The manufacturing sector is a vast canvas of businesses with different risk profiles demanding individually customised solutions. We believe that these producers, can benefit along the way from better levels of protection and sound risk management advice, positioning them to win and secure more sales.
Success in this sector is increasingly dependent upon businesses meeting and addressing range of emerging challenges. Globally, manufacturing has become increasingly diverse with high tech, premium quality products becoming ever more prominent. Yet, at the same time, more “traditional” output continues to occupy a position of strong significance.
Manufacturers and producers across all spheres have to work harder and smarter to maintain competitiveness. See below for our range of product and service solutions suitable for participants in this sector.
With increasing globalisation, comes greater trade opportunities. And with it, risk to goods in transit. Marine insurance covers this risk and offers the safe transport of material - port to port or warehouse to warehouse.
AIG Commercial Property is a leading provider of property insurance in the marketplace, with up to $1.5 billion of Limit capacity and significant catastrophe capacity available for a wide range of properties worldwide.
Provides cover for recall costs, loss of gross profits and rehabilitation costs following accidental or malicious contamination (actual or threatened). It also provides crisis management planning and loss prevention services through leading international crisis management specialists.
Manufacturers, importers and retailers must ensure that their products are safe for consumers, report any safety concerns to the authorities and take action on any safety matters. Does your product liability cover the real costs of a recall?
Every corporate strategy of combining businesses through Mergers and Acquisitions presents its own set of unique challenges and inherent risks. At AIG, we recognize Mergers and Acquisitions insurance as a highly specialized field of cover. A cover that focuses on aiding the M&A process by protecting certain potential risks that may be likely to occur immediately or at a later date.
Professional Indemnity insurance covers organisations or individuals against alleged breaches of their professional services.
AIG U.A.E.'s Property Terrorism and Sabotage Insurance has been specifically designed to cover the sabotage, terrorism, mutiny, rebellion, insurrection and coup d'état (excluding war and civil war) risks faced by multinational companies operating in countries where these risks are normally excluded from standard insurance programs. Coverage for strike, riot and civil commotion can be included by endorsement.
Worker’s Compensation covers any occupational sickness, accidents arising out of and in the course of employment (work related) including medical expenses and loss of wages for either bodily injury or death of an employee as per applicable Labor Law. Employers Liability pays additional compensation over and above the workmen’s compensation benefits upon court judgment based on negligence on part of the employer
Commercial Automobile Insurance protects businesses owning an auto fleet against risks such as a motor own damage and any third party bodily injury and property damage liability that may arise from an accident Any business that commercially uses automobiles in its operations needs this type of insurance coverage to ultimately protect its bottom line.
Contractors All Risks insurance is designed to provide comprehensive property damage coverage for the myriad of risks that construction projects face from project conception through completion and beyond.
Revolutionary advancements in IT technology has transformed the way companies today manage their business, but have brought with it new and challenging cyber risks. AIG has been at the forefront in understanding these risks and developing a solution that provides all the expertise and financial protection companies need to both protect against the financial losses associated with a data breach or network security failure and to respond swiftly and effectively to manage and mitigate an event. CyberEdge can help mitigate not only the potential financial impact of a data leak, loss or breach, but also the reputational impact and the IT impact because it combines traditional insurance cover with professional consultancy.
The UAE’s unique geographical location has always been a trade hub generating infinite business travel plans. Offering a travel insurance solution targeted at these business travellers, AIG’s Group Travel is custom made to be conveniently appealing to both employee and employer. And with a global support network to match.
Food, drink, cosmetics, pharmaceuticals and tobacco products are susceptible to contamination, both accidental and by deliberate interference through malice for political or financial gain. Such incidents are increasingly common and, when they occur, attract media interest which can have a disastrous impact on the public's confidence in the affected product.
At AIG, we understand that each type of boat and yacht - from runabouts to mega-yachts has a unique set of logistical issues and risks requiring a specialized insurance solution.
Provides excess limits over and above any other underlying liability coverage forms or policies. In addition, it may also include coverage not included or provided in underlying coverage forms or policies.