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The technology industry is vital to our economy – it is New Zealand’s fastest growing sector, our third largest export earner and the highest per-capita earning industry in the country*.  It is an industry that is sometimes said to thrive on change. Issues like climate change, corporate governance, and cost cutting offer developers opportunities at the same time as they challenge those directly affected.  Cloud computing, online and console entertainment, and the roll out of Ultra-Fast Broadband are among the evolving changes that give us further optimism about the future of this sector.

In this fast-moving sector, it’s crucial that businesses take control of their insurable risks. This means protecting their people and operations from losses and disruptions, but also the new exposures faced when exporting or selling products and programmes overseas, and protecting and defending intellectual property, amongst others.

We offer deep industry knowledge and experience and products that can be tailored to the unique needs of technology companies. With offices in more countries than any other global insurer, we can help New Zealand companies as they expand overseas.  We’re already wherever you want to trade.

* New Zealand Technology Industry Association website www.nztech.org.nz, December 2014.

Products and Services from the Technology & Communications 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.

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.

Property

A full-service risk management solution, including loss prevention engineering and comprehensive property insurance, with market-leading capacity of up to US$1.5 billion.

CyberEdge

Innovative, specialist protection that addresses liabilities arising from data protection laws, the management of personal data, and the consequences of losing corporate information.

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.

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.