Product List Bermuda Casualty, Financial Lines, and Global Risk Solutions

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Product List Bermuda Casualty, Financial Lines, and Global Risk Solutions"

Transcription

1 2015 THIS INFORMATION IS INTENDED FOR INSURANCE BROKERS AND OTHER INSURANCE PROFESSIONALS ONLY Product List Bermuda Casualty, Financial Lines, and Global Risk Solutions

2 At AIG, product innovation never stands still. If you want to discuss a product not featured in this brochure please contact your local AIG office. Alternative Solutions Customized, innovative programs that insure complex or unusual risks that are difficult to address in the conventional insurance or financial markets. Captive Management Services Complete range of captive management and consulting services regarding the feasibility, structuring, formation, and overall management of captives with an in-depth understanding of each domicile s regulatory requirements and local business practices. Casualty Primary and excess layers for public and product liability, motor fleet, and employer s liability covers. Includes our award-winning medical and vocational rehabilitation services. Financial Lines Innovative management liability, cyber liability, and specific professional liability protection tailored to fit the individual needs of domestic and multinational organizations. Global Fronting Programs Flexible, efficient programs that insure virtually all types of risks throughout the world while enabling clients to retain some or all of the risk via a captive, rent-a-captive or other protected cell structure, or through a fully funded structure or indemnity program. AIG Multinational solutions are available for certain products which include the following icon: 2

3 Alternative Solutions PRODUCTS COVER MARKET Blended Structures Combining Client Funding and Risk Transfer Provide coverage all over the world for virtually any type of complex or unusual risk that is difficult to insure in the traditional insurance or financial markets. A single program combines client funding of expected losses and the utilization of risk transfer above the funded layer. Large single country and multinational companies, financial institutions, and growing middle market companies in virtually any type of industry. Customized Primary or Excess Risk Transfer Programs Primary or excess insurance all over the world for virtually any type of complex or unusual risk not adequately addressed by the traditional insurance or financial markets. Large single country and multinational companies, financial institutions, and growing middle market companies in virtually any type of industry. Buyouts Enable clients to offset liabilities resulting from a wide array of insurable risks. Large single country and multinational companies, financial institutions, and growing middle market companies in virtually any type of industry. 3

4 Captive Management Services PRODUCTS COVER MARKET Captive Management Services Captive advisory and management services including a complete range of services regarding the feasibility, structuring, formation, management, and operational review of captives, with an in-depth understanding of each domicile s regulatory requirements and local business practices. Mid to large sized single country or multinational companies and financial institutions in virtually any industry wishing to form a new captive or optimize its existing captive program. Our global portfolio ranges from single parent insurance and reinsurance captives, associations, risk retention, and group captives to rent-a-captives, protected cell companies, and segregated account structures. Clients without a captive can experience many of its benefits through participation in AIG s own captive cell facilities in Vermont and Bermuda. 4

5 Casualty PRODUCTS COVER MARKET General Liability Motor / Fleet Multinational solutions include: World Source and World Risk Excess Casualty Product Recall / Contaminated Products Insurance Healthcare Contractually required in many jurisdictions, general liability protects businesses from the costs of accidents, bodily injuries, and property damage sustained by third parties. Specializes in traditional and complex exposures such as products liability and reputation damage. Excess commercial auto, truck, and fleet coverage, helping clients reduce their exposures to accidents and aid recovery afterward. High capacity and a strong commitment to the commercial transportation marketplace; expert underwriters, access to dedicated commercial fleet claims adjusters and loss prevention specialists to create driver safety programs, vehicle maintenance and telematics. High limit casualty coverage solutions to protect businesses against potentially catastrophic losses. We build strong, unified towers of liability protection to meet the sophisticated needs of major corporate clients. Provides cover for recall costs, loss of gross profits, and rehabilitation costs following accidental defect or malicious product tampering (actual or threatened). It also provides crisis management planning and loss prevention services through leading international crisis management specialists. Excess professional liability for healthcare professionals, facilities such as hospitals, out-patient clinics, and device and equipment manufacturers. Specialized coverage enhancements available for industry-specific exposures, including light to industrial manufacturers, food and beverage, building services contractors, general and artisan contractors, financial institutions, government contractors, hospitality and gaming, real estate, retail, and security guards. Light and heavy goods vehicles, couriers and delivery services, corporate fleets, haulage contractors and freight forwarders, rental and leasing agencies. Multiple policy forms available including follow-form, Integrated Occurrence, Claims Made, high limits, and dual form policies. Unparalleled expertise across multiple industry segments including energy, transportation, utilities, construction, manufacturing, healthcare, and retail. In claims AIG Bermuda leverages AIG s worldwide expertise and superior litigation management expertise, including in-house staff counsel, leading panel counsel, and exceptional litigation strategies testing defense tactics, guidance on venues, mock trials, and shadow juries to achieve the most effective claim resolutions and mitigate large losses. Product Recall Insurance intended for food and beverage manufacturers, distributors, wholesalers, or retailers. Access to patient-safety focused loss prevention consultants with clinical, business, and practical experience. Punitive Damages Broad appetite to insure any risk of uninsurable punitive damages worldwide for AIG issued policies, up to $150mn. All AIG policyholders in jurisdictions where punitive damages may be awarded and the product is available for policies, including, but not limited to, Commercial General Liability and General Casualty. 5

