Mining, Energy & Utilities Industry
From oil and petrochemical to power generation and utilities, our depth and scope enable us to effectively address the insurance and risk management needs of these highly complex and specialised industries.
The risks associated with mining, energy and utilities are complex and diverse, and often high hazard and high risk. We have served the energy industry many years, and understand the specialised legislation, unique duties of care, and sometimes complex systems of management and governance that businesses in the industry face.
We combine our in-depth industry expertise with our outstanding global capabilities to delivery highly flexible risk management solutions tailored to meet your company’s needs.
Products and Services for the Mining, Energy and Utilities Industry
Contaminated Products or Recall Insurance
Innovative crisis management solutions that enable clients to grow their business with confidence, safe in the knowledge that product recall strategies are in place, plans are tested and potential financial losses are appropriately covered.
Contractors Pollution Liability
Contractors Pollution Liability insurance helps to protect contractors against pollution conditions arising from covered operations.
Energy
Tailored protection for energy and energy-related businesses for property damage, including boiler and machinery coverages, business interruption, and extra expense coverage.
Enviropro
Financial protection against the losses that may arise from gradual, sudden and accidental pollution releases. Comprehensive environmental insurance for your business operations in New Zealand or worldwide.
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.
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.
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.
Contractors Operations and Professional Services
Broad coverage for the pollution and professional liability exposures of full-service environmental consultants performing field operations and professional services.
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.
Environmental Impairment Liability
Flexible, comprehensive cover to address the environmental exposures and risks faced by businesses, including clean-up costs, third-party bodily injury and property damage, and legal costs.
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.
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.