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Global Terrorism Insurance

Coverage 

  • Terrorism
  • Sabotage & SRCC
  • Political Violence
  • Business Interruption
  • Cyber-Terrorism

Available Limits

  • Up to USD 2.5 billion of certified & non-certified TRIA limits for clients with localized policies written in the United States
  • Up to USD / EUR 1 billion standalone or embedded even in Central Business Districts (CBD)
  • AIG can extend coverage for Political Violence perils, up to USD/EUR 100 Million worldwide capacity

Capacity

  • Global fronting can be arranged

Minimum Deductable

USD 50,000 PD / 3-5 Days TE

Targeted Classes/ Industries

Real Estate, Education, Financial Institutions, Governmental and Iconic Buildings, Healthcare, Hospitality & Gaming; Aviation, Builder’s Risk, Public Entities, Chemical and Petrochemical Facilities, Manufacturing and Process Industries, Utilities (power, water, sewer, telecom), Transportation, Infrastructure
 

Targeted Geographies

Global

Targeted Classes/Industries

Agriculture, Automotive, Capital Equipment, Chemicals, Computer Hardware, Software, Consumer Electronics, Consumer Goods, Energy, Food, Metals

Targeted Geographies

Global

A terrorist attack can strike anywhere….and at any time. The financial and human losses caused by an act of terrorism can be devastating. AIG can provide worldwide protection for assets that are exposed to acts of terrorism.  We seek to help our clients understand exposures that threaten their business and work with them to create certain practical solutions to minimize these risks and maximize recovery in the event of a loss.

 

In today’s environment, terrorism coverage from a top-rated insurer, complimented by a broad range of specialized services provided by our team of dedicated risk engineers, can help clients manage the ever-changing terrorism risk landscape while maintaining business continuity. These services include:

  • Provide site surveys specifically designed around Terrorism risk, including developing Terrorism related loss estimates
  • Identify certain vulnerabilities and develop practical cost effective solutions to help maintain business continuity
  • Assess certain threats to our client’s operations while assessing the general security environment
  • Recommend design solutions that can be made during new construction to help counter threats
  • Consult with clients to incorporate their individual protection into the overall risk assessment
  • Safety Act Support (US based clients)

The AIG Property Claims Promise affirms that our dedicated team of claims experts will mobilize in rapid response to a covered event and will advance our policyholders up to 50% of an agreed loss estimate within 7 days, giving them the immediate working funds they need for property damage and repairs, clean-up costs and extra expenses.

We help our clients understand the degree of geo-political risk threatening their specific sites with respect to Terrorism and Political Violence perils.

 

Provide up to $1 billion of worldwide Terrorism limits on either a Standalone or Embedded basis, with up to $2.5 billion of TRIA limits for clients with policies covering property, and written within, the United States.

 

In 2002, AIG was the first to offer terrorism insurance following the 9/11 event.

 

IntelliRisk® Services provides clients with 24/7 web-based access to their multinational program’s claims information and claim reporting capabilities, as well as the ability to generate run reports by multiple variables including policy type, country, and date of loss.

 

May extend coverage for political violence perils which include insurrection, rebellion, coup d’état, mutiny, strikes riot civil commotion and malicious damage.  For property within the United States, our policies may cover certified and non-certified acts of terrorism.

 

We can provide coverage on a Primary, Excess or Difference in Conditions basis.

 

Ability to issue local admitted policy for our multinational clients. Clients can count on our support to provide world class services globally. We have local market expertise and on-the-ground resources that span an expansive network of over 200 countries and jurisdictions.


 

Interested in Global Terrorism Insurance?