AIG has international experience insuring commercial real estate in Russia including business centers, shopping malls and offices. AIG’s clients include owners of major office and shopping complexes in Moscow and St. Petersburg
As part of our qualified approach to formulating insurance protection, AIG offers coverage to owners of real estate from an array of property risks and loss of rental payments (business interruption), as well as civil liability, which has become increasingly important in recent years.
What should the owner of a building insure? The walls and roof, utilities connections, common areas and loss of rental income. In addition, the owner can insure the building against acts of terrorism.
Tenants may insure the finishing of their residences, plus furniture and office equipment. In addition, both the owner and the tenant may purchase liability insurance.
AIG has a number of developments for the real estate market (commercial property insurance) with the following distinctive features:
In 2011, AIG won the national award in the field of real estate in the category “Insurance Company Number 1 in the Real Estate Market.” The “Records of the Real Estate Market” award is a significant event in the industry. Winners are selected both on the basis of a popular vote and the decisions of an authoritative jury.
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.
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.)
AIG offers a comprehensive insurance product that supports the insured’s property interests associated with injury to the environment and losses resulting from such pollution
This type of insurance protects the insured’s property interests connected with its obligations arising due to infliction of harm to third parties
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.
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.
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.
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
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
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