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The construction industry faces a boom period in New Zealand over the next few years, but the risks faced remain as diverse as ever.  Construction contractors confront complex, often large-scale risks, from a project’s start to finish, with economic and environmental factors increasing in their potential to add costs or time to projects.

AIG has a wealth of experience supporting the construction sector, both in New Zealand and around the world, and our policies reflect the varied nature of the risks faced by the industry. From underwriting to loss control to claims management, we work to build a comprehensive approach to developing our clients’ programmes.

 

Products and Services for the Construction Industry

Corporate Travel

24-hour assistance for employees while overseas on business, as well as protection for businesses for any financial loss caused by serious accidents, illness or delays in travel.

Expat Insurance

Comprehensive protection providing peace of mind for expatriate employees and their families whilst on overseas assignments.

Global Risk Solutions

Innovative, customised solutions to unconventional or complex risks that are either not addressed or addressed inefficiently by traditional insurance or financial markets.

Group Personal Accident

AIG’s Group Personal Accident offers financial assistance for your business, your employees and their families in the event of an employee’s sickness, accidental injury, or even death.

Multinational Solutions

Conduct business across borders with confidence with AIG’s unmatched flexibility to provide either local or global policies incorporating special provisions or unique terms and conditions across a breadth of products.

Political Risk

Seize the opportunities presented by the global marketplace with tailored protection from the potential political, financial, and reputational risks of conducting business in overseas markets. AIG provides Political Risk Insurance to help financial institutions and corporate clients mitigate political risks worldwide.

Professional Indemnity Insurance

Cover for businesses or individuals against alleged breaches of their professional services.

Energy

Tailored protection for energy and energy-related businesses for property damage, including boiler and machinery coverages, business interruption, and extra expense coverage.

General and Products Liability

Covers the costs of legal fees and compensation resulting from an accident or injury caused by business products or activities, ensuring that the injured party receives fair compensation without putting the business at risk.

Gold Complete - Comprehensive Management Liability Insurance

New Zealand’s strongest, most comprehensive management insurance policy. Innovative, flexible cover that recognises the challenges of today, and the opportunities of tomorrow.

Marine

A truly global industry needs a truly global insurer. Comprehensive, flexible marine insurance that combines local knowledge with the expertise of our global network to ensure the best possible protection for goods in transit, as well as for the industry’s vital support services.

Package SME Solutions

Flexible multi-line insurance designed to give small and medium-sized New Zealand businesses the confidence of comprehensive, affordable protection.

PrivateEdge - Management Liability for SMEs

Comprehensive liability insurance designed to protect directors and managers of small to medium-sized New Zealand businesses against a broad range of risks, many of which are often overlooked by management.

Surety

Protects businesses from financial loss should a company be unable to fulfil its contractual obligations. Underwriting, claims, recovery, loss control, and risk management services provided by surety specialists.