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The International Credit Insurance & Surety Association (ICISA) brings together the world's leading companies that provide trade credit insurance and/or surety bonds. Founded in 1928 as the first trade credit insurance association, the current members account for over 95% of the world's private credit insurance business. Surety companies became members of the association from the 1950s. Today, with over EUR 2 trillion in trade receivables insured and billions of euros worth of construction, services and infrastructure guaranteed, ICISA members play a central role in facilitating trade and economic development on all five continents and practically every country in the world.