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Trade Credit

Our team underwrites a range of trade credit insurance products to help protect mid-market businesses, large corporations and global businesses against their non-paying clients. 

Meet the UK Trade Credit Leadership Team

Why Choose AIG for Trade Credit Insurance

While most companies protect their tangible assets (buildings, machinery and stock, for example), they often overlook the devastating impact payment failure by one or more key customers can have on their business.

AIG policies insure all or part of companies’ receivables book, enabling businesses to provide credit with confidence. 

The AIG Advantage

Where We Can Help

AIG Trade Credit insurance is for mid-market businesses, large corporations and global businesses, helping protect against their non-paying clients.

Appetite & Sweet Spots

Dual Authority

Many Trade Credit insurers have split “risk” and “commercial” teams, so brokers deal with different people to structure policy terms and underwrite risks. Our underwriters have dual authority and can write policy terms and structure risk decisions, improving responsiveness and making it easier to work with AIG. 

Non-Cancellable Limits

The majority of the Trade Credit market is written on a cancellable basis, our offering is different. Non-cancellable limits give clients contract certainty - knowing they can trade throughout the life cycle of the policy with cover in place. 

Mid-Market

TradEnable+ product with non-cancellable credit limits. Corporate Trade product with cancellable option flexibly structured around clients’ needs. 

Global Reach

Our unified team of Trade Credit underwriters, spanning 25 offices around the world with licenses in 70 countries, offers customised local and global solutions for multinationals.

Excess of Loss

Non-cancellable credit limits and ability to tailor a variety of different policy structures to suit the business needs of the client. 

Trade Finance

Experienced team creating solutions matching funder needs and Capital Requirements Regulation (CRR)/Basel compliance for capital relief. Includes scalable programmes, on and off balance sheet and securitisation structures.

AIG Credit Solutions

AIG Trade Credit insurance helps clients take control of their valuable accounts receivables book. Our credit limits and dedicated trade credit underwriters flexibly works to design, structure and service a program that meets clients’ needs through the economic cycles.

Efficient captive management can be the first step towards structured financing secured upon trade receivables. Our captive programmes solution recognises the need for a policy holder to retain risk for their own account. We offer companies with turnovers over £50m, operational and structural support for self-insured credit risk through our Excess of Loss coverage. 

With TradEnable Xtra captive managers can manage and monitor customer credit limits and ease policy administration using live sales ledger data, making self-insured bad debt reserves easier to manage. 

AIG’s Corporate Trade solution offers tailored cover for non-payment due to the insolvency or default of both domestic and export buyers. We provide cancellable or non-cancellable credit limits and cover for companies who have turnovers over £10m selling on short credit terms.  An appropriate level of Risk Share is applied and aligned with the interests of both parties. In addition to this, Debt Collection Services may be selected, which helps shorten the waiting period on protracted default claims.

TradEnable Xtra is also available, helping our clients monitor customer credit limits and their receivables portfolio. This provides risk insights and making self-insured bad debt reserves easier to manage. 

We offer banks, trading or manufacturing companies cover for failure of a supplier to export commodities or refund an insured’s advance payment (or barter trade agreement), following non-delivery due to insolvency, protracted default, or political risk. Solutions can be tailored to suit the needs of both hard and soft commodities in relation to the production or agricultural cycle. Combining this with customer default cover helps provide full supply chain protection from product source to end customer. 

This solution is for companies with a turnover over £10m selling on short credit terms. It provides key customer cover for non-payment due to insolvency or default of buyers above an agreed level for both domestic and export buyers. Policy options are available with or without a deductible and with cancellable or non-cancellable credit limits and include:

  • Up to 90% indemnity for protracted default, insolvency or political risks and,
  • Debt collection services which helps to reduce the waiting period on protracted default claims.

TradEnable +

TradEnable + is our trade credit product which combines ‘ground-up’ cover with non-cancellable credit limits. It delivers credit limit certainty, minimises policy administration and speeds up the claims process, offering tremendous opportunities to brokers.

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TradEnable® 

Our TradEnable®  portal is easy to use and minimises time spent on policy administration. It’s designed to help with compliance on policy terms and risk management, providing confidence to trade and grow portfolios.

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TradEnable® Xtra

AIG’s award-winning web-based credit management tool designed to set, manage and monitor customer credit limits and ease policy administration using live sales ledger data. 

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Our Credit Leadership Team

View contact information for AIG UK’s Credit leaders.

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TradEnable Xtra

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Our Underwriting Sweetspots

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