Chemical & Pharmaceutical
Provides comprehensive property damage and time element coverage for the risks presented by the chemical and pharmaceutical industries.
Product Details
Capacity: Up to US $750m, one of the highest among any Chemical insurers in the market.
Who is it for?
Well managed pharmaceutical manufacturers and high hazard chemical manufacturers of all sizes.
See our Risk Appetite
Risk Types
We underwrite all types of risks worldwide, including:
- Inorganic & organic chemicals
- Industrial gases
- Pharmaceuticals
- Plastic materials and resins
- Adhesives and sealants
- Ethanol and biodiesel
- Paints, lacquers, enamels
- Cellulosic man-made & synthetic fibers
- Dyes and pigments
- Fertilizers
- Pesticides and agricultural chemicals
Coverage can be extended to include:
- Service Interruption
- Contingent Time Element covering key customers and suppliers
- Extra Expense
- Other exposures unique to your facilities
Why choose Chemical & Pharmaceutical insurance from AIG?
We are a leader in the underwriting of Chemical and Pharmaceutical risks for over 40 years and have developed long lasting relationships with many of our clients worldwide.
Our market-leading capacity and technical expertise enable us to comprehensively address the most complex property insurance needs of our customers.
And our global network of local companies, underwriters, engineers and claims specialists provides our clients with easy access and efficient service wherever their operations might take them.
Risk Engineering
We provide value-added loss control services from the planning and construction phases for new construction through the operational phase. Our engineers have prior work experience in Chemical and Petrochemical facilities.
Risk engineers are located worldwide and conduct risk assessment surveys and loss control inspections that analyze the unique exposures associated with Chemical and Pharmaceutical risks. This includes analyzing the exposures from the perspective of Natural Catastrophe perils such as flood, windstorm, and earthquake as well as from fire, explosion and machinery breakdown hazards with a key focus on Process Safety Management.
More Information
To learn more about AIG's capabilities in this field, please email John.Whitbourn@aig.com