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Ocean Cargo

  • Capacity:

    • Transit = $50m
    • Storage/Warehouse: $50m (Natcat = $10m per occurence and in the annual aggregate)
    • Retail STP = $2.5m per location (NatCat = $10m per occurence and in the annual aggregate)
  • Minimum deductible: flexible to meet the exposure of each individual risk

  • Minimum premium: $10,000

  • Specialties include multinational controlled master programs, captive fronting, stock throughput and logistics package policies (Freight Pak)

• Broad, flexible risk appetite to underwrite all industries

• Targeting growth with manufacturers, importers, exporters, distributors, high tech, and logistics companies
 

Industry

Preferred Risks

Non-Preferred Risks

Manufacturers/
Distributors/Importers
and Exporters

Broad appetite to cover a wide range of products

• Automobiles requiring vehicle compound coverage

• Livestock

Logistics

3PLs, 4PLs requiring comprehensive coverages including Cargo Legal Liability, Shippers Interest and Warehousing

 

High Tech

Companies that have a risk mitigation culture and value the insights and resources AIG provides in this class

 

Client Risk Solutions (CSR):

Global team of loss control consultants averaging 25 years of experience in the maritime industry to help identify and quantify a client’s unique exposures and help them to minimize their risk.


Multinational:

Committed to delivering world-class multinational expertise, solutions and service to clients in a globally consistent and seamless fashion through one of the largest global networks in the industry, spanning 215+ countries and jurisdictions.


Claims:

• Dedicated Global Marine claims team

• Expedited claims service for claims less than $10,000; unique general average and salvage servicing