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Aerospace Insurance Solutions from AIG

From individual light aircraft to satellites and spacecraft, AIG has been dedicated to the insurance and risk management needs of the aerospace industry for over 65 years, with a proven track record of product innovation.

Our expertise and experience give us the ability to provide specific insurance solutions to address virtually any aviation-related risk. We help our customers manage the financial impact of their losses, using the most cost efficient policies whilst also maintaining the security of the hull of the aircraft.

Local knowledge, global experience

Our specialist Australian-based underwriter has local decision-making authority and is supported by our highly experienced global aviation team and worldwide network. 

Safety and loss control services

AIG has a global network of over 500 engineers as well as a specialist safety and risk management control team. We work closely with our customers to ensure that they have a solid foundation on which to build their own safety programmes, and improve operational risk within their business.  

Significant capacity

Market-leading capacity of up to US$850 million for any one occurrence and up to US$100 million for any one aircraft.

Claims commitment

We have experienced local claims representatives across the world to give immediate support. Protecting our customers’ names, reputations and their customer base is our focus, working quickly and efficiently towards a comprehensive solution.

A trusted partner

Together, AIG Aviation teams insure 80% of the world’s major airlines, airports and manufacturers, along with over 5,000 aircraft each year. We are committed to building a long-term partnership between underwriter, broker, and customer on every risk we underwrite.

We offer a range of policies to meet the insurance and risk management needs of airlines, airports, general aviation, and associated activities.

General Aviation

Cost-efficient and comprehensive cover to address virtually any aviation-related risk from private business and pleasure aircraft through to commercial fleets throughout Australia and the Pacific region.

Aerospace Products Liability

From parts distributors to major aircraft manufacturers, we help our customers safeguard their financial stability as well as their reputation when claims occur.

Airports, grounds handlers, and service providers

We can provide cover for liabilities arising from the operation of airports, private strips, or heliports as well as risks from service providers that operate airside.

Space

We offer individually-designed coverage backed by strong technical expertise and a full understanding of this specialist class.

  • Aerial applications
  • Aerospace product manufacturers, distributors, and maintenance repair and overhaul operations.
  • Airlines
  • Airports
  • Business aircraft and corporate fleets
  • Charter / commercial aircraft
  • Domestic and regional airlines
  • Fixed base operators
  • Helicopters
  • Heliports
  • Modification and repair facilities
  • Personal pleasure aircraft
  • Space