AIG’s Trade Credit insurance covers a broad range of sectors, with a positive outlook on expertise in Bank and Trade Finance Insurance programmes that has assisted companies to trade successfully across the region and beyond.
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According to insurer, the UAE is seen as the ideal launch pad for Trade Credit insurance in the Middle East due to its accelerated GDP growth, its perfect geographical positioning – making it a thriving export market, it’s reasonably stable economy and political environment.
Additionally, the existing local AIG entity, in operation for several years, offers the right infrastructure and support to the organization’s growing Trade Credit footprint.
AIG head of UK Trade Credit, William Clark, said: "AIG’s Trade Credit launch into this market has been encouraged by the advice and support we have received from brokers, banks and critically clients who are enthused by the regions prospects and AIG’s capability to provide solutions that enable trade and safeguard growth. "
"We look forward to serving and extending these relationships further, as well as making new ones in this significant part of the world economy," Clark said.
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