We can offer financial institutions a suite of solutions that can be customised and tailored to suit their specific needs. Coupled with our strengths in claims and engineering support, our goal is to provide a superior core offering that assists insureds in not just handling, but in pre-emptively managing risk.
Consolidation and vertical integration of financial institutions is resulting in ever increasing sector complexity, while allegations of wrong-doing by industry participants and a steady increase in both frequency and severity of claims have brought urgency and intricacy to risk management arrangements.
We aim to leverage our in-depth understanding of market trends to create and deliver products that address the needs of financial institutions. Search below to learn more about our range of standard and specialty insurance products and services.
CyberEdge covers losses directly resulting from system failures and data breaches. Costs for IT forensic costs are covered as well as legal expenses resulting out of liabilities to third parties. AIG also offers coverage enhancements for network interruption and extortion.
Specifically designed to protect the assets of a company and its directors, managers and employees against the growing risk of personal claims brought about for any number of reasons, including wrongful termination, discrimination, harassment and maintenance of a hostile work environment.
Our flexible insurance package protects expatriates and their families around the world.
Protection against kidnapping for ransom, wrongful detention and in extortion scenarios. Who is it for? Any company with employees either travelling to, or based in, overseas countries particularly Latin America, Asia, Eastern Europe and Africa; cash-rich or high-profile companies operating in Europe or overseas; manufacturers or retailers of consumer goods.
Securities Offering Liability Insurance covers claims arising from offerings. The policy can cover equity or debt issues, both initial and secondary.
Protection of receivables against insolvencies and non-payment
In this area, AIG member companies enjoy the position as world market leaders. Our policies provide protection for insured individuals from personal liability arising from performance of their professional duties.
Primary and Excess programmes designed to meet the insurance needs of European based corporations for domestic and international general and product liability coverage - including cover for North American exposures. Our customers benefit from our technical expertise, significant capacity and service capabilities along with AIG member companies' financial strength and global network.
Financial protection against civil liability for investment advisory services, directors and officers liability insurance in respect of both the investment fund and investment manager; as well as crime cover against the dishonesty of employees and third parties.
AIG offers special insurance solutions for company mergers and acquisitions (M&A), which provide considerable strategic benefits and open up competitive advantages and negotiation leeway for both buyer and seller. Questions regarding pricing are clarified directly and effectively, and the risk profile is minimised.
Insurance programmes focused on multinational, large domestic and upper middle market companies can be tailored to suit clients' needs anywhere in the world, while offering coverage against material damage and business interruption on a specified-perils or all-risk basis. Specialities also include fronting services and reinsurance for Captive-driven programmes.
We offer market-leading terrorism insurance solutions to protect businesses from devastating losses to physical assets resulting from acts of terrorism.
Sale of receivables to financial institutions to improve cash flows