6 Financial Lines PRODUCTS COVER MARKET Cyber Liability Comprehensive and innovative risk management protection of Cyber Liability for organizations against sensitive data breaches, computer hacking, dumpster diving, computer viruses, employee sabotage or error, pilferage of information, and identity theft. insurance. Directors and Officers Liability Crime Employment Practices Liability Pension Trust Liability Mergers and Acquisitions Professional Liability Primary Side A and excess protection for an organization (inclusive of its subsidiaries) and its past, present, and future board members, directors, and officers against any actual or alleged breach of duty, neglect, error, misstatement, misleading statement, omission, or act. Protection for an organization and its employees against the dishonest acts of an employee, as well as forgery, safe burglary, and computer fraud. Protection for an organization against employment-related claims resulting from actual or alleged acts of employees such as wrongful termination, harassment, invasion of privacy, and employment-related slander. Protection for an organization and its directors, officers, and employees, who are alleged to have breached their fiduciary duty or made mistakes in the management or administration of employee retirement, pension, and benefit plans. A range of customized products designed to transfer risks in mergers, acquisitions, and related transactions, including Representations and Warranties Insurance (Warranty and Indemnity Insurance), Tax Insurance, Litigation Buyout, and Contingent Liability Insurance. Protection for an organization and its employees against alleged breaches of professional services. insurance for traditional D&O coverage.. insurance. insurance. insurance. financial institutions of all sizes and industries considering a merger, acquisition, or restructure, excess of $15mn of insurance. Architects and engineers, all classes of financial institutions, insurance brokers, management firms, public and private companies, non-profit entities, educational institutions, human services, and solicitors, excess of $25mn of insurance. Punitive Damages Broad appetite to insure any risk of uninsurable punitive damages worldwide for AIG issued policies, up to $150mn. All AIG policyholders in jurisdictions where punitive damages may be awarded and the product is available for policies, including, but not limited to Financial Lines. 6

7 Global Fronting Programs PROGRAMS COVER MARKET Captives Provide flexible coverage for virtually any type of risk anywhere in the world. Range from single-line coverage in one country to complex global structures. Offer local underlyers, claims services, tailored reporting, and risk engineering including substantial risk transfer capacity. Large single country and multinational companies in virtually any industry seeking to: Retain risk. Access AIG s extensive multinational policy issuance, administration, claims handling, and reporting capabilities. Rent-A-Captives, Protected Cell Companies (PCC), and Segregated Account Structures Clients without a captive can experience many of its benefits through participation in AIG s own captive cell facilities in Vermont and Bermuda with flexible coverage: For virtually any type of risk Ranging from single-line coverage in one country to complex global structures Offering local underlyers, claims services, tailored reporting, and risk engineering including substantial risk transfer capacity. Mid-sized single country and multinational companies in virtually any industry seeking to create a compliant insurance program that enables the insured to: Retain risk. Access AIG s extensive multinational policy issuance, administration, claims handling, and reporting capabilities. Fully Funded Structures Provide flexible coverage for virtually any type of risk anywhere in the world. Range from single-line coverage in one country to complex global structures. Offer local underlyers, claims services, tailored reporting, and risk engineering. Single country and multinational companies in virtually any industry seeking to create a compliant insurance program that enables the insured to retain risk. Indemnity Programs Provide flexible coverage for virtually any type of risk anywhere in the world. Range from single-line coverage in one country to complex global structures. Offer local underlyers, claims services, tailored reporting, and risk engineering. Single country and multinational companies in virtually any industry seeking to create a compliant insurance program that enables the insured to retain risk. 7

8 AIG Multinational AIG can provide locally admitted insurance in over 200 countries. Whether you opt for local policies, one global policy, or a controlled master program, our global experience and solutions give you unparalleled advantages. Comprehensive, Holistic Approach AIG Multinational collaborates with you to evaluate numerous factors that can impact your program - and give you flexibility to design multinational insurance that fits the needs, strategies, and preferences of your organization. Together, we consider not only regulatory realities, but exposures, coverage, capital and tax concerns, claims, and proof of insurance needs. So you can make well informed decisions about whether to insure locally or globally. Consistent and Flexible Solutions You can count on efficient, high-quality underwriting, loss control, and claims services throughout our global network. Our exceptionally broad breadth of products spans traditional property and casualty, to the most highly specialized offerings. AIG Multinational experts support the design, implementation, and management of your multinational program from prompt policy issuance, to timely movement of funds worldwide. Local Knowledge and Experience, Worldwide. Our employees worldwide provide local knowledge and expertise to enrich all facets of your multinational insurance program. Wherever your business needs take you, now and in the future, we have a solution to support you. We ve been in this business for more than 90 years. AIG Multinational may not be available in every jurisdiction. Please check with your local representative to confirm. 8

9 Bermuda Region Contacts Anthony M. Philip AIG Bermuda, President & CEO (441) Casualty Alexander Damon Rosati Senior Vice President - Casualty Manager (441) Julie King Vice President - Casualty (441) David Porter Vice President - Casualty (441) Clare Ellison Vice President - Casualty (441) Joan Tolan Assistant Vice President - Casualty (441) Anson Aguiar Underwriter - Casualty (441) Financial Lines David Friston Senior Vice President - Financial Lines Manager (441) Sarah Carr Vice President - Financial Lines Underwriting (441) Susan Outerbridge Vice President - Financial Lines Underwriting (441) Tona Symonds Vice President - Financial Lines Underwriting (441) John Masters Underwriter - Financial Lines Underwriting (441) Global Risk Solutions Brian McNamara Senior Vice President - Global Risk Solutions (441) Stuart Hayes Vice President - Global Risk Solutions (441) Simon Moore Vice President - Global Risk Solutions (441) Jackie Scott Vice President Global Risk Solutions (441) Punitive Damages Alexander Damon Rosati Senior Vice President - Casualty Manager (441) Joann (Josie) Richardson Manager Punitive Damages (441) American International Group, Inc. (AIG) is a leading global insurance organization serving customers in more than 100 countries and jurisdictions. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the United States. AIG common stock is listed on the New York Stock Exchange and the Tokyo Stock Exchange. Additional information about AIG can be found at YouTube: LinkedIn: AIG is the marketing name for the worldwide property-casualty, life and retirement, and general insurance operations of American International Group, Inc. For additional information, please visit our website at All products and services are written or provided by subsidiaries or affiliates of American International Group, Inc. Products or services may not be available in all countries, and coverage is subject to actual policy language. Non-insurance products and services may be provided by independent third parties. Certain property-casualty coverages may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds, and insureds are therefore not protected by such funds.

