It’s hard to believe but it’s been 21 years since LDPA Credit Insurance opened our doors for business on 1st August 1992.
Sat at our desks with their monochrome monitors and our fax machine at the ready, we didn’t need to worry about emails or the internet as these were still technologies of the future. We did, though, have dial up modems delivering data at speeds of 16 kbits / second.
While John and Tom have been at the helm of LDPA Credit Insurance for more than two decades now, most of our fantastic team were still in junior school when the company started trading!
The credit insurance market was dominated by Trade Indemnity (now Euler Hermes) for domestic credit insurance and NCM (now Atradius) for export cover. Insured credit limits could be applied for in writing by fax.
Our fax machine (RIP) was a monster machine that chugged out paper at a tremendous rate in the corner of office but we loved it and nursed it when it was poorly and jammed up, which it did regularly. This was very frustrating but how business was conducted back in 1992! A fax machine and a telephone was all we needed then.
But 1992 was a momentous year, and not just for LDPA Credit Insurance. It was 12 months of huge events that changed the world forever, and to celebrate we’re sharing our memories of 1992 with you:
It’s been a great 21 years for us and here’s to the next 21 years of trading! We hope you’ll join us as we see what the future holds.
Please share your memories of 1992 and working with us all the last 21 years – we’d like to hear from you!
19th August 2013