Why choose AIG for Private & Non-Profit Management Liability Insurance?
Drawing on 60 years of data and expertise, we provide bespoke management liability insurance solutions to address the risks facing directors and officers of private and non-profit organizations.
We have a broad appetite for organizations that value a long-term partnership with a solution-oriented carrier with sustainable capacity and an integrated claims model.
The AIG Advantage
Market Leadership
AIG draws on 60 years of industry knowledge, resources, and data to provide private companies and non-profit organizations with holistic, innovative coverage solutions across the globe.
Specialized Underwriting with a Broad Appetite
We provide bespoke, client-specific coverage solutions for organizations across sizes and industry sectors, with a renewed focus on smaller private companies.
Exceptional Claims Support
Our integrated claims model provides clients with exceptional service for a smooth, collaborative claims process.
Draws on 60 years of industry knowledge, resources, and data to offer innovative management liability solutions
Engages AIG’s financial strength, specialized underwriting, and integrated claims model to tailor solutions to clients’ industry, company size, and endorsement needs
Provides holistic multinational capabilities with rapid turnaround to help protect clients wherever they operate
Provides bespoke, client-specific, sustainable coverage solutions via AIG’s vast industry experience
Enables AIG to write customized policies for clients of any size across multiple industry sectors with a renewed focus for smaller private companies
Deploys a dedicated team of underwriters across the U.S. who focus on providing best-in-class service to brokers and clients
Utilizes an integrated claims model combining underwriting and claims expertise to provide clients with exceptional service and a smooth, collaborative claims process
Leverages claims expertise and a national network of panel firms to help clients achieve best possible outcomes in the most efficient manner
Enables AIG’s claims professionals to make decisions in a timely manner when response time matters most
Advantages in Action
Challenge
A global non-profit organization sought broad management liability coverage from a carrier with multinational capabilities.
Solution
With deep industry expertise and one of the industry’s largest global networks, AIG quickly quoted coverage based on the client’s unique exposures and coverage needs, including overseas risks.
AIG Benefit
The new client enhanced its risk protection with appropriate coverage and broad global risk management capabilities.
Challenge
When an incumbent carrier declined to offer a renewal option for a fitness industry company, their broker requested a proposal from AIG.
Solution
Despite a difficult insurance purchasing environment for fitness companies, AIG differentiated the client’s risk profile to tailor a sustainable management liability coverage solution.
AIG Benefit
With new coverages in place, the client could resume business as soon as feasible.
Challenge
An early investor in a start-up company filed suit against its former CEO for fraud, breaches of fiduciary duty, and gross mismanagement. Based on the allegations, the company refused to indemnify its former CEO.
Solution
The company’s primary D&O carrier declined to cover the claim, as the plaintiff (a board member) qualified as an insured under the policy and thus triggered the Insured vs. Insured exclusion. AIG covered the claim under the client’s Side-A policy based on the form’s DIC feature.
AIG Benefit
The client was covered by AIG’s Side-A policy with its broad DIC features.
Simplify and streamline your Management Liability and select Professional Liability coverage with PortfolioSelect, AIG’s modular policy form that delivers a tailored, efficient insurance solution for private and non‐profit organizations.
The scenarios described herein are offered only as examples. Coverage depends on the actual facts of each case and the terms, conditions and exclusions of each individual policy. Anyone interested in the above product(s) should request a copy of the standard form of policy for a description of the scope and limitations of coverage.