Commercial Property

Global property insurance solutions, deep industry knowledge & local expertise.

With our depth of technical property underwriting expertise both locally and internationally, multinational capabilities, substantial domestic and international capacity, superb risk engineering capabilities and an unparalleled global network, we specialise in writing difficult, challenging and unusual risks.

We offer market leading capacity for well protected, well managed risks as well as flexible AIG risk management support provided on a global basis that is backed up by an extensive “Insight” library of best practice guidance.

Features & Benefits

  • Technical specialists across the region and international markets for complex and alternative deal structures.
  • Direct access to experienced underwriting decision makers with extensive authority.
  • Solutions oriented with a track record of consistent, flexible underwriting approach.
  • Our global footprint and local presence in every country where we operate.
  • Unparalleled multinational proposition including critical catastrophe that can respond to multinationals of every shape and size.
  • Worldwide network of loss control engineers.
  • Access to International Claims Expertise.

Who is it for?

Mid to large sized companies. Includes past, present and future directors, officers, employees acting in management or supervisory capacity, shadow directors, outside entity directors, spouses, administrators and executors of insured’s estates.

What is covered?

  • Individual coverage for unpaid corporate taxes generating individual liability.
  • Insolvency hearing cover.
  • Enhanced protection to directors for claims brought in US bankruptcy proceedings.
  • Mitigation costs and prosecution costs to prevent civil liability actions.
  • Derivative investigation costs.
  • Enhanced bodily injury and property damage coverage for directors.
  • Cover for the company following a crisis loss.

Commercial Property policies are short-term products and are underwritten by AIG South Africa Limited, FSP No: 15805