Ocean Cargo

• Target Classes: Importers, exporters, manufacturers, wholesalers and distributors who have international transit exposures; general cargo – containerized goods; bulk & break bulk cargo – liquids and dry; project cargo.
• Specialties include multinational controlled master programs, captive fronting, stock throughput and logistics package policies (Freight Pak).
• Capacity:
  • Transit = $50M
  • Storage/Warehouse = $50M (Natcat = $10M per occurrence and in the annual aggregate)
  • Retail Stock Throughput (STP) = $2.5M per location and $10M annual aggregate limit
     
• Minimum deductible: flexible to meet the exposure of each individual risk.
• Consultation regarding selection of transport route, means of conveyance, packaging, security requirements, etc., for special transport risks.

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.
• A verage 25 years of maritime industry experience; most are licensed master mariners and vessel chief engineers with complementary experience as adjusters and surveyors. 
  
• Experts in safely transporting high value/critical project cargo shipments, packaging and handling standards, warehouse security and fire protection and vessel vetting.
  

Multinational

• 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.
  
• Clients have access to innovative technology and tools to help manage their unique Global Marine program.
  

Claims

• In the event of a first party cargo 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.
• Access to 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.