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There are good reasons to consider Marine Cargo insurance from AIG

Emerging markets

As goods cross borders by land, air or sea keeping control becomes increasingly difficult. Globalisation has made trade with less developed countries a reality, where weaker logistics infrastructure and theft may pose threats to freight delivery. 

Managing your risks

AIG provides a risk prevention service (known as Marine Loss Control Engineering) so our customers can rely on a specialised entity to monitor their risks and to work on reducing the potential for losses or damage. 

International is our middle name

AIG can combine technical efficiency with a pragmatic business approach, while employing our broad international network to ensure the best possible protection for our customers’ assets and their business reputation. 

Maintaining expectations

Technological advances have created high expectations by customers in terms of manufacture and delivery. Supply chains need to be protected from disruption and the negative impacts on customer loyalty, company reputation and cash flow. 

The full range of solutions

AIG offers freight insurance in all its forms: door to door, or warehouse to warehouse, by sea, land, air or rail and from raw material to finished product. We regularly cover infrastructure projects thousands of kilometres from our clients’ bases. 

Our claims and service strength

AIG is committed to building strong, lasting relationships with clients. They can draw on the servicing and claims of our offices across the globe, including key emerging markets, to ensure a uniform and reliable experience 

Who is it for?

  • Primary Industry, secondary and retail.
  • Infrastructure projects (Project Cargo) with coverage of consequential losses (ALOP - Advanced Loss of Profit).
  • Freight services (such as forwarding agents wishing to offer Freight
  • Transport insurance to their customers).
  • SMEs, multinationals and in general, all exporters and importers 

Preferred Goods

Not fragile Goods

  • Plastics
  • Food not cooled
  • Bottled Wine
  • New Equipment
  • Textiles
  • Chemicals
  • Shoes

  

White Line Products

  • Appliances and electronic
  • Computers and peripherals

 

Fragile Materials

  • Marble
  • Furniture
  • Tiles
  • Ceramics
  • Accessories for bathrooms

Chemicals

Advantages in Claims

  • Quick Response and Assistance Service anywhere in the globe
  • Global Presence: in 160 Countries and Jurisdictions
  • Claims management on site
  • Claims settling service available on site and in local currency
  • Knowledge of legislation and local markets
  • Global Network of Risk Prevention Engineers.

Specialist limited liability coverage for incidents occurring within standard terms and conditions, when cargo is being conveyed from A to B.

Market

Local and international companies, whether carriers or freight forwarders.

Features & Benefits

  • Global coverage
  • Dedicated team

Coverage

  • Freight Services Liability covered by national or International conventions
  • Optional covers
  • Warehousekeeper’s liability
  • Shipper's interest
  • Bespoke contracts
  • Errors and Omissions
  • Consequential Loss
  • Fronted solutions for Captives

 

Comprehensive coverage for goods in transit from warehouse to warehouse anywhere in the world.

Market

Local and international companies, whether manufacturers, importers or exporters.

Features & Benefits

  • Global coverage with local policies where needed
  • Experienced personnel
  • Pro-active involvement of Loss Prevention world-wide
  • Tailored policies

Coverage

Physical damage to or loss of cargo

 

Optional Covers

  • Stock throughput
  • Exhibitions
  • Own Goods (Engineers Tools/Equipment)
  • Project Cargo and Delay in Start-Up
  • Ability to front for Captives

 

All risks cover for property whilst in transit with optional covers for advanced loss of profit and/or consequential loss.  Our team of in-house marine loss control engineers will work closely with underwriters to design and coordinate a comprehensive survey plan to fit the needs of each project.

Market

Local  and international companies involved in large infrastructure construction projects anywhere in the world.

Features & Benefits

  • Global coverage
  • Experienced personnel
  • Pro-active involvement
  • Tailored policy

Coverage

  • Physical damage or loss to cargo
  • Optional covers

 

Please contact AIG Marine Underwriting for more information

Phone +46 8 506 920 00

E-mail info.sweden@aig.com

Loss Control Services

At AIG we believe in going beyond traditional risk assessments by working in partnership with our clients and brokers to produce a bespoke added value service to meet our mutual needs on business and asset protection.

Global Marine offers comprehensive marine loss control engineering (MLCE) services tailored for specific clientele ranging from manufacturers, marine terminals, shipyards and logistics operators to large project-cargo (Infrastructure) operations and mega-yacht owners. Our global footprint provides an excellent fit for multinationals seeking tailored coverage and services that can be location specific or part of a worldwide master policy program.

 The MLCE mission is to measure, identify and list customer requirements and provide efficient integrated solutions towards risk minimisation.

 

Proactive Loss Prevention  

Marine Loss Control Engineering (MLCE)strives to avoid losses by analyzing potential exposures and presenting tailored recommendations to minimize them. We provide clients with an outline of potential problems and their solutions based upon our loss control capabilities, local knowledge and global strengths.

A risk assessment could be one or a multiple of the following depending on the type of business and the insurance taken out:  a review of the insured’s business soon after inception; appointment of surveyors for cargo movements; orchestrating a ‘Kick-off’ meeting for a project cargo; a review of claims; reviewing transport documentation and commenting thereon; warehouse risk assessment; carrier risk assessment etc.

Treating our clients as partners in the process, we are diligent in our efforts to develop and implement strategies for eliminating or reducing loss exposures to mutual benefit.

 

Reactive Loss Control

MLCE strives to prevent future losses by analyzing client loss frequency and severity trends and implementing practical, feasible recommendations in accordance with the needs and requirements of each insured.

 

Effective Communication  

MLCE strives to ensure open lines of communication, to act as a “knowledge centre” and exchange essential information that will assist the client, underwriter and MLCE team in carrying out loss prevention initiatives during the policy period.

 

Centres of Excellence  

The Marine Loss Control Engineering Team consists of a global network of 16 strategically placed, full time, loss control managers, made up of seasoned professionals with 25 years of experience in the industry on average, most with sea-going experience and licensed as Master Mariners. The team also has wide ranging complimentary expertise as former cargo surveyors, port captains and claims specialists as well as specialized skill and experience in areas such as cargo crime prevention, logistics, and packaging.

To take advantage of the team’s complimentary skills and expertise as well as maintain a worldwide consistent approach and maximize our effectiveness in delivering the full range of loss control services to our clients on a local level, the team has developed “Centers of Excellence” (COE) for the following disciplines:

  • Logistics and Security
  • Static Risks
  • General Cargo
  • Bulk Cargo
  • Dangerous Goods
  • Infrastructure / Heavy-Lift Cargo
  • Hull and Machinery
  • Marine Liabilities
  • Recreational Marine

Each COE includes a committee of MLCE managers with the necessary expertise to ensure that our services remain on the cutting edge in the related field and all local loss control operations remain fully supported on a global level.