Tailored insurance programs that address the executive risks of U.S.-based public, private, not-for-profit and financial services organizations.
Available coverages include Directors & Officers (D&O) Liability including Side-A Liability, Crime and Fidelity, Employment Practices Liability and Fiduciary Liability.
Prefer financially stable companies that value a long-term carrier partnership with sustainable capacity amid an escalating claim backdrop.
Focused on responsible, sustainable pricing and underwriting through improved risk selection, limits management, attachment points and deductibles.
Bermuda-based placements for all Financial Lines products available on an excess coverage basis.
40+ years of introducing updated and expanded coverage to address emerging exposures.
Claims and underwriting alignment leverages our expertise and vast knowledge base to provide coordinated solutions for insureds.
Service delivery in a globally consistent and seamless fashion through one of the largest global networks in the industry, spanning 215+ countries and jurisdictions.
“Once in a lifetime” situations handled by 200 in-house claims professionals seeing 25,000+ claims and paying $1.5B in claims annually.
Defense counsel from premier law firms with high performance standards based on specific needs.
AIG’s Side-A appetite remains broad across private, public and non-profit entities. We have the ability to provide fresh limits for new directors and officers, including complex situations such as where the company/insured is financially insolvent. AIG’s unique Side-A offering provides insureds not only dedicated, broad limit for directors and officers at the top of the tower, but also broad Side-A coverage throughout their D&O tower when AIG is the primary carrier. For example:
Challenge: An AIG panel counsel firm advising a financially distressed company with multinational exposures identifies a need for D&O coverage in order for the client to add new, high-quality directors to its board.
Solution: Working with the broker, AIG underwrote the exposure and leveraged its multinational footprint to provide coverage for these new directors despite the heightened D&O risk given the company’s financial position.
Benefit: The broker and the law firm solved a significant challenge for the insured and know they can rely on AIG for custom-tailored policies for multi-faceted, complex risks.