Teams up with PrimeRevenue to help fund non-investment grade businesses

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AIG has teamed up with PrimeRevenue to provide a supply chain finance product for mid-sized companies.

The insurer said the new product will cater for mid-market companies by providing supply chain finance with the credit risk insured by AIG.

It said supply chain finance protection has until now been confined to investment grade companies.

“The inability to get access to low cost working capital is holding back thousands of very well run businesses. Ultimately, it can have a significant impact on the economy as a whole,” said Neil Ross, AIG’s regional manager EMEA trade credit.

“We’re able to extend this advantage to many more businesses.”

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.