Commercial Insurance Clarity and Opportunity: Our Capabilities INTRODUCTION | KEY LINES of BUSINESS | CLAIMS
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ASI A COMMERCIAL INSURANCE CLARITY AND OPPORTUNITY: OUR CAPABILITIES INTRODUCTION | KEY LINES OF BUSINESS | CLAIMS CLARITYClarity AND O andPPORTUNIT OpportunityY A vital component to successfully working together is providing clarity about our underwriting appetite. In this brochure, we pinpoint preferred industries and business sectors, and the competitive advantages for each of our product areas, so you can get the best out of AIG Global Commercial Insurance! COLLABORATION Together we can improve your bottom line. We can help you stand out from your competitors, win and retain more clients, and deliver better client service with reduced costs. INTRODUCTION | KEY LINES OF BUSINESS | CLAIMS COMMERCIAL PROPERTY > TRADE CREDIT > AIG MULTINATIONAL > ENVIRONMENTAL > POLITICAL RISK > ENERGY & FINANCIAL LINES > ENGINEERED RISK > CONSTRUCTION > SME PACKAGE > CASUALTY > MARINE > AEROSPACE > SURETY > GLOBAL RISK SOLUTIONS > INTRODUCTION | KEY LINES OF BUSINESS | CLAIMS AIG MULTINATIONAL SOLUTIONS, YOUR WAY HEADLINES KEY SECTORS AIG ADVANTAGE Wherever our clients are today, wherever they want to • Multinational companies in all sectors • A multinational program tailored to unique needs be tomorrow, we give them the protection and service and sizes and preferences, whether local policies, a global they need to do business with confidence. Our flexible, • Companies expanding internationally policy, or a combination, a controlled master collaborative approach and resources enable clients to program. • Captives and risk-managed programs make informed decisions as they secure the multinational • Consistent high-quality underwriting, loss control/ solutions that work best for their organizations. • Asia Pacific based companies engineering and claims services, wherever a • AIG Multinational Philosophy – a practical, flexible expanding regionally and/or globally company operates. and informed approach to best meet & respond to • Cross border opportunities where • Deep local knowledge and expertise, infusing all your clients needs. clients and their advisors seek to facets of a program with local support worldwide. • AIG Multinational training – both online (multi lingual arrange and coordinate insurance in one country and have local policy • Insights and tools that facilitate informed decisions in – English, Chinese, Japanese) and subsequent face managing multinational risks. to face sessions, tailored around mutual multinational issuance and service in another clients/targets • A dedicated team of multinational specialists cross Asia Pacific to partner in multinational targeting, • AIG Multinational Program Design Tool – web based, program design, implementation and service easily accessible tool that provides a framework for client focussed program design discussion & decision making (available in English, Chinese and Japanese) Visit the AIG Multinational Resource Centre > LEARN MORE ASIA PACIFIC KEY LINES OF BUSINESS: AIG MULTINATIONAL COMMERCIAL PROPERTY MARINE TRADE CREDIT SME PACKAGE FINANCIAL LINES ENERGY & ENGINEERED RISK AEROSPACE POLITICAL RISK GLOBAL RISK SOLUTIONS CASUALTY CONSTRUCTION ENVIRONMENTAL SURETY INTRODUCTION | KEY LINES OF BUSINESS | CLAIMS MARKET-LEADING PRODUCTS FROM A WORLD LEADING FINANCIAL LINES INSURER HEADLINES KEY SECTORS AIG ADVANTAGE • Awarded Best Global D&O, Cyber Risk, and • Management Liability • A long-tenured global claims team with the specialization, Employment Practices Liability Insurer in 2013 by - Directors and Officers Liability expertise, and relationships to effectively resolve claims around Global Finance magazine. - Private Edge the world. • Trusted partner of more than 20 million individuals (private and not-for-profit entities) • Global underwriting capacity combined with the broad risk and some of the largest global companies to help them - Crime appetite and financial strength needed to address emerging and stay ahead of the curve of the next cyber breach. - Employment Practices Liability challenging exposures. - Pension Trust Liability • First D&O carrier in the market to offer US $100M in - Kidnap and Ransom • Market-leading, forward-looking products and services tailored global Side-A D&O capacity. to protect clients as their operations change and risks evolve. • Professional Indemnity • Paid over US $2.8BN in claims globally in the first nine - Cyber Liability • Responsive underwriting, loss prevention, and claims teams to months of 2013. - Architects and Engineers react quickly and give guidance when needed, from assessing • One of the largest and most experienced teams in the - Single Projects needs through processing claims. global Mergers & Acquisitions insurance market. - Miscellaneous