Inland Marine

What is Inland Marine Insurance?

Transportation & Logistics

  • Target Risk Classes: Motor Truck Carriers (Vehicle Physical Damage [VPD] & Motor Truck Cargo [MTC]), subject to applicable state laws/regulation; warehousing of all National Fire Protection Association (NFPA) commodity class types; third-party logistics (3PL); ancillary exposures (property, equipment, installation, etc.)
  • Broad commodity appetite; up to $25M Per Occurrence / $10M Per Occurrence CAT
  • Ability to combine multiple coverages under one policy/limit/deductible structure
  • Admitted capability using AAIS forms

Construction & Equipment

  • Target Risk Classes: Contractors of all types, oil and gas field service contractors, public entity equipment exposures, contractors equipment rental and sales and port and marine terminal cargo handling equipment
  • Up to $25M in policy limits; $10M for earthquake, flood and named windstorm
  • Business Interruption (BI) coverage available
  • Option for combined program with property and other inland marine coverages

The AIG Advantage

Risk Consulting

  • Multi-faceted Marine Loss Control Engineering team operating worldwide, analyzing exposures and loss histories, and then making the appropriate recommendations to minimize risk.
  • Average 25 years of maritime industry experience; most are licensed master mariners and vessel chief engineers with complementary experience as adjusters and surveyors. 
  • High caliber expertise in all facets of Inland Marine, including transportation, warehousing and contractor’s equipment, applying best practices/industry standards to help reduce risk.


  • Committed to delivering world-class multinational expertise, solutions and service to clients in a globally consistent and seamless fashion.
    One of the largest global networks in the industry, spanning 215+ countries and jurisdictions.
  • Coverage for multinational businesses supporting local, global and controlled master programs.


  • In the event of a first party physical damage claim, once coverage is confirmed, AIG promises to provide the policyholder with immediate working funds of up to 50% of their share of the agreed estimate within 7 days for: property damage/repairs, sue and labor, and debris removal if applicable.
  • OneClaim, a global, end-to-end solution for claims intake, adjudication and management to ensure seamless coordination throughout the claims process.
  • Expedited claims service and settlement process with knowledge of local legislation and international conventions.


Problem Solvers

Issue: The client, a manufacturer of produce processing equipment, was seeking coverage for equipment that it owns and  leases to operating companies around the world.

Solution: AIG provided coverage under a global program for the leased equipment.

Benefits: The insured benefitted from being covered under one global program, which included loss of rental income accruing for the leased equipment.

Creative Solutions

Issue: An insured motor carrier recently completed an acquisition of a logistics firm that had many existing contracts and property and warehouse exposures.

Solution: AIG utilized our personal property evaluation tools and logistical expertise in contract evaluation to put together a combined program for the insured and  the acquired firm.

Benefits: The insured benefitted from consistent deductible application across the program, as well as cross-docking sublimits, assuring seamless coverage across the entities and operations.

Claims Expertise

Issue: An insured construction company sustained a loss to a brand new excavator on a Friday. The loss was submitted by the insured three days later, indicating it was critical to have the unit inspected and repairs started.

Solution: The inspection was assigned to an AIG-approved heavy equipment appraiser the same morning it was submitted.

Benefits: The damaged unit was physically inspected the following day and  repairs were initiated to mitigate  the insured’s down time.

North America Leadership

Michael Nukk

Head of Marine, North America

Ricardo McQuattie

Senior Marine Claims Officer

James Neville

Head of Marine Loss Control Engineering, North America

Downloadable Materials