Innovation intelligence brief

Tradelock (by Euler Hermes, an Allianz company)

United KingdomPure InsurTech

Start-up

We make sure you always get paid. Tradelock offers you the tools and insights your business needs to assess your clients’ risk – and safeguard your company against non-payment. Insure your invoices in minutes and get paid.

What became of it

2026 evolution

Blocked · Low confidence · Last verified 2026-10-17

Research is blocked: there was not enough public evidence to establish what became of this innovation. Nothing below should be read as a verified 2026 status.

Owner: Allianz Trade (formerly Euler Hermes), Allianz Group

As catalogued

Euler Hermes' UK online, on-demand invoice insurance for SMEs and sole traders: businesses could insure selected individual invoices within minutes (from about GBP 5.56 per invoice, invoices of GBP 200-200,000) and get free traffic-light credit-risk insights on customers, distributed directly, via brokers such as PIB and through a Xero app integration.

2026 reality

No evidence of an active Tradelock offer was found. On 2026-10-17 tradelock.co.uk served only a default 'Your new web server is ready to use' placeholder, and the Tradelock listing on the Xero UK app store returned HTTP 404. Parent Euler Hermes rebranded as Allianz Trade in March 2022; Allianz Trade's 2024 UK product relaunch and current UK site found in searches do not mention Tradelock.

What changed

The latest dated material found is a c. 2020 broker flyer (PIB) still marketing Tradelock with cover from Euler Hermes. Whether Allianz Trade closed Tradelock or folded it into another SME product is not documented.

What remains distinctiveAnalysis

an early incumbent experiment with single-invoice, self-service trade credit insurance for small firms; the dead site suggests the stand-alone channel did not survive the Allianz Trade rebrand.

Key milestones

2022-03 rebrandParent Euler Hermes rebranded as Allianz Trade.[4]

Open questions

No closure announcement was found; discontinuation is inferred only from the placeholder website and the removed Xero listing, so company status and strategic evolution are 'unclear'.
Whether Tradelock's single-invoice cover was folded into an Allianz Trade SME product (e.g. its UK online cover range) could not be established.
The 2022 rebrand date of Euler Hermes to Allianz Trade comes from search-result summaries; the Allianz Trade 2024 release itself does not mention Tradelock.

REVIEW · Re-searched Tradelock: no closure notice or post-2020 material found; kept BLOCKED and changed maturity from 'discontinued' to 'unclear', since discontinuation is only inferred from the placeholder site and removed Xero listing.

Research sources (5)

[1] Catalog domain check: default web-server placeholder page ('Success! Your new web server is ready to use') · Direct HTTP check · 2026-10-17 · observation
[2] Tradelock Invoice Insurance Xero app listing (HTTP 404 on 2026-10-17) · Xero · 2026-10-17 · observation
[3] PIB Tradelock Invoice Insurance · PIB Insurance Brokers (via Lancashire Chamber) · 2020-04 · industry
[4] Allianz Trade enters next phase of growth with new Trade Credit Insurance product suite · Allianz Trade · 2024-04-11 · official
[5] Tradelock Makes Sure SMEs Always Get Paid · Coverager · industry

Documented evidence

Evidence gallery

3 ASSETS

Homepage
Homepage
Homepage

Research interpretation

Taxonomy position

Classification paths, as catalogued, connect this example to the original insurance digitalization research models.

Value Network (2017)

Digital Service Provisioning › TC6 Integrating insurance with related services › Integrating insurance with financial services
Insurance Service Development › TC7 Developing services that fulfil customer needs › Niche product

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