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Whilst growth in Malaysia outpaces many of our global peers, this does not come without its challenges for companies in the financial sector. Many businesses face pressures generated by increased regulation, robust capital and lending criteria, and a global drive to improve disclosure, increase transparency and enhance shareholder protection.

We offer deep industry experience and can create tailored insurance solutions that address the full risk management needs of financial institutions, from property, liability and management protection through to employee travel. Our local expertise is backed by the knowledge and experience of our global network, helping us to anticipate the needs of an ever-changing and uncertain marketplace.

Products for the Financial Institutions Industry

Business Travel Insurance

In today’s global environment, it is comforting to know that your employees can travel with peace of mind with our comprehensive Group Travel Insurance. Whatever your employees’ travel patterns, we have plans that offer an extensive array of coverage that provides travel protection

Comprehensive General Liability

Businesses have a duty of care to their customers, as well as to the general public. Legal defence and compensation costs that