Score of 87.8/100 qualifies for PaymentCheck Certification
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jul 2025 - 31 Dec 2025 | 26 Jan 2026 | 23 | 87% | 12% | 1% | 13% |
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 24 | 84% | 15% | 1% | 16% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 21 | 81% | 18% | 1% | 19% |
| 01 Jan 2024 - 30 Jun 2024 | 23 Jul 2024 | 26 | 66% | 32% | 2% | 34% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 17 | 92% | 8% | 0% | 8% |
| 01 Jan 2023 - 30 Jun 2023 | 21 Jul 2023 | 18 | 92% | 6% | 2% | 8% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 21 | 78% | 20% | 2% | 22% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 19 | 91% | 8% | 1% | 9% |
| 01 Jan 2021 - 30 Jun 2021 | 02 Aug 2021 | 19 | 93% | 6% | 1% | 7% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 12 | 96% | 4% | 0% | 4% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 12 | 96% | 4% | 0% | 4% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Generally, our payment terms are 30 days. However, we do agree shorter terms with some suppliers (i.e. recruitment based invoices).
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
120
Any payment based complaint will initially be handled by the Accounts Payable team and ideally communicated with the supplier within 3-5 days. However, any escalation of this would then involve a member of the senior management team (i.e. CFO). Any final resolution would expect to take place within 10-14 days
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
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Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Arch Europe Insurance Services Ltd is a London-registered company with a non-life insurance business classification. Evidence links it to the Arch Insurance UK Regional Division, part of the wider Arch Capital Group. The division provides insurance solutions for UK businesses, underwritten by regional teams operating from ten locations across the country. Cover lines include commercial combined, property, motor trade, motor fleet, terrorism and sabotage, marine, product liability, property owners, offices and surgeries, and scheme and binder arrangements, alongside risk management and related professional services. The UK operation is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, drawing on underwriting expertise from Arch Capital Group's international and London Market teams.
Generated from the company's website and Companies House records. Sources: archinsurance.co.uk