Risk Solutions

We offer a range of innovative products that protect people and organisations against the unexpected.

What can AIG Philippines do for you?

We bring the global capabilities of AIG to our clients through unique services and tailor-made insurance solutions for the specific needs of Philippine businesses.

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Explore Our Risk Solutions

Tell us how we can help protect what’s most important to you:

  1. Help me protect my business performance
  2. Help me protect my business assets
  3. Help me protect my international operations

Marine

AIG offer flexible, tailored marine insurance coverage for importers, exporters, distributors and manufacturers, vessel charterers/operators, inland marine and marine operations in the Philippines and around the globe.

Marine Liability

Insurance products for transportation companies, stevedores, wharfingers, terminal operators and port authorities, shipyards, repairers, bunkermen, charterers, pilots, and marine contractors worldwide

Financial lines

With over 95 years of experience in helping businesses around the world, we know the various challenges that companies face, and we understand how quickly they can change. AIG’s broad insurance covers are specifically designed to respond to the management exposures of public, private, and non-profit companies.

Directors and Officers Liability Insurance

Directors and Officers has two lines of products: CorporateGuard Premiere, which covers mid to large-sized private and publicly-listed companies, insuring claims against D&Os for alleged breach of duty, neglect, misstatements, errors or omissions. The second one is PrivateEdge, designed for private companies that offer solution for potential liability resulting from action and inaction of the directors and officers, and the employment practice they implement.

Professional Liability Insurance

Covers professionals for their legal liability arising from their expert advice or errors and omissions on the services they provide. Certain types of claims made against them by third parties under civil law. It provides financial coverage to meet the costs of defending legal actions and payable damages.

Cyber Insurance

This is a specially designed solution which addresses the liability of companies arising from data protection laws, the management of personal data, and the consequence of losing corporate information.

Casualty

AIG offer tailored insurance solutions to businesses of different sizes and industries, lifting some of the weight of this public responsibility from your shoulders and safeguarding your company’s profits and reputation should the unexpected happen.

Comprehensive General Liability Insurance

AIG offer tailored insurance solutions to businesses of different sizes and industries, lifting some of the weight of this public responsibility from your shoulders and safeguarding your company’s profits and reputation should the unexpected happen.

Product Liability Insurance

Addresses the Insured’s legal liability that may arise as a result of bodily injury and/or property damage to third parties due to a defect in the products manufactured, distributed, or sold by the Insured after such product has ceased to be in the Insured’s control.

Employer's Liability Insurance

Pays on behalf of the Insured, all sums which the Insured shall become legally obligated to pay as damages because of bodily injury caused by an accident or disease, including death of the Insured’s employee arising out of and in the course of employment.

Contaminated Product Insurance

Provides essential coverage against the direct and indirect costs of a product recall, including specialist consulting services for crisis management, planning, assistance, and loss prevention

Environmental

Clients in various industries are subject to environmental risk and liability, creating a need for comprehensive coverage that addresses their exposures. AIG offers two products under Environmental Impairment Liability that are developed in response to the environmental exposures faced by businesses today.

Pollution Legal Liability Insurance

This policy provides a flexible and comprehensive cover for third party bodily injury, third party property damage, defense costs and clean up costs arising from environmental exposures on or under a scheduled location (On-site), or those migrating from a scheduled location (Off-site). There is also an optional pollution cover for transportation and first party business interruption

Contractors Pollution Legal Liability Insurance

This policy provides cover for contractors for third party bodily injury, third party property damage, defense costs and clean up costs arising from pollution conditions resulting from covered operations or specific works. It can be an annual cover, or a project-specific policy which can be a multi-year coverage concurrent with the project duration (subject to a maximum of 5 years).

Property

With extensive property insurance with market-leading capacity, AIG is ready to cover financial losses arising from covered incidents at your property, helping you to keep your business going even when the unexpected happens.

Property Terrorism/Political Violence Insurance

This policy covers loss or damage arising from an incident caused by acts of Terrorism. Coverage can be broadened to include Political Violence.

Marine

AIG offer flexible, tailored marine insurance coverage for importers, exporters, distributors and manufacturers, vessel charterers/operators, inland marine and marine operations in the Philippines and around the globe.

Stock Throughput Insurance

This policy is often described as a “cradle to grave” cover suited for companies that import, export, and distribute goods. It provides coverage for loss or damage to inventory and goods, all the way through production and to the destination, whether in transit or stored at owned or third party premises.

Project Cargo With Delay in Start-up Insurance

This policy covers goods, merchandise, equipment and interest of every type and description, shipped in connection with a construction project, against loss or damage. There is an option to include delay in start-up cover which indemnifies the project owner for loss of income and fixed expenses, resulting from delay in start-up of commercial operations.

Financial Lines

With over 95 years of experience in helping businesses around the world, we know the various challenges that companies face, and we understand how quickly they can change. AIG’s broad insurance covers are specifically designed to respond to the management exposures of public, private, and non-profit companies.

Commercial Crime Insurance

This policy covers mid- to large-sized public and privately-owned companies engaged in various business areas, other than financial institutions, against dishonest acts of an employee as well as forgery, burglary of safety deposit boxes, and computer fraud on a global basis.

Property

With extensive property insurance with market-leading capacity, AIG is ready to cover financial losses arising from covered incidents at your property, helping you to keep your business going even when the unexpected happens.

Marine Cargo

This policy covers goods moving from point A to point B against accidental loss or damage. Buyers of this policy range from importers, exporters, manufacturers, logistic operators, or project owners (Construction, Infrastructure) to multinational companies seeking tailored insurance solutions that can be for a single location or part of a worldwide master program.

Comprehensive General Liability Insurance

This policy covers the Insured's legal liability for bodily injury and property damage sustained by third parties arising out of an accident in connection with the Insured’s business activities.

Directors and Officers Liability Insurance

Directors and Officers (D&O) Insurance has two lines of products:

Corporate Guard Premiere -This policy covers mid- to large-sized private and publicly listed companies, insuring claims against directors and officers for alleged breach of duty, neglect, misstatements, errors or omissions.

Private Edge -This policy covers private companies and offer solutions for potential liability resulting from action and inaction of the directors & officers

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Producer Compensation
Broker and Agent Compensation: AIG Philippines Insurance, Inc. (“AIG”) values the role of insurance producers in advising and consulting with insurance buyers, and generally compensates them in recognition of their participation in the purchasing process. Please contact your insurance broker or agent to obtain information about the specific compensation they may receive in connection with the issuance of your policy.
Commissions: AIG compensates insurance brokers and agents through commissions of either a specific amount or a percentage of premium set at the time of each purchase, renewal, placement or servicing of a particular insurance policy. From time to time, AIG may enter into agreements with producers to provide additional commission not contingent in nature. All such payments are subject to controls administered by AIG Legal, Compliance and business management.
Contingent Compensation: AIG may also pay contingent compensation to insurance brokers and agents in addition to commissions. Contingent compensation is typically based on criteria such as the volume of new sales, overall production volume, mix of business, or overall profitability of the policies placed by an insurance broker or agent. All such payments are subject to controls administered by AIG Legal, Compliance and business management.
Other Compensation: AIG may also enter into agreements to access information feeds or cause strategic interaction to facilitate business in exchange for a fee. Outside of specific insurance transactions, AIG may also obtain services for which it pays a fee.