
• Aon Trade Credit Solutions: Global insurance broker with a dedicated Trade Credit practice placing business with major underwriters. Competes with EFCIS for mid-market and enterprise mandates where generalist brokerage scale and carrier access matter.
• Euler Hermes (Allianz Trade): World's largest Trade Credit Insurance underwriter, now operating as Allianz Trade. EFCIS places business with Euler Hermes but also competes with its broker arm; both serve the same UK mid-market insureds seeking TCI cover and debtor risk management.
• Marsh Trade Credit: Major global insurance broker with a Trade Credit specialty practice serving mid-market to multinational clients. Comparable to EFCIS in offering TCI placement and advisory, but with global infrastructure EFCIS lacks.

Direct peers

• BDM International (Trade Credit Insurance broker): Independent specialist Trade Credit Insurance broker operating in the UK and internationally. Direct competitor to EFCIS on mid-market TCI placement, debtor risk advisory and policy compliance services.

Market position

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/efcisltd
• YouTubeyoutube.com/@efcislimited5620/videos
• LinkedInlinkedin.com/company/efcis-limited
• Facebookfacebook.com/profile.php

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about EFCIS