Commercial Property

AIG brings you commercial property insurance solutions, deep industry knowledge & local expertise.

We specialise in providing property solutions that protect you against losses arising from damage to your company's physical assets as well as business interruption. With support from specialist claims, risk engineering and risk & loss prevention management services, our Commerical Property insurance product provides extensive tailored property coverage.

Our global presence means we can offer tailor made programs to provide solutions for specific customer needs anywhere in the world, together with logistical support and local market knowledge.

Comprehensive, flexible cover

AIG's expertise and experience enables us to create property damage coverage protection to suit the needs of your business, whether for a specific site or number of sites.

Reducing flow-on effects

Damage to your commercial property can threaten your entire business, especially when cash flow is also interrupted. AIG policies cover not only physical damage, but also loss of income and other expenses for the period.

Global support and expertise

When disaster strikes, your local resources can be under extreme pressure. The ability to call on global resources is one of the key strengths of AIG's international network of claims specialists, and vitally important to get you back up and running as quickly as possible.

A partnership approach

We partner with our brokers and clients through adverse events and economic conditions and help craft solutions that address risk management needs. We help our customers to identify and prioritise their investment in risk improvements. Our disciplined, long-view, partnership approach to property risk creates a new paradigm in the insurance marketplace.

Major claims promise

Once coverage is confirmed, we promise to pay 50% of our share of an agreed estimate for the below elements within seven days:

  1. Property damage / repairs
  2. Clean-up costs
  3. Extra expense / increase cost of working

This gives you immediate working funds for property repair and clean up, as well as other costs, helping you get back on your feet quickly after a major incident. 

Expert risk & loss management services

AIG has a specialist team of risk and loss control engineers to help you identify and reduce potential exposures, lessening the chance of loss and mitigating the impact of unexpected events.

  • Full-service solutions for clients across segments and occupancies from $25 million
  • Comprehensive property insurance with significant capacity
  • Flexible risk management support and loss prevention engineering provided on a global basis

We offer coverage across a wide range of industry sectors, including:

  • Manufacturing
  • Telecommunications
  • Public Entities
  • Education
  • Healthcare
  • Real Estate
  • Retail
  • Transport
  • Other commercial classes

Insurance from the global experts: We can offer programs tailored to meet the specific needs of customers anywhere in the world, backed by AIG’s international network to provide local knowledge and logistical support whenever and wherever it’s needed.

  • Direct access to experienced underwriting decision makers with local authority
  • Deeply specialised worldwide risk engineering capabilities to help identify and reduce exposure to loss
  • Outstanding worldwide catastrophe claims expertise that you can count on when disaster strikes
  • Unparalleled multinational proposition for businesses of all sizes and types

AIG can underwrite property risks with insurable values under $25 million.  See Package SME for more information about our insurance solutions for small to medium sized businesses.