Transportation & Logistics
Construction & Equipment
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.
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.
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.
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.