Protect your invoices

With Hokodo you can check your customers' credit score, select the invoices you want to insure and get paid in time - regardless of whether your customers pay or not.
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Providing peace of mind by protecting your invoices against non-payment

We know cashflow probably keeps you up at night. Late payment of invoices is one of the leading causes of small business failure across Europe.

Although the insurance industry has developed some products to address this problem, these solutions are cumbersome and economically unavailable to small and medium sized businesses. Not anymore thanks to Hokodo.

Our ambition is to bring you peace of mind and give you visibility over your cash. With Invoice Protection, you now have a simple solution against the risk of non-payment.

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Always get paid

Get paid, even if your customer doesn't pay you

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No commitment

No fixed fee, you only pay for what you use

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No more chasing

No chasing overdue invoices: if your client isn't paying, then we'll take care of the debt collection

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So easy to purchase

No forms, no intermediary. Protection is just a few clicks away

Insurance couldn't be simpler

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Select which invoices you want to protect

You can protect a single invoice, or multiple invoices. It’s up to you

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Get paid at least 90% of your invoice value

Even if collections are unsuccessful, we’ll pay you back 90% of what your customer owes you

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Get covered in seconds

Buying cover with Hokodo couldn't be simpler. For invoices under £20,000, we'll get you protected in under 30 seconds

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Rock solid backing

Our policies are backed by Lloyd’s of London, the world’s specialist insurance market, so you can be sure your claim will be paid

Any questions? We have the answers

  • Why does my business need Invoice Protection?

    Late or non payment of invoices by clients is the main reason businesses run into financial distress or become insolvent. Invoice Protection helps you collect your unpaid invoices faster, and protects you in the event that your buyer defaults.

  • How much does it cost?

    The insurance cost depends on your customer’s risk profile. It will typically range between 0.3% and 2% of the invoice value.

  • How much will I get paid?

    Invoice Protection helps protect you against the risk of non-payment. You’re guaranteed to receive at least 90% of the value of your B2B invoice, so long as it is valid.
    In case of non-payment, you can make a claim 45 days after the due date. We will take care of the whole collections and indemnification process. We aim to settle the claim within 15 days, however, this can take longer in the event additional investigation is needed.

  • Are you FCA approved?

    Hokodo Services Ltd is an appointed representative of Innovative Risk Ltd (IRL). IRL is authorised and regulated by the Financial Conduct Authority with FCA registration number: 609155
    Hokodo Services Ltd is a coverholder at Lloyd’s of London, the world's specialist insurance and reinsurance market. The policies are underwritten by certain underwriters at Lloyd’s.

  • What is Hokoscore?

    Hokoscore assesses the level of financial health of a given company in the next 12 months with a number (1 to 5 stars). 5 stars are granted to companies in good financial health and 1 star for companies facing substantial default risks.

  • What do the Hokoscore company ratings mean?

    Each company is rated by Hokoscore on a scale from 1 to 5:
    1 star = Danger
    We do not recommend extending credit terms to this company unless you are really confident that you will get paid.
    2 stars = Caution
    This firm has a weak credit rating. Manage your exposure to this company carefully.
    3 stars = Acceptable
    This firm has acceptable financial health, but you should still ensure you can withstand the costs of any default.
    4 stars = Fair
    This firm has reasonable financial health, though invoice protection can provide additional security.
    5 stars = Excellent
    This firm has strong financial health.

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Get Invoice Protection

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Our trusted partners help us to shape the insurance of tomorrow

The insurance products underwritten and distributed using Hokodo’s technology are backed by the Channel Syndicate, a unit of SCOR Global P&C.

The Channel Syndicate is a business unit of and is supported by SCOR Global P&C, the non-life segment of the SCOR Group (a tier 1 and the world’s fifth largest reinsurer, rated AA- by the leading international rating agencies). In 2017, SCOR’s gross written premiums were €14.8bn, of which Property & Casualty comprised approximately €6bn.

For more information visit: and

Scor Channel

Lloyd’s is the world’s specialist insurance and reinsurance market.

With expertise earned over centuries, Lloyd’s is the foundation of the insurance industry and the future of it. Led by expert underwriters and brokers who cover more than 200 territories, the Lloyd’s market develops the essential, complex and critical insurance needed to underwrite human progress.

Backed by diverse global capital and excellent financial ratings, Lloyd’s works with a global network to grow the insured world – building resilience for businesses and local communities and strengthening economic growth around the world.

Visit for more information.


Founded in 2010, Anthemis is a leading venture capital fund, specialized in financial services and focused on reinventing financial services for the 21st century.

The group works with a diverse group of customers and partners (from startups, VCs to financial institutions) to catalyse and accelerate positive and disruptive change across the financial industry. Anthemis is an investor in Impact 25 companies Flock, Insurdata, Hokodo and Qover.

Visit for more information.


Protect my cashflow

Find out more about Invoice Protection here, or email us at

Shape the insurance of tomorrow
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