Marine

Marine

Comprehensive property, cargo, and liability solutions for both recreational and commercial marine-related businesses and activities.

Marine Value Proposition

AIG Marine has been operating for over 90 years, with presence in 50 countries. The value we bring to our clients is:

  • Relationships, expertise, and service
  • Largest Global footprint to handle Domestic and International needs
  • Coverage crafted by current and former Mariners that understand the risks first hand by our clients.
  • Dedicated Marine Claims team that specializes in Marine Property settlements and Liability litigation, across the globe.
  • Marine Loss Control Engineering - Experienced, Dedicated Loss Control, based on Proactive Loss Prevention, Reactive Loss Control and Communication
  • We round out existing AIG accounts – THINK MARINE in your cross-sell efforts

Focused Growth Products

  • Multinational Programs
  • Inland Marine
  • Marine Liability

Products

  •  Cargo Insurance

           All risk and third party coverage for:

Exporters and importers
Multinational accounts (including captives)
Freight forwarders
Infrastructure projects (including Advanced Loss of Profits “ALOP” and Delayed Start-Up “DSU”)

Comprehensive coverage for goods in transit can be enhanced to include warehouse, storage or consolidation risks. Worldwide master policies, including locally admitted coverage as required, are available.

 

  •  Hull and Protection and Indemnity (P&I) Insurance

Hull and P&I insurance are underwritten for a wide range of risks, including:

Tugs Ferries
Barges Tankers
Builders’ Risk Bulk Carriers
Passenger vessels General Cargo vessels
Supply vessels / crew boats    Roll-on roll-off vessels
Research vessels LNG-LPG carriers

 

  • Inland Marine

Targeting small to medium size risks, including Motor Truck Cargo, Installation Floaters, Contractors Equipment and Builder’s Risk, among others

 

  • Marine Liability Insurance

A wide range of liability coverages tailored for transportation and facility operators, including:

Stevedore’s Liability Charterer’s Liability
Wharfinger’s Liability Excess Marine Liabilities
Terminal Operator’s Liability    Bumbershoot
Ship Repairer’s Liability Bunkering