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Energy All-Risk Property Insurance

 

There are good reasons to consider Energy All-Risk Property Insurance from AIG

Global energy solutions

Our energy division offers our clients what they need most: deep understanding of their industry, environment and operations, extensive and specialised expertise, innovative solutions, superior loss control capabilities, responsive claims handling, substantial insurance capacity and a truly global reach.

Loss control expertise

Our clients benefit from the experience of our loss control consultants including chemical, fire protection and mechanical engineers. They have dealt with virtually all types of energy, chemical and construction exposures and operations over the years and understand the inherent hazards of each activity type.

Tailored response

Our global network and extensive resources mean that we can arrange protection tailored to your particular operation, whether you require a global programme with locally admitted policies, foreign coverage, or a domestic-only programme.

An insurance partner

With so much at stake in high risk and expensive ventures, the role your insurer plays can be critical, from evaluating and advising on project viability from the outset, through to the provision of cover and essential and cost-containing loss control capabilities throughout the entirety of the project.

Who is it for?

Oil refineries, petrochemical plants, chemical manufacturers and electrical utility companies, mining and process industries.

What is covered?

AIG can create insurance programmes providing coverage for property damage, business interruption, and extra expense may be written for any energy and energy-related businesses.

Loss Control Engineering

AIG is a leading underwriter of onshore property risks for energy and related businesses, 
including:
• oil and petrochemical, chemical and pharmaceutical
• power generation and utilities 
• mining & process industries such as Pulp and paper mills & downstream activities; Steel, aluminum and primary metal mills; Metal working/forging operations and Cement plants
• Construction all risk and Erection all risk
We have one of the industry’s largest and most experienced teams focused on assessing on property and boiler & machinery risks unique to hydrocarbon processing, power generation, pulp and paper, mining, metal production and fabrication. Our highly skilled engineering force is industry experienced and qualified chemical, mechanical, electrical, civil and fire protection engineers. Most of our engineers have an industrial background and are dedicated to a specific discipline. 

We perform comprehensive risk evaluations and recommend solutions that combine cutting edge thinking and common sense practicality to mitigate exposures. 

Situated locally around the world, our engineers also speak the local language and are well versed in local, national and international codes and standards.

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