Crime and Financial Institution Bonds

What are Crime Insurance and Financial Institution Bonds?

  • Primary and excess coverage options to help mitigate losses due to employee theft or dishonesty, impersonation fraud, fraudulent funds transfer instructions and more.
  • Available limits up to $25M.
  • Sub-limited impersonation fraud coverage to help manage exposure to social engineering risks.
  • Bermuda-based placements for all Financial Lines products available on an excess coverage basis.

Appetite

Appetite for commercial and governmental entities, as well as financial institutions and financial services companies.

The AIG Advantage

Coverage Modernization

  • 40+ years of introducing updated and expanded coverage to address emerging exposures.
  • Claims and underwriting alignment leverages our expertise and vast knowledge base to provide coordinated solutions for insureds.

Multinational 

  • Service delivery in a globally consistent and seamless fashion through one of the largest global networks in the industry, spanning 215+ countries and jurisdictions.

Claims Capabilities

  • “Once in a lifetime” situations handled by 200 in-house claims professionals seeing 25,000+ claims and paying $1.5B in claims annually.
  • Defense counsel from premier law firms with high performance standards based on specific needs.

National Leadership

Mary McIvor

Head of Financial Lines Claims

Allison Barrett

Head of North America, Financial Lines

Downloadable Materials