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. 

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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. 

Claims First

See our Energy & Construction claims value proposition 

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 

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