Chartis Ltd - Credit Insurance Underwriters
Company Overview
Chartis Insurance UK Ltd (formerly AIG Europe Ltd) a world leading US-based international insurance and financial services organisation securitised with US government backing. The company offers credit insurance policies mainly to companies and financial institutions with turnovers in excess of £50M, however, their Whole Turnover or TradeCredit Global policy, covering domestic and OECD debts, is available for companies with a turnover in excess of £20M. The policy includes an aggregate deductible and a high discretionary limit, requiring sophisticated credit management.
Strengths and Differentiators
International underwriter with strong links to the finance sector.
Option to choose non cancellable limits.
Products and Services
Credit Insurance: Whole turnover, Top account, Excess of loss, Global trade credit. Supplier default insurance.
Bonds & Guarantees
Most surety types available to companies with a net worth in excess of £30M requiring lines over £10M.
UK Credit Summary
An underwriter for larger policies and companies with well defined credit management procedures.
Minimum Premium £10,000
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