ProfessionalEdge

Cover for Policyholders who breach their Warranty of Authority by not having authority to render professional services.

Automatic Reinstatement provides for two reinstatements of the Limit of Liability for unrelated claims subsequent to exhaustion of the Policy Limit of Liability and of any excess insurance limits of liability.

Defence Costs available in addition to the Limit of Liability.

AIG has worked hard to improve and provide an exhaustive Professional Services Description across occupation specific wordings in order to clarify the client’s specific business activities.

Reducing reputational damage by consulting with a Public Relations specialist is crucial to limiting damage to a business’s ongoing successful operation.

Under our new ProfessionalEdge policy, AIG offers access to Public Relations specialists. We let the client choose the most suitable consultant and we cover the cost. It’s that simple! (Conditions apply).

Run-off Cover is one of the most overlooked features when considering Professional Indemnity insurance for small businesses. Given the complexity and lack of understanding of claims-made policies, it is often one of the least understood.

To assist in overcoming this, AIG now provides free automatic 84 month run-off cover where there has been a Run-Off Event across most of the ProfessionalEdge product suite, subject to the client meeting certain criteria.