AIG Europe Ltd are 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. Their AIG Trade+ policy combines ground up cover with non-cancellable credit limits and works by direct connection to a policy holder’s accounts package. Other structures are also available usually with aggregate first losses in excess on £100,000 coupled to a high discretionary limit.
Strengths and Differentiators
An international underwriter with strong links to the finance sector. They also offer an 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 and Guarantees: Most surety types available to companies with a net worth in excess of £30M requiring lines over £10M.
An underwriter for larger policies and companies with well defined credit management procedures.
*approximate amount only for information purposes. Not published by underwriter.