Professional Services • A committed partner for the long-term, no matter how • Mergers & Acquisitions • Coordinated underwriting excellence to efficiently challenging the environment or risk. adapt and grow with clients as they realize future • Customer Segments opportunities and gain revenue, exposure, or - Multinational Organizations complexity. - Public and Private Companies - Non-Profit Entities • Experience and appetite to offer facilities and schemes - Financial Institutions for small businesses in a wide array of industries. - Small business and SMEs • All Industries LEARN MORE A SIA PACIFIC KEY LINES OF BUSINESS: AIG MULTINATIONAL COMMERCIAL PROPERTY MARINE TRADE CREDIT SME PACKAGE FINANCIAL LINES ENERGY & ENGINEERED RISK AEROSPACE POLITICAL RISK GLOBAL RISK SOLUTIONS CASUALTY CONSTRUCTION ENVIRONMENTAL SURETY INTRODUCTION | KEY LINES OF BUSINESS | CLAIMS P RIMARY AND EXCESS CASUALTY UNDERPINNED BY EXCELLENT LOSS PREVENTION AND CLAIMS HANDLING EXPERTISE HEADLINES KEY SECTORS AIG ADVANTAGE • E xpertise: We have expertise in conventional and non- • Primary, excess, and cat-excess • Strong appetite for medium and large clients - conventional structures; loss sensitive and guaranteed cost; • Non-conventional placements, difficult and helping you win and retain business. multinational and mid-market segments. We have particular potentially catastrophic risks • Dedicated claims specialists for large, complex expertise in construction, energy, healthcare (Workers’ • Multinational risks of all shapes and sizes and express claims so we can deliver the right Compensation), food and beverage, export products liability claims experts, and give your clients the best and niche high risk workers’ compensation programs • Workers’ compensation / Employer liability claims service as quickly as possible. • Loss Prevention: Our specialists are available to assist and • Energy and utilities • Specialist loss control engineers with expertise advise even before a claim occurs in a range of scenarios: • Construction in loss prevention, healthcare, safety, worker safety in healthcare, large Workers’ Compensation (WC) legislation, risk management and mitigation, • Employee accumulation risks including offshore programmes, and other niche WC programmes; food safety and all designed to reduce your clients’ chances of and aircrew recall preparedness for the food and beverage industry; and suffering a loss. consumer safety in product liability. • Manufacturers such as chemicals, minerals, • Strong underwriting focus and loss control metals, electronics and machinery • Claims Network: Best-in-class claims network provides access capabilities makes us an expert and responsive to dedicated account managers and complex claim specialists. • Service industry and financial institutions partner for difficult, challenging and unusual • Construction: Dedicated underwriters with local expertise and • Recall solutions for the food and beverage risks, helping you win and retain key accounts. authority worldwide, seasoned claims staff with broad experience industry with complex and express claims as well as wrap-up programs and other construction-specific specialties. • Hospitality • E xcess Casualty: Mitigate losses by employing AIG’s robust litigation management infrastructure, including expert in-house staff counsel, leading panel counsel, and exceptional litigation strategies (testing defence tactics, guidance on venues, mock LEARN MORE trials, and shadow juries). A SIA PACIFIC KEY LINES OF BUSINESS: AIG MULTINATIONAL COMMERCIAL PROPERTY MARINE TRADE CREDIT SME PACKAGE FINANCIAL LINES ENERGY & ENGINEERED RISK AEROSPACE POLITICAL RISK GLOBAL RISK SOLUTIONS CASUALTY CONSTRUCTION ENVIRONMENTAL SURETY INTRODUCTION | KEY LINES OF BUSINESS | CLAIMS COMMERCIAL PROPERTY INSURANCE FOR A DIVERSE RANGE OF CLIENTS HEADLINES KEY SECTORS AIG ADVANTAGE • Market leading capacity with access • Comprehensive property insurance, risk management, • Market leading capacity - supports 100% of to US$1.5BN for well- protected, and loss prevention engineering providing full-service clients property insurance needs. well-managed risks. solutions for clients across segments and occupancies. • Ensures direct access to experienced underwriting • Insure some of the world’s largest • Large Limits clients with total insurable values (TIV) decision-makers with local authority. most complex organizations. over US$750M. • Deeply specialized worldwide risk engineering • Flexible AIG risk management • Middle Market clients with TIV of US$25 - $750M. capabilities – helps clients identify and reduce support provided on a global basis. • Coverage provided across wide range of industry their exposure to loss. • Global, consistent product and sectors including: Manufacturing, Telecommunications, • A true business continuity partner - provides service capabilities.