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Why choose AIG Inland Marine?

AIG Inland Marine provides comprehensive protection for removable equipment and contractor’s plant and equipment.

AIG offers multi product integration with other lines of business for a comprehensive program. Brokers and customers have direct access to the decision makers.

The AIG Advantage

Inland Marine Solutions

This insurance is tailored to cover both registered and unregistered mobile plant, as well as equipment transported to job sites. Key coverage options include Accidental Damage and Road Risk Liability.

With a capacity of up to $50 million in policy limits, there is also an option to integrate this with other lines of business for a comprehensive program.

AIG’s Removable Equipment product is specifically designed to provide broad property damage coverage for a wide variety of assets that are removable or transportable in nature, including whilst at rest, in storage, in use or whilst in transit, with a capability to provide worldwide cover (subject to Sanctions). 

Offering coverage with policy limits up to $25 million, this insurance also provides the opportunity to combine with other business lines for a complete protection plan.

  • Construction equipment
  • Civil contracting equipment
  • Mining
  • Equipment Rental and Sales
  • Directional drilling
  • Viticulture
  • Access equipment

We have strong underwriting appetite for all of the industries above. Other industries and occupations can be reviewed and considered upon further discussion.

AIG Inland Marine Differentiators

  • Delivers customised solutions for clients’ standard or complex risks leveraging a long-established market commitment, Marine expertise and an extensive portfolio

  • Provides flexible proactive solutions through a holistic approach across underwriting, claims and risk consulting 

  • Deploys a consistent, seamless experience supported by local coverage for clients in over 200 countries and jurisdictions

  • Creates solutions tailored to clients’ complex needs utilising industry leading underwriting, global resources, and data & analytics 

  • Sustains a broad appetite to meet the needs of clients with Inland Marine Transportation & Logistics and Mobile Removal & Equipment risk exposures

  • Dedicates a team of Inland Marine underwriters around the world who have the experience and knowledge to provide differentiated client solutions

  • Provides dedicated Marine Loss Control Engineering (MLCE) and Claims resources to help clients understand their risks 

  • Upon coverage confirmation, AIG’s Marine Claims Promise provides funds up to 50% of client’s share of an agreed loss estimate within 7 days for property damage/repairs, sue and labor, and debris removal 

  • Delivers a global, end-to-end solution for clients’ claims intake, adjudication and management to help ensure a seamless claims process

Real-World Problem Solving

Benefit from our proven experience in working with clients and brokers to deliver successful outcomes.

Challenge

A longstanding client with significant losses was up for renewal.

Solution

The AIG Inland Marine team, in coordination with Underwriting, Claims, Distribution, Actuarial, Multinational, and Captives, worked with the client and its broker to understand the program’s goals and provide a mutually beneficial solution.

AIG Benefit

The revamped program enables the client to maintain coverage with a sustainable long-term solution.

Challenge

A construction client sustained a covered loss to a brand-new critical excavator that required a specialised inspection and repair.

Solution

AIG quickly mobilised its dedicated inland marine risk engineers and claims team to appraise the equipment on the same morning the loss was submitted resulting in the prompt inspection and repair of the damaged unit.

AIG Benefit

AIG Marine Loss Control Engineering (MLCE) and Claims teams enabled the client to limit downtime costs and return to business.

Meet Your AIG Inland Marine Team

View contact information for AIG’s product and distribution teams in your region. 

Downloadable Materials

Download PDF [710 kb]

Filename
aig-australia-marine-product-profile.pdf
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709 KB
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application/pdf
Marine Product Profile

Download PDF [203.0 kb]

Filename
aig-au-marine-claims-value-proposition.pdf
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1 MB
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application/pdf
Marine Claims Value Proposition

Download PDF [203.0 kb]

Filename
aig-au-marine-claims-promise.pdf
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1 MB
Format
application/pdf
Marine Claims Promise

The scenarios described herein are offered only as examples. Coverage depends on the actual facts of each case and the terms, conditions and exclusions of each individual policy. Anyone interested in the above product(s) should request a copy of the standard form of policy for a description of the scope and limitations of coverage.