WTW and Citi partner with Great American Insurance Company to set up insurance-backed receivables financing

WTW and Citi have successfully placed an innovative insurance facility with Great American Insurance Company’s FCIA Trade Credit & Political Risk division, delivering a portfolio based, long tenor Accounts Receivable (A/R) financing solution by combining the benefits of two existing insurance products.

In a joint release, the trio suggested that despite both Long Tenor and portfolio based insured A/R financing having both been employed by financiers for years, the combination brings two new stand-out benefits.

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