Inland Marine

What is Inland Marine?

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, contractor’s 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 coverage available

  • Option for combined program with property and other inland marine coverages

Delivers Customized Solutions

Dedicated Risk Engineers and Claims Professionals

Global Footprint in 215+ Countries and Jurisdictions

The AIG Advantage

Committed Global Partner

  • Delivers customized solutions for clients’ standard or complex risks leveraging a long-established market commitment, marine expertise and an extensive portfolio

  • Provides flexible proactive solutions through a holistic approach across underwriting, claims and risk consulting 

  • Deploys a consistent, seamless experience supported by locally admitted coverage for clients in over 215 countries and jurisdictions
     

Why is this important?

AIG Inland Marine is committed to providing clients customized solutions wherever they may be or go.

Specialized Solutions

  • Creates solutions tailored to clients’ complex needs utilizing industry leading underwriting, global resources, and data & analytics 

  • Sustains a broad appetite to meet the needs of clients with Inland Marine Transportation & Logistics and Construction & Equipment risk exposures

  • Dedicates a team of Inland Marine underwriters around the world who have the experience and knowledge to provide differentiated client solutions
     

Why is this important?

AIG Inland Marine’s specialized team enables clients to address their complex global risks.

Risk Consulting and Claims Expertise

  • Provides dedicated Marine Loss Control Engineering (MLCE) and Claims resources to help clients understand their risks 

  • Upon coverage confirmation, AIG’s Marine Claims Promise provides funds up to 50% of client’s share of an agreed loss estimate within 7 days for property damage/repairs, sue and labor, and debris removal 

  • Delivers a global, end-to-end solution for clients’ claims intake, adjudication and management to help ensure a seamless claims process
     

Why is this important?

AIG Inland Marine’s dedicated risk consulting and claims teams help clients understand their risks and  recover from losses.

Why AIG

Committed Global Partner

Issue: A global logistics company faced an unexpected reduction in coverage from its existing carrier.

Solution: Working in partnership with the client and broker, AIG quickly mobilized its global inland marine transportation resources to understand their risk and develop a tailored program.

Benefit: The client maintained inland marine transportation coverages that addressed their unique risks and allowed them to continue operations without interruption.
 

Why is this important?

As a committed global partner, AIG’s Inland Marine team can quickly provide customized solutions for clients domestically and worldwide.

Specialized Solutions

Issue: A longstanding client with significant losses was up for renewal.

Solution: The AIG Inland Marine team, in coordination with Underwriting, Claims, Distribution, Actuarial, Multinational, and Captives, worked with the client and its broker to understand the program’s goals and provide a mutually beneficial solution.

Benefit: The revamped program enables the client to maintain coverage with a sustainable long-term solution.

Why is this important?

AIG Inland Marine draws on vast AIG resources to deliver flexible, creative solutions that meet clients’ specific goals.

North America Leadership

Michael Nukk

Head of North America Marine

Sharon Primerano

Inland Marine - Construction & Equipment Product Lead

Ricardo McQuattie

Senior Marine Claims Officer

James Neville

Head of Marine Loss Control Engineering, North America

Downloadable Materials

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.