Transportation Casualty

Transportation Casualty Transportation Casualty From airlines and mass transit to railroads and trucking companies of all sizes, AIG provides admitted and non-admitted insurance programs for a full spectrum of transportation

More information

GLOBAL PROPERTY. Commercial Property START

GLOBAL PROPERTY. Commercial Property START Commercial Property START A LEADER About Global Property AIG s Global Property division brings sophisticated and extensive capabilities to our clients risk management programs. AIG s unrivalled worldwide

More information

BLENDED STRUCTURE Industry Construction

BLENDED STRUCTURE Industry Construction Construction Defect Industry Construction Motivation A homebuilder is required to have evidence of insurance. Market deterioration as a result of a highly litigious environment prompted the homebuilder

More information

Addressing a Corporate Structure Issue

Addressing a Corporate Structure Issue Addressing a Corporate Structure Issue Industry Manufacturing Motivation A manufacturer of safety products believed it had adequate insurance and cash flow to cover its silica claims, but management wanted

More information

Commercial Insurance >

Commercial Insurance > Commercial Insurance AIG Commercial Insurance combines one of the world s farthest reaching property casualty networks with our diversified, multichannel distribution network to offer our customers a broad

More information

Addressing a Corporate Structure Issue

Addressing a Corporate Structure Issue Addressing a Corporate Structure Issue BLENDED STRUCTURE Industry Manufacturing Motivation A manufacturer of safety products believed it had adequate insurance and cash flow to cover its silica claims,

More information

What Are the Roles and Responsibilities of a Captive Manager?

What Are the Roles and Responsibilities of a Captive Manager? Captive Management: What Are the Roles and Responsibilities of a Captive Manager? WWW.CHICAGOLANDRISKFORUM.ORG What Is a Captive Insurance Company? A captive is A separate legal entity created or used

More information

Global Property Construction

Global Property Construction Global Property Construction Overview From Ground-Breaking to Sky-Scraping Every stage of a construction project, from planning and design to final inspections and operation, is accompanied by numerous

More information

Catastrophe-Like Protection for State Lottery

Catastrophe-Like Protection for State Lottery Catastrophe-Like Protection for State Lottery BLENDED STRUCTURE Industry Entertainment Motivation Some numbers are favorites for a great many people and have a higher incidence of being bet than other

More information

Collateral Reduction BUYOUT. Motivation

Collateral Reduction BUYOUT. Motivation Collateral Reduction Manufacturing A manufacturing company s captive insurer maintained letters of credit for its Employer s Liability risks. The parent company wanted to reduce the amount of collateral

More information

Primary Casualty Claims Advantages

Primary Casualty Claims Advantages Primary Casualty Claims Advantages Results Focused Professionals A highly experienced claims team with decades of experience drives better outcomes. Built on years of experience, AIG has developed an unparalleled

More information

AIG Property Casualty

AIG Property Casualty AIG Property Casualty One Of The Few Truly Global Property Casualty Insurance Organizations We have established ourselves as a worldwide market leader in property casualty insurance we look to tomorrow

More information

Excess Casualty. Go above and beyond.

Excess Casualty. Go above and beyond. Excess Casualty Go above and beyond. With the right commercial umbrella insurance policy, you get more than sound coverage. You get the confidence you need to pursue business opportunities in a world where

More information

Clarity and opportunity: our underwriting appetite

Clarity and opportunity: our underwriting appetite Clarity and opportunity: our underwriting appetite U.S. CLARITY Clarity AND OPPORTUNITY and Opportunity A vital component to successfully working together is providing clarity about our underwriting appetite.

More information

Professional Liability / Individual by Design

Professional Liability / Individual by Design Financial Lines THIS INFORMATION IS INTENDED FOR INSURANCE BROKERS AND OTHER INSURANCE PROFESSIONALS ONLY Professional Liability / Individual by Design 1 AIG Professional Liability We have successfully

More information

CASUALTY CASUALTY INSURANCE SOLUTIONS

CASUALTY CASUALTY INSURANCE SOLUTIONS CASUALTY CASUALTY INSURANCE SOLUTIONS CONTENTS Casualty Insurance Solutions 03 Products and coverage extensions 04 Preferred industry segments 04 Casualty Capacity by NAIC code 05 About ACE 05 ACE Global

More information

October 2012. Your world, Insured.

October 2012. Your world, Insured. October 2012 Your world, Insured. Leading The Way We have established ourselves as a world leader in insurance by helping our partners and customers realize their plans for the future. With a long history,

More information

Specialty Risk Protector

Specialty Risk Protector Specialty Professional Liability and Data and Network Security Insurance is a single policy that makes it easy for companies to secure the multi-faceted E&O protection our networked world requires. A simplified,

More information

GLOBAL PROPERTY Loss Prevention Engineering. Next

GLOBAL PROPERTY Loss Prevention Engineering. Next GLOBAL PROPERTY 1 (CONT.) About AIG s division brings sophisticated and extensive capabilities to our clients risk management programs. AIG s unrivalled worldwide network provides a superior platform to

