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Marine Insurance

AIG Marine Insurance provides extensive protection for portside operations and for goods in transit around the world, with bespoke programmes that cater to the specialised needs of maritime operations.

Why Choose AIG for Marine Insurance?

AIG’s marine industry professionals deeply understand the needs of our oceangoing and inland marine service clients – from small business to multinationals. With a Marine team spanning 75+ countries across our global network, we have a complete understanding of local laws, regulations and markets. This provides a unique international trade advantage and enables us to respond swiftly and effectively – whether establishing cover or dealing with losses.

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The AIG Advantage

Where We Can Help

AIG Marine insurance is for a wide range of organisations from SMEs to multinationals, across all industry sectors and geographies. 

Underwriting Expertise

We offer substantial underwriting, claims and engineering expertise in all areas of the marine industry, delivering a full suite of innovative and flexible marine solutions to clients.

Multinational Capabilities

Thanks to AIG’s Multinational Centre of Excellence’s global network and in-country expertise, we have the knowledge needed to tailor our marine solutions to the complex risks of our clients.

Loss Control

We provide a world-class team of Marine Risk Consulting engineers worldwide, which includes experienced master mariners, to help clients identify exposures and reduce their risks.

Claims Excellence

AIG provides seamless claims processing, managing high-value, complex claims globally with local representatives who protect clients’ business reputation and customer base. 

General Average

AIG Marine is able to issue a single global average bond, helping secure our insureds cargo interests quickly and efficiently. 

AIG Marine Solutions

Drawing on deep industry expertise, our products are crafted to provide flexible solutions to address the complex cover needs of our clients. 

AIG’s Marine Cargo insurance offers cover for those moving goods across land, sea, or international borders — whether they’re the manufacturer, distributor, trader or retailer.

AIG Marine Cargo insurance covers goods in transit globally, helping to prevent supply chain disruptions that have adverse effects on customer loyalty, corporate reputation and cash flow.  We cover accidental physical loss and damage to cargo in transit, which can be extended to encompass storage risks outside of the ordinary course of transit.

Overview & Appetite Guide: EMEA Marine Cargo [PDF]

AIG Marine Logistics insurance provides cover for loss and/or damage to cargo being transported or stored during the supply chain whilst under the assured’s care, custody, or control.

Our package may also include Shippers Interest and Errors & Omissions. In addition, we provide tailored solutions for Captive Insurance Programs and fronting requirements.

Our product offering can also provide coverage for multiple liability regimes and modes of transportation under one policy.

Overview & Appetite Guide: EMEA Marine Logistics [PDF]

Stock Throughput insurance provides flexible cover for the transportation of goods and related storage facilities.

Expanded coverages typically include raw materials, processing, storage and transits worldwide. Programs also include Natural Catastrophe protection (subject to various limits, deductibles and other relevant terms and conditions). We also provide tailored solutions for Captive Insurance Programs and fronting requirements

We can provide numerous extensions to coverage such as pure domestic movements and consolidation deconsolidation risks.

Overview & Appetite Guide: EMEA Marine Stock Throughput [PDF]

Inland Marine insurance provides cover for moveable objects on a 24/7 basis. Examples include forklifts, cranes and agricultural equipment, but also equipment such as power generators and temporary housing.

The typical cover is based on an all-risks basis, but a more extensive cover including inherent vice or more limited named perils cover is also available.

Whether single objects or larger fleets, we can provide tailormade cover on a standalone or controlled master program basis.

Our Marine Team

Contact your local AIG team to learn more about our Marine offering.

Products or services may not be available in all countries and jurisdictions, and coverage is subject to underwriting requirements and actual policy language. The scenarios described herein are offered only as examples. Coverage depends on the actual facts of each case and the terms, conditions and exclusions of each individual policy. Anyone interested in the above product(s) should request a copy of the standard form of policy for a description of the scope and limitations of coverage.

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