중소기업 내국거래 신용보험 발전 방안 연구: 한국의 중소기업 매출채권보험을 중심으로

Abstract

Though there is a private insurance company, SGIC, the cautious approach toward high risk and high cost SME credit insurance has motivated more active intervention of Korean government. Thus, since 2004, Korean government-Small and Medium Business Administration-has started to provide domestic trade credit insurance service for SMEs through CGF. Recently, due to the harsh business environment, SME's need and recognition on the insurance has soared up. However, during the last 10 years, there has not any long-term plan for the government to vitalize the domestic credit insurance system. Thus, this study suggests long-term policy directions of credit insurance for SMEs and major improvements, through an international comparative research on domestic trade credit insurance for SMEs. To overview the trade credit insurance for Korean SMEs, the occurrence and payment rates of accounts receivable are mainly analyzed. And the research has been conducted by the two categories of quantitative and qualitative diagnosis. In this report, for the quantitative diagnosis and comparative analysis, domestic and foreign penetration rates for SMEs, values compared to non-life insurance market and the percentage of GDP are discussed. Furthermore, for the qualitative diagnosis and comparative analysis, figures on the insurance loss ratio, accounts receivable turnover, recognition and SMEs' accessibility to trade credit insurance are discussed. According to this study, the domestic trade credit insurance for SMEs is expected to exceed the sub-national level of European penetration rate in the next 10 years and reach the median-level after 30 years. Also, this study suggests that it is necessary to raise awareness about the trade credit insurance as well as its applicability and reduce insurance loss ratio in order to achieve such quantitative scenario. For this, 17 detailed policy issues are provided.