More information

Building a Multinational Insurance Program: When, Why and How

Building a Multinational Insurance Program: When, Why and How Multinational Programs: Building a Multinational Insurance Program: When, Why and How David Valzania Head of AIG Multinational Americas 1.617.330.4419 david.valzania@aig.com www.aig.com/multinational WWW.CHICAGOLANDRISKFORUM.ORG

More information

Zurich Employment Practices Liability Insurance. Responding to the issues employers face today

Zurich Employment Practices Liability Insurance. Responding to the issues employers face today Zurich Employment Practices Liability Insurance Responding to the issues employers face today No matter how well prepared an organization may believe itself to be, in today s environment the potential

More information

Professional Indemnity

Professional Indemnity Allianz Global Corporate & Specialty Professional Indemnity Capability Statement Protecting your clients with a range of professional indemnity products. Professional Indemnity at a glance In an increasingly

More information

RISK WELL REWARDED CAPTIVE INSURANCE AND ALTERNATIVE RISK SOLUTIONS FOR THE MIDDLE MARKET ARTEX RISK SOLUTIONS, INC

RISK WELL REWARDED CAPTIVE INSURANCE AND ALTERNATIVE RISK SOLUTIONS FOR THE MIDDLE MARKET ARTEX RISK SOLUTIONS, INC SM RISK WELL REWARDED CAPTIVE INSURANCE AND ALTERNATIVE RISK SOLUTIONS FOR THE MIDDLE MARKET ARTEX RISK SOLUTIONS, INC For many years large corporations have used alternative risk transfer strategies to

More information

Zurich Public Sector Solution

Zurich Public Sector Solution Zurich Public Sector Solution Solutions for an Evolving Public Sector Managing risk for a Public Sector entity has taken on an unprecedented level of complexity. Consider for a moment the evolving risks

More information

New zealand Commercial Insurance. Clarity and opportunity: our capabilities

New zealand Commercial Insurance. Clarity and opportunity: our capabilities New zealand Commercial Insurance Clarity and opportunity: our capabilities INTRODUCTION KEY LINES OF BUSINESS CLAIMS CLARITY Clarity AND OPPORTUNITY and Opportunity A vital component to successfully working

More information

INVESTMENT FUND MANAGEMENT AND PROFESSIONAL LIABILITY COVERAGE PART

INVESTMENT FUND MANAGEMENT AND PROFESSIONAL LIABILITY COVERAGE PART INVESTMENT FUND MANAGEMENT AND PROFESSIONAL LIABILITY COVERAGE PART THIS IS A CLAIMS MADE COVERAGE PART WITH DEFENSE EXPENSES INCLUDED IN THE LIMIT OF LIABILITY. PLEASE READ AND REVIEW THE POLICY CAREFULLY.

More information

NEW ZEALAND COMMERCIAL INSURANCE CLARITY AND OPPORTUNITY: OUR CAPABILITIES

NEW ZEALAND COMMERCIAL INSURANCE CLARITY AND OPPORTUNITY: OUR CAPABILITIES NEW ZEALAND COMMERCIAL INSURANCE CLARITY AND OPPORTUNITY: OUR CAPABILITIES INTRODUCTION KEY LINES OF BUSINESS CLAIMS CLARITY Clarity AND OPPORTUNITY and Opportunity A vital component to successfully working

More information

Understanding Captives and Alternative Risk Transfer

Understanding Captives and Alternative Risk Transfer Understanding Captives and Alternative Risk Transfer Putting your insurance premiums to work for you Managing risk as you manage your bottom line What do Verizon, Coca-Cola, BP and most Fortune 500 sized

More information

Clarity and opportunity: our capabilities

Clarity and opportunity: our capabilities Asia Commercial Insurance Clarity and opportunity: our capabilities CLARITY Clarity AND OPPORTUNITY and Opportunity A vital component to successfully working together is providing clarity about our underwriting

More information

AIG, today and tomorrow THE COMPANY AT A GLANCE

AIG, today and tomorrow THE COMPANY AT A GLANCE AIG, today and tomorrow THE COMPANY AT A GLANCE 130 + Countries where AIG operates 90 + Years in operation $ 66 BILLION AIG s revenue in 2012 $ 6.7 MILLION Donations from AIG s Matching Grant Program to

More information

CYBER LIABILITY. Bring on tomorrow. Network Security and Privacy. May 15, 2014

CYBER LIABILITY. Bring on tomorrow. Network Security and Privacy. May 15, 2014 CYBER LIABILITY Network Security and Privacy Bring on tomorrow May 15, 2014 1 AGENDA I. Identify Exposures II. Identify how a breach can occur III. The Coverage (Third Party Liability + First Party Losses)

More information

ACE Renewable Energy

ACE Renewable Energy ACE Renewable Energy Powering Insurance Solutions ACE Renewable Energy A Leading Provider of Insurance for Renewable Energy Production ACE USA specializes in Renewable Energy insurance solutions for diverse

More information

Our specialist insurance services for Professionals risks

Our specialist insurance services for Professionals risks Our specialist insurance services for Professionals risks Price Forbes & Partners is an independent Lloyd s broker based in the heart of London s insurance sector. We trade with all of the major international

More information

ASSOCIATION LIABILITY Broker Information. innovative insurance protection

ASSOCIATION LIABILITY Broker Information. innovative insurance protection ASSOCIATION LIABILITY Broker Information innovative insurance protection BROKER HIGHLIGHTS We Know Non-Profits: Through our strong links with the social service and community sector Rosser Underwriting

More information

Passport for Financial Lines

Passport for Financial Lines Passport for Financial Lines Established markets already have layers of constantly-shifting regulations, emerging economies are introducing new risks and challenges. Multinationals must be well equipped

More information

NonProfit 101. Notes: Session 1B: Insurance, What you do not know can hurt you! From Survivability to Sustainability. June 10, 2015 Session 1B page 1

