Falcon Group unites with Aon for export drive
The specialist financier and the global insurance broker are joining forces to assist UK businesses with export finance solutions.
The specialist financier and the global insurance broker are joining forces to assist UK businesses with export finance solutions.
Specialist financier Falcon Group and global insurance broker Aon have signed a memorandum of understanding (MoU) in order to assist UK businesses seeking export finance solutions. Falcon has been a specialist source of innovative structured solutions for corporates globally since it was formed in 1994 and Aon is one of the insurance market’s main providers of trade credit insurance.
“In today’s current economic climate, it is vital that we do all that we can to boost British exports.” said Will Nagle, chief executive officer (CEO) of Falcon Group. “With continued constraints on global lending, exporters are finding it increasingly difficult to access funding. Our affiliation with Aon could facilitate access to finance for UK businesses.”
Aon Credit International’s chief broking officer, Elizabeth Jenkin added: “Following the Brexit vote and the resulting fall in sterling, UK exports are and will continue to be in strong demand. Aon were early to recognise this and as part of our drive to support the resulting export surge, this collaboration with Falcon could provide our clients with another avenue to pursue when considering the options for the finance of exports.”
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