UK Export Finance has gone live with an online portal that UK firms can use to apply for government-backed export insurance. The export credit agency said the new portal would make it quicker and easier for firms to apply for cover.

Gareth Thomas, Minister for Exports, said: “Exporting can help businesses to grow more quickly and is a driver of UK economic growth. This why the new government is asking UKEF to take action to make exporting easier and more accessible.

“This new online service makes it easier than ever before for SMEs to apply for export insurance, giving them the confidence to take on new contracts around the world.”