NonProfit 101. Notes: Session 1B: Insurance, What you do not know can hurt you! From Survivability to Sustainability. June 10, 2015 Session 1B page 1 Session 1B: Insurance, What you do not know can hurt you! Notes: June 10, 2015 Session 1B page 1 Session 1B: Insurance, What you do not know can hurt you! Notes: June 10, 2015 Session 1B page 2 June 10,

More information

GLOBAL PROPERTY. Energy and Engineered Risk START

GLOBAL PROPERTY. Energy and Engineered Risk START PROPERTY and Engineered Risk START Oil Rig About AIG s division brings sophisticated and extensive capabilities to our clients risk management programs. AIG s unrivalled worldwide network provides a superior

More information

UK Healthcare Team RISK AND INSURANCE SOLUTIONS FOR THE HEALTHCARE INDUSTRY

UK Healthcare Team RISK AND INSURANCE SOLUTIONS FOR THE HEALTHCARE INDUSTRY UK Healthcare Team RISK AND INSURANCE SOLUTIONS FOR THE HEALTHCARE INDUSTRY Healthcare providers need a strategic partner with an in-depth understanding of the complexities of the healthcare industry.

More information

Global Property Energy and Engineered Risk

Global Property Energy and Engineered Risk Property Energy and Engineered Risk About AIG s Property division brings sophisticated and extensive capabilities to our clients risk management programs. AIG s unrivalled worldwide network provides a

More information

THIS INFORMATION IS INTENDED FOR INSURANCE BROKERS AND OTHER INSURANCE PROFESSIONALS ONLY. Product List Canada NEXT

THIS INFORMATION IS INTENDED FOR INSURANCE BROKERS AND OTHER INSURANCE PROFESSIONALS ONLY. Product List Canada NEXT 2015 THIS INFORMATION IS INTENDED FOR INSURANCE BROKERS AND OTHER INSURANCE PROFESSIONALS ONLY Product List Canada At AIG, product innovation never stands still. If you want to discuss a product not featured

More information

INSURANCE INDUSTRY LEADERS LAUNCH MICRO INSURANCE CONSORTIUM. Collaborative Innovation Serves the Risk Management Needs

INSURANCE INDUSTRY LEADERS LAUNCH MICRO INSURANCE CONSORTIUM. Collaborative Innovation Serves the Risk Management Needs NEWS RELEASE Media Contact: Edward L. Dandridge Marsh & McLennan Companies +1 212 345 9751 ed.dandridge@mmc.com Investor Contact: Keith Walsh Marsh & McLennan Companies +1 212 345 0057 keith.walsh@mmc.com

More information

From idea through installation, The Hartford provides comprehensive solutions to renewable energy companies. Prepare. Protect. Prevail.

From idea through installation, The Hartford provides comprehensive solutions to renewable energy companies. Prepare. Protect. Prevail. TECHNOLOGY & LIFE SCIENCE PRACTICE RENEWABLE ENERGY From idea through installation, The Hartford provides comprehensive solutions to renewable energy companies. Business Insurance Employee Benefits Auto

More information

COMPENSATION GUIDE FOR US CLIENTS

COMPENSATION GUIDE FOR US CLIENTS COMPENSATION GUIDE FOR US CLIENTS ABOUT MARSH Marsh is a global leader in insurance broking and risk management. Marsh helps clients succeed by defining, designing, and delivering innovative industry-specific

More information

When the big test comes, will your insurance provider have the right answers?

When the big test comes, will your insurance provider have the right answers? When the big test comes, will your insurance provider have the right answers? ForeFront Portfolio SM for Not-for-Profit Educational Institutions Five Insurance Solutions for Critical Educational Risks

More information

FINANCIAL LINES & VENTURE CAPITAL INSURANCE FAQS

FINANCIAL LINES & VENTURE CAPITAL INSURANCE FAQS FINANCIAL LINES ACE elite PRIVATE EQUITY & VENTURE CAPITAL INSURANCE FAQS 1 The new elite wording is a package policy comprising: Directors & Officers Liability Insurance (D&O) Outside Directors Liability

More information

Overview of Insurance

Overview of Insurance Overview of Insurance Definitions and Terms Client/Agent Relationship Agent A person or organization who/that is authorized to act on behalf of another. An insurance agent is a person or organization who/that

More information

As per your request for a Blanket Crime Policy quote, and based upon the renewal information submitted, we are pleased to quote the following:

As per your request for a Blanket Crime Policy quote, and based upon the renewal information submitted, we are pleased to quote the following: National Union Fire Insurance Company of Pittsburgh, Pa. 32 Old Slip Financial Square New York, NY 10005 (646) 857-2358 hema.sadarangani@aig.com January 11, 2013 DEREK LAKIN LOCKTON COMPANIES LLC 1185

More information

Insurance basics for nonprofit organizations

Insurance basics for nonprofit organizations Insurance basics for nonprofit organizations Updated: July 2012 This document is intended as general and abbreviated guidance for nonprofit organizations. Because every organization s insurance needs are

More information

Puerto Rico Insurance Summit

Puerto Rico Insurance Summit Puerto Rico Insurance Summit Untapping New Opportunities Captive Insurance Kathleen Waslov, Senior Vice President, Willis Global Captive Practice Agenda What is Captive Insurance? Why do companies form

More information

UK Healthcare Team RISK AND INSURANCE SOLUTIONS FOR THE HEALTHCARE INDUSTRY

UK Healthcare Team RISK AND INSURANCE SOLUTIONS FOR THE HEALTHCARE INDUSTRY UK Healthcare Team RISK AND INSURANCE SOLUTIONS FOR THE HEALTHCARE INDUSTRY As a healthcare provider, you need a risk and insurance adviser with an in-depth understanding of the complexities of the healthcare

