Credit fintech Bondaval has partnered with Swiss Re Corporate Solutions to launch a credit risk solution for corporates and financial institutions.

Bondaval will underwrite and issue credit insurance policies and non-payment guarantees via its proprietary technology platform, and Swiss Re will provide insurance capacity.

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Bondaval’s platform acts as “an operating system for credit managers”, incorporating data from clients’ systems to provide insight into credit exposure and risk.

The partnership will allow Swiss Re to scale its global credit insurance business, while Bondaval will continue to grow its business, expanding across the UK, EU, US, and Canadian markets, with further geographic expansion planned in the future.

Policies will be made available from 1 January 2026, through Bondaval’s network of broker partners.

“Businesses today face increasingly complex and unpredictable challenges,” said Thomas Powell, chief executive of Bondaval. 

“The tools and solutions designed to support them must be equally adaptive. Together, Bondaval and Swiss Re are building the future of the credit industry, one that is responsive to the opportunities and risks of tomorrow.”

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Bondaval was founded in 2020 by Powell and Sam Damoussi and is now licensed across 30 countries, with teams in London, New York and Dallas.

“For over 160 years, Swiss Re has led the way in risk transfer, also by collaborating with players who shape the future of our industry,” added Katie McGrath, chief underwriting officer at Swiss Re Corporate Solutions. 

“With Bondaval, we have found a new innovative partner who shares our commitment to technical and underwriting excellence which helps us create long-term value for our clients globally.”

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