For many years, we have helped companies increase their sales and manage their working capital by giving them the confidence and flexibility to pursue new opportunities while safeguarding against the impact of buyer default.
Our credit limits are set under the policy and give our clients additional confidence to seek new sales opportunities. The limits provide our clients with the confidence to commit to extending trading terms with their buyers for the duration of their policy with AIG.
Our experienced local team underwrite tailored programme structures crafted to the client's business requirements. Full product support is provided by dedicated underwriters who manage all aspects of the policy.
Our partnership and commitment to understanding our client's business allows us to build in higher discretionary credit limits, within which our clients can decide their own limits for buyers in accordance with credit procedures.
When a company agrees to sell its goods or services on credit to a buyer, it places itself at risk on non-payment. If a buyer does not pay for the goods or services rendered, the effects can be detrimental to the client’s balance sheet, profitability and ultimately its cash flow.
Trade credit insurance provides clients with the accounts receivable protection needed to safeguard themselves against a buyer default due to financial or political events. Our solutions range from policies that insure all or part of a client’s account receivables, coupled the ability to manage and set buy credit limits using online systems.
With AIG as your partner, you can have the reassurance to offer more competitive terms of sale while protecting your credit exposure – allowing you to seek new sales opportunities with confidence.