More information

Dragonshield Proposal Form Broad Form Management Liability Insurance

Dragonshield Proposal Form Broad Form Management Liability Insurance AIG Insurance Hong Kong Limited Dragonshield Proposal Form Broad Form Management Liability Insurance Notices: In underwriting your application for coverage, the insurer will rely upon the accuracy and

More information

Chubb North America Major Accounts

Chubb North America Major Accounts Chubb North America Major Accounts Contents Chubb North America Major Accounts 03 Core Coverages and Services 04 Specialty Coverages 07 Industry Practices 08 Claims 08 Technology 09 Service 09 Middle Market

More information

Insurance Coverage During the Economic Crisis. by Bianca R. Chapman and Marc Rosenthal

Insurance Coverage During the Economic Crisis. by Bianca R. Chapman and Marc Rosenthal Insurance Coverage During the Economic Crisis by Bianca R. Chapman and Marc Rosenthal The current financial crisis has resulted in unprecedented market volatility, credit concerns, market losses and bankruptcies

More information

Chubb Commercial Excess and Umbrella Insurance

Chubb Commercial Excess and Umbrella Insurance Chubb Commercial Excess and Umbrella Insurance Chubb Commercial Excess and Umbrella Insurance It s no secret that rapid changes in technology and an increasingly litigious society have created new and

More information

What are Captive Insurance Companies?

What are Captive Insurance Companies? What are Captive Insurance Companies? Captives offer unparalleled benefits for the companies that use them. They allow a company to obtain insurance coverage that is tailored to its unique risks, rather

More information

Conway West Real Estate & Retail Solutions

Conway West Real Estate & Retail Solutions Conway West Real Estate & Retail Solutions Service Team Team Leader Whether it s lessor s risk, habitational, retail or warehousing we have the market and experience to customize creative and competitive

More information

Global Logistics Practice. World-Class Global Logistics Risk Management. Aon Risk Solutions Aon Broking

Global Logistics Practice. World-Class Global Logistics Risk Management. Aon Risk Solutions Aon Broking Global Logistics Practice World-Class Global Logistics Risk Management Risk. Reinsurance. Human Resources. Empower Results 1 What is Logistics? Logistics refers to the part of the supply chain that plans,

More information

Providing group personal excess liability insurance to a unique group of professionals. Group Personal Excess Liability Insurance

Providing group personal excess liability insurance to a unique group of professionals. Group Personal Excess Liability Insurance Providing group personal excess liability insurance to a unique group of professionals Group Personal Excess Liability Insurance W ith the number of personal lawsuits growing at an alarming rate, professionals

More information

Management Alta s team of professionals set us apart. Our associates are CPAs, attorneys, business, and insurance professionals with the most

Management Alta s team of professionals set us apart. Our associates are CPAs, attorneys, business, and insurance professionals with the most Management Alta s team of professionals set us apart. Our associates are CPAs, attorneys, business, and insurance professionals with the most extensive, sophisticated experience in the Captive industry.

More information

Real Estate Industry Practice Group

Real Estate Industry Practice Group Partners in Industry Industry Practice Group Real Estate Industry Practice Group With more than 40 years of experience and commitment to the real estate industry, AIG delivers extensive expertise, substantial

More information

Zurich Corporate Directors & Officers Liability Insurance: Zurich D&O Select. Raising the bar

Zurich Corporate Directors & Officers Liability Insurance: Zurich D&O Select. Raising the bar Zurich Corporate Directors & Officers Liability Insurance: Zurich D&O Select Raising the bar Zurich s Corporate Directors & Officers Liability insurance Zurich D&O Select is here to help. A changing national

More information

Insurance Solutions for Health Care Organizations

Insurance Solutions for Health Care Organizations Insurance Solutions for Health Care Organizations Is your organization at risk? A health care organization s complex exposures require expert, state-of-the-art insurance protection. Fortunately, Chubb

More information

What You May Not Know About Sanctions (And How It Can Hurt You) by: Rajika Bhasin Counsel, Global Markets AIG

What You May Not Know About Sanctions (And How It Can Hurt You) by: Rajika Bhasin Counsel, Global Markets AIG What You May Not Know About Sanctions (And How It Can Hurt You) by: Rajika Bhasin Counsel, Global Markets AIG What You May Not Know About Sanctions (And How It Can Hurt You) Introduction Companies navigating

More information

CyberEdge. End-to-End Cyber Risk Management Solutions

CyberEdge. End-to-End Cyber Risk Management Solutions CyberEdge End-to-End Cyber Risk Management Solutions In a rapidly changing landscape, CyberEdge provides clients with an end-to-end risk management solution to stay ahead of the curve of cyber risk. CyberEdge

More information

THE WILLIS LAW FIRM PRACTICE

THE WILLIS LAW FIRM PRACTICE THE WILLIS LAW FIRM PRACTICE There are few professions more demanding than the practice of law. Law firms will tell you that they have zero tolerance for mistakes. Managing risks at law firms requires

More information

2015 Travelers Business Risk Index. Findings from a survey of U.S. business risk decision makers May 2015

2015 Travelers Business Risk Index. Findings from a survey of U.S. business risk decision makers May 2015 2015 Travelers Business Risk Index Findings from a survey of U.S. business risk decision makers May 2015 Contents executive summary 2 Rising medical and benefit costs 3 Cyber risks 3 Legal liability 4

More information

Errors & omissions Product overview. get there together

Errors & omissions Product overview. get there together Errors & omissions Product overview get there together Errors & Omissions Professional Lines Targeting Errors & Omissions Accounts Our goal is to provide a market for insurance that covers hard-to-place

More information

The Art of Taxation for Multinational Insurance Programs LGL008

The Art of Taxation for Multinational Insurance Programs LGL008 The Art of Taxation for Multinational Insurance Programs LGL008 Speakers: Peter Paternostro, Senior Vice President & Tax Counsel, Multinational, AIG Erin Scott, Vice President, Global & Enterprise Risk

More information

Errors & omissions Product overview. get there together

Errors & omissions Product overview. get there together Errors & omissions Product overview get there together PROFESSIONAL LIABILITY Professional Lines Argo Pro: A Leading Specialist in Professional Liability Lines Argo Pro is part of Argo Group s E&S segment,

More information

CYBER & PRIVACY INSURANCE FOR FINANCIAL INSTITUTIONS

CYBER & PRIVACY INSURANCE FOR FINANCIAL INSTITUTIONS CYBER & PRIVACY INSURANCE FOR FINANCIAL INSTITUTIONS 1 As regulators around the world move to tighten compliance requirements for financial institutions, improvement in cyber security controls will become

More information

Your Global Partner in International Private Medical Insurance. Expatriate Care Playbook

Your Global Partner in International Private Medical Insurance. Expatriate Care Playbook Your Global Partner in International Private Medical Insurance Expatriate Care Playbook AT A GLANCE 95+ Years in operation 90M Clients served by AIG companies 99.6% Fortune 500 companies AIG serves ~65,000

More information

Beyond Data Breach: Cyber Trends and Exposures

Beyond Data Breach: Cyber Trends and Exposures Beyond Data Breach: Cyber Trends and Exposures Vietnam 7 th May 2015 Jason Kelly Head of Asia Financial Lines AIG Agenda Why do companies need cyber protection Example of Cyber attack worldwide and in

More information

Directors & Officers Liability Insurance Financial Institutions

Directors & Officers Liability Insurance Financial Institutions AIG CorporateGuard SEC Schedule Directors & Officers Liability Insurance Financial Institutions Policy Number 1 Policyholder 2 Registered Address 3 Policy Period From: Inception Date To: Expiry Date 00.01

More information

our promises. Our policies are Claims Management Highlights Panel Counsel Depth in Leadership. Trusted Partnership. Fold Fold

our promises. Our policies are Claims Management Highlights Panel Counsel Depth in Leadership. Trusted Partnership. Fold Fold Our policies are our promises. Claims Management Highlights Efficient, effective and timely communications between the insured, the broker and the Ironshore claims department Expedited claims acknowledgment

More information

Achieving Cyber Resilience. By Garin Pace, Anthony Shapella and Greg Vernaci

Achieving Cyber Resilience. By Garin Pace, Anthony Shapella and Greg Vernaci Achieving Cyber Resilience By Garin Pace, Anthony Shapella and Greg Vernaci Cyber security has become the single most important risk to company Boards of Directors around the world. This is not a surprise

More information

PrivateEdge Plus: Market-leading management and professional liability coverage package for private companies.

PrivateEdge Plus: Market-leading management and professional liability coverage package for private companies. PrivateEdge Plus: Market-leading management and professional liability coverage package for private companies. PrivateEdge Plus PrivateEdge Plus is a flexible insurance package that allows private companies

More information

COMMERCIAL INSURANCE ASIA

COMMERCIAL INSURANCE ASIA Contact Us COMMERCIAL INSURANCE ASIA Clarity and opportunity: our capabilities INTRODUCTION CLAIMS KEY LINES OF BUSINESS Contact Us CLARITY Clarity AND OPPORTUNITY and Opportunity A vital component to

More information

property owners Property insurance and rental protection

property owners Property insurance and rental protection property owners Property insurance and rental protection 1 Between 1990 and 2006 Ireland s property sector grew faster than that of any other developed economy. A period of intense growth in the Irish

More information

Key Focus Areas. Casualty - continued. Alternative Risk. Casualty

Key Focus Areas. Casualty - continued. Alternative Risk. Casualty Key Focus Areas At AIG, we have one of the widest product ranges in the insurance industry to meet your needs. We monitor exposure trends and create products to help your business stay ahead of the curve.

More information

Cyber Risks and Insurance Solutions Malaysia, November 2013

Cyber Risks and Insurance Solutions Malaysia, November 2013 Cyber Risks and Insurance Solutions Malaysia, November 2013 Dynamic but vulnerable IT environment 2 Cyber risks are many and varied Malicious attacks Cyber theft/cyber fraud Cyber terrorism Cyber warfare

More information

NEW Insurance Classes 2012 Schedule

NEW Insurance Classes 2012 Schedule NEW Insurance Classes 2012 Schedule CPCU 560 Financial Services Institutions Fee $250 January 25-May 23 rd, Wednesdays Manage risks more effectively by learning the unique risks faced by financial institutions

More information

Media Liability Insurance

Media Liability Insurance Media Liability Insurance Media Liability Insurance A highly responsive solution to a fast moving media world. By its very nature, the media industry is fast moving, dynamic and constantly evolving. Development

More information

Below is a general overview of Captives with particular information regarding Labuan International and Business Financial Centre (Labuan IBFC).

Below is a general overview of Captives with particular information regarding Labuan International and Business Financial Centre (Labuan IBFC). LABUAN CAPTIVES Below is a general overview of Captives with particular information regarding Labuan International and Business Financial Centre (Labuan IBFC). Kensington Trust Labuan Limited is a licensed

More information

RISK CONTROL SERVICES. Global Specialty Lines

RISK CONTROL SERVICES. Global Specialty Lines RISK CONTROL SERVICES Global Specialty Lines RSA Risk Control a continuum of service Risk is everywhere. That is an undisputable fact. But how you manage or control risk is the key to protecting your people,

More information

MANAGEMENT PROTECTION- E-TRADED

MANAGEMENT PROTECTION- E-TRADED MANAGEMENT PROTECTION- E-TRADED Managment Protection etraded RSA: protecting the decision makers RSA: PROTECTING THE DECISION MAKERS Directors, officers, charity trustees and Directors, managers officers,

More information

Comprehensive Coverage for Not-for-Profit Organizations

Comprehensive Coverage for Not-for-Profit Organizations CHUBB SPECIALTY INSURANCE Comprehensive Coverage for Not-for-Profit Organizations Including Directors and Officers Liability (D&O), Employment Practices (EPL), and Fiduciary Liability (FL) Insurance Solutions

More information

Are You Covered? Understanding Vendor Endorsements and Harmonizing Risk Transfer Arrangements. Kevin B. Dreher & Jennifer D. Katz Reed Smith LLP

Are You Covered? Understanding Vendor Endorsements and Harmonizing Risk Transfer Arrangements. Kevin B. Dreher & Jennifer D. Katz Reed Smith LLP Are You Covered? Understanding Vendor Endorsements and Harmonizing Risk Transfer Arrangements July 14, 2015 Kevin B. Dreher & Jennifer D. Katz Reed Smith LLP Program Overview 1. How to Transfer Risk and

More information

Trade Credit Insurance Bad Debt Protection

Trade Credit Insurance Bad Debt Protection Bad Debt Protection What is? > Coverage provided to companies who sell products to other businesses (b2b) on short-term credit (30/60/90 days) for both domestic and export sales > Indemnification for bad

More information

Delaware became a captive insurance domicile in 1984,

Delaware became a captive insurance domicile in 1984, Cover Story Captive Insurance? What is it, and Why Should I Care? by Michael W. Teichman, Esq. Partner Parkowski, Guerke & Swayze, P.A. Delaware became a captive insurance domicile in 1984, when Senate

More information

Management liability - Employment practices liability Policy wording

Management liability - Employment practices liability Policy wording Special definitions for this section Benefits Claim Defence costs The General terms and conditions and the following terms and conditions all apply to this section. Any compensation awarded to an employee

More information

Sport & Social Clubs and Not For Profit Organisations Directors & Officers Liability Select

Sport & Social Clubs and Not For Profit Organisations Directors & Officers Liability Select Allianz Insurance plc Sport & Social Clubs and Not For Profit Organisations Directors & Officers Liability Select Policy Overview Product Name/Subject Line Professional Indemnity Policy Overview Contents

More information

What A Nonprofit Organization Needs To Know About Insurance. Susan R. Smith. Beehive Insurance Agency, Inc.

What A Nonprofit Organization Needs To Know About Insurance. Susan R. Smith. Beehive Insurance Agency, Inc. the the the GOOD UGLY BAD& What A Nonprofit Organization Needs To Know About Insurance Susan R. Smith Beehive Insurance Agency, Inc. c o n t e n t s Introduction 1 General Liability 2 Professional Liability

More information

Not-for-Profit Risk Protector. Management and Professional Liability Insurance for Non-Profit Organizations.

Not-for-Profit Risk Protector. Management and Professional Liability Insurance for Non-Profit Organizations. Not-for-Profit Risk Protector Management and Professional Liability Insurance for Non-Profit Organizations. Not-for-Profit Risk Protector Not-for-Profit Risk Protector is a flexible insurance package that

More information

The Hedge Fund & Investment Advisor s Guide to. D&O / E&O Insurance

The Hedge Fund & Investment Advisor s Guide to. D&O / E&O Insurance The Hedge Fund & Investment Advisor s Guide to D&O / E&O Insurance Financial services companies require a special expertise in insurance product design and placement. Hedge Funds & Investment Advisors

More information

Page 1 UNIVERSITY OF MINNESOTA

Page 1 UNIVERSITY OF MINNESOTA Page 1 UNIVERSITY OF MINNESOTA Annual Report of the Office of Risk Management and Insurance as of Fiscal Year Ended 30 June 2013 Page 2 Table of Contents I. Overview... 3 Mission of the Office of Risk

More information

Tools Conference Toronto November 26, 2014 Insurance for NFP s. Presented by Paul Spark HUB International HKMB Limited

Tools Conference Toronto November 26, 2014 Insurance for NFP s. Presented by Paul Spark HUB International HKMB Limited Tools Conference Toronto November 26, 2014 Insurance for NFP s Presented by Paul Spark HUB International HKMB Limited Topics Insurance Policies Basics Directors and Officers Liability Insurance Commercial

More information

A policy designed & engineered for success.

A policy designed & engineered for success. AGENT MATERIAL Hanover Professional Portfolio A policy designed & engineered for success. HANOVER PROFESSIONAL PORTFOLIO Professional Liability. Comprehensive Solutions for Architects and Engineers. You

More information

Protecting Your Credit Union

Protecting Your Credit Union Protecting Your Credit Union A More Strategic Approach Fall 2011 As a credit union, you are strategic in everything you do. Shouldn t your approach to risk/insurance be the same? Why do you buy directors

More information

Welcome To Palestine. Tareq Marea

Welcome To Palestine. Tareq Marea Welcome To Palestine Tareq Marea Professional Indemnity Insurance Professional Liability Insurance (PLI), also called Professional Indemnity Insurance (PII) but more commonly known as Errors & Omissions

More information

Insuring Innovation. CyberFirst Coverage for Technology Companies

Insuring Innovation. CyberFirst Coverage for Technology Companies Insuring Innovation. CyberFirst for Technology Companies TECHNOLOGY IS EVERYWHERE. SO ARE THE THREATS. protection that goes well beyond a traditional general liability policy. CyberFirst CyberFirst is

More information