For 35 years, AIG has helped companies increase their sales and manage their working capital
Is accounts receivable one of your largest assets? Did you know there is insurance for the asset accounts receivable? These are good questions to ask when you think about insurance for your company because accounts receivable exposure is one of the least insured risks. Without protection on your accounts receivable, there may be a gap in perceived risk mitigation if a company’s customer defaults on a payment.
Trade credit insurance provides sellers with the accounts receivable protection needed to safeguard themselves against a customer default due to financial or political events. Our solutions range from policies that insure all or part of a seller’s account receivables book to a host of industry-leading licensed online tools that allow sellers to manage and set customer credit limits using live sales ledger data.
A/R Secure is an innovative trade credit product which combines “ground up” cover with non-cancellable credit limits. A/R Secure is easy to set-up and works by connecting to a client’s accounting package, allowing credit limits to be automatically calculated based on real time payment history or set by an underwriter. The client is not required to undertake any buyer analysis to justify coverage. A/R Secure can also increase productivity, supporting and building on existing credit management procedures.
Whether an OEM or lender, companies offering longer repayment terms are exposed to multiple economic and geopolitical cycles that magnify the risk of non-payment due to customer insolvency, protracted default and political events.
Protection for companies that sell goods or services on credit terms against the risk of non-payment due to buyer insolvency, protracted default, political risks or acts of war that prevent contract performance and failure to perform obligations under contract.
A web-based accounts receivable management tool designed to establish, monitor and revise customer credit limits using live sales ledger data, supplemented where necessary with credit agency data providing a powerful insight to a company's receivables risk portfolio.
Whether a client needs local policies, a global policy, or a combination of both, we can design a controlled master program to provide it.
Credit insurance supporting structured and supply chain finance transactions based on trade receivables.
We have provided trade credit insurance worldwide to a varied client base for over 30 uninterrupted years, giving us decades of experience that have allowed us to develop unparalleled expertise in trade credit claims handling. Whether it was the emerging market debt crisis in the mid 1980's, the Internet bubble of the late 1990's, or the economic crash of 2008, our claims handlers have stayed committed to providing a quick response time for our clients during high volume claims periods.
Our goal has always been to exceed the claims service expectationas of our clients. We remain committed to being an industry leader in claims handling, providing locally available seasoned claims handlers and strategic partners for our clients around the world. Our local claims handlers offer specialized support, including in-depth knowledge of local laws and regulations, and have access to an established and proven network of accounting, litigation and loss control experts.
We have formed several strategic relationships to assist in claims handling and recovery. We are a long-standing member of the Berne Union which provides us with global market intelligence and country risk and portfolio management for the benefit of our clients. We have also formed relationships with debt collection agencies, recovery consultants, bankruptcy monitors and legal counsel focused on achieving loss minimization and maximization of recovery potential.