As part of its qualified approach to formulating insurance protection, AIG suggests that you consider coverage of professional liability arising from the provision of information technology services
Companies that produce hardware or software, or provide data processing and storage services or online services in the normal course of business face a wide range of business risks.
The success of any business in Russia is becoming more dependent on the technologies that companies use. This ensures the continued growth of companies operating in various areas of IT. In this economic environment, companies seek to best satisfy the needs of their customers, which in turn increases the risk of errors in the production or service provision process.
Errors and omissions in the area of high technology may have various consequences—from system failures, to errors in calculations and accounting documents, to the loss of valuable information and data leaks.
Professional liability insurance provides protection for IT companies against errorson the part of the supplier that may cause financial losses to the customer.
Insurance for IT companies and liability insurance for software developers in the form proposed by AIG gives the policy holder the following benefits:
The insurance policy can be taken out with AIG’s Russian office. Alternatively, if you want coverage for your subsidiaries or branches, you may choose to take it out with AIG Europe.
All-risk corporate property insurance is the best way to protect property against a multitude of adverse events. The client is insured against any type of events, except for exclusions specified in the policy. The list of exclusions is governed by the insurance rules and the policy.
The steadily growing international trade volumes and the increasing number of companies tapping into the global market require the cargo owners’ scrupulous attention not only to the scope of coverage, but also to the quality of services rendered by an insurance company. In cargo insurance, the quality of claims settlement is the key indicator of the insurer’s performance.
It can be hard to accept that your own staff might be stealing from you. Unfortunately, the truth is that it may be the most trusted and senior staff who have the knowledge to skirt round security and set up insidious, well-concealed fraud systems.
The insurance covers internal damage of production and electronic machinery. Extra Expense coverage (clean-up and removal of debris after the insured event, the payment service provider of professional experts, limiting In/Out, etc.).
Directors and Officers (D&O) insurance provides coverage to small and medium business leaders against claims made against its directors and officers as well as against the company in connection with financial losses alleged by: •Companies •Shareholders, employees •Other third parties (including competitors’ clients, etc.)
Insurance of property owned by legal entities is a basic type of insurance. Nevertheless, long-time experience of AIG in property insurance makes us confident in our services and programs offered to clients with consideration for all details of their business and specifics of their assets.
Liability Insurance of Owners of Hazardous Facilities. AIG, JSC is a member of the National Union of Liability Insurers. AIG, JSC was granted a license for the provision of compulsory liability insurance to owners of hazardous facilities. Our underwriters are ready to consult on and assist in concluding compulsory liability insurance contracts
Fire, explosion and other perils such as water damage, windstorm and earthquake can cause serious property damage. These events pose a threat to structures, equipment, business continuity, and, most importantly, the lives of employees and the general public. Property site inspections by insurers are routinely conducted as part of insurance programs.
Professional indemnity insurance is especially important for the companies providing contracting and consulting services in different areas, as it offers protection against financial losses that may result from lawful liability to a third party
Business interruption insurance is not sold as a standalone policy. It can be added to a property insurance policy. The main objective of coverage is to protect the financial stability of the client during the suspension of business operations resulting from any unforeseeable property damage.
Construction & Erection All Risk Insurance offers a comprehensive and flexible solution in protection of financial interests of all those who are involved in the project. This type of insurance embraces different facets of construction and associated risks, offering standard programs that provide coverage for any tangible damage caused to completed work as well as programs addressing more specific requirements such as Advance Loss of Profit insurance available to investors.
Cyber threats can have serious consequences. Risks range from loss of information on a single laptop to threats posed by cloud computing. Businesses may also face issues regarding denial of service or defacement and disruption to their web presence.
AIG is the D&O market leader in Russia, having unrivalled experience in this field/ •Any breach of duties, mismanagement, negligence, omission, error, misstatement or misleading statement by the director or any officer. Coverage against: •Any actions performed by the director as part of his or her regularly assigned duties •Any duties performed by the director or any other officer while serving at an outside entity
Employers liability insurance against damage suffered by employees. Employer’s liability insurance protects the property interests of the employer against claims of bodily injury, fatal illness or illness of employees as well as property damage to employees in the course of performing their duties under an employment
This type of insurance protects the insured’s property interests connected with its obligations arising due to infliction of harm to third parties
Insurance of general civil liability for the goods produced, work performed, services rendered. Liability Insurance for Producers, Contractors and Service Providers
AIG insurance services: product recall insurance: protecting the company against financial losses. If your company is not insured, a product recall can bankrupt you or adversely affect your business in the future.
AIG offers insurance of property against the risk of Terrorism. Our capacities allow underwriting insurance against the largest risks with the benefit of reinsurance on the international market. Besides traditional types of insurance, AIG offers special types of insurance in Russia such as against crisis situations. AIG CJSC offers terrorism insurance under a separate classification. AIG insures property against terrorism.