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 (CPL)
To cover environmental liabilities arising from a contractor's operations caused by the introduction of new pollution conditions or the exacerbation of existing pollution conditions. Policies can also be taken out by customers on behalf of contractors.
Energy
Tailored protection for energy and energy-related businesses for property damage, including boiler and machinery coverages, business interruption, and extra expense coverage.
Expat Insurance
Comprehensive protection for organisations, providing peace of mind that expatriate employees and their families are well-covered 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.
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.
Solution for Costs and Expenses
AIG’s innovative insurance solution that ring-fences costs and expenses under a separate limit of indemnity, ensuring that defence costs can be paid should a charge prevent payments from the existing insurance limit.
Contractors Operations and Professional Services
Broad cover for environmental professionals. Includes cover for errors & omissions in environmental technical reporting and Contractors Pollution Liability cover for activities carried out on third party sites.
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.
Enviropro New Zealand
Broad operational coverage for business activities across New Zealand, designed for the New Zealand market. It features contracting operations, miscellaneous off-site activities and transportation as standard inclusions.
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
Financial and other assistance for your business, your employees and their families in the event of an employee’s accidental injury or death. Our policies can also be extended to cover loss of income following injury or illness, and respond to a range of other medical events.
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.
Pollution Legal Liability
A menu-driven policy designed to meet individual needs of complex customers across all industries. Coverage for pollution liability is available for site liability, miscellaneous contracting operations and transportation.
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.