Aerospace: From the Ground Up
Whitepaper: The key role insurers play in supporting the supply chainDownload Now
Market leaders always working to bring innovation to our customers’ challenges
Over 65 years dedicated to meeting the insurance and risk management needs of airlines, airports, general aviation and associated activities.
We have experienced local claims representatives across the world to give immediate support quickly. Protecting our clients’ name, reputation and their customer base is our focus, working quickly and efficiently towards a comprehensive and innovative solution.
Together AIG Aviation teams insure 80 % of the world’s major airlines, airports and manufacturers, along with over 5,000 aircraft each year.
AIG has a global network of over 500 engineers as well as a specialist safety and risk management control team. We work with our clients to ensure they have a solid foundation on which to build their own safety programmes, and improve operational risk within their business.
Airlines, general aviation, airports, manufacturers, distributors and aerospace facilities of all types
Our expertise and experience mean we are able to provide specific insurance solutions to address virtually any aviation-related risk. We help our clients manage the financial impact of their losses, using the most cost efficient policies whilst also maintaining the security of the hull of the aircraft.
Aircraft Hull & Liability
We offer a broad range of products in addition to the
traditional deductible coverage on offer:
Our insurance policies are bought by airframe, engine and component manufacturers, air traffic control providers, local and major airport operators, ground handlers, security providers and the service companies working at the airports.
Airport Owners and Operators Liability
Maintenance Repair and Overhaul Facilities
We provide aerospace insurance cover for corporate aircraft owners and operations and both onshore and offshore helicopter operators. In the commercial operators arena we underwrite scheduled, charter and air taxi operators of jet and turboprop aircraft. Our helicopter coverage extends out to corporate and private operations as well as the commercial carriage of passengers and cargo.
Note that we do not cover gliders, ultralight aircraft, model aircraft or balloons
In this highly technical specialist class, AIG is one of the most respected participants in the market. Our success has been built upon a wealth of experience and engineering based underwriting backed up by market leading capacity.
We protect Launch Service Providers and Satellite Owners/Operators for physical loss or damage during Launch, Post-Separation, Commissioning and In-Orbit Phases and also provide cover for Space Third Party Liability.
AIG policies are supported by a range of loss prevention and risk management tools and programmes. These ensure that our customers are provided with a sound foundation on which to build their own safety and operational risk management programmes. We work with our customers providing specific recommendations that focus on all aspects of their operations that help them to:
Programmes and tools are delivered by our own in-house experts and selected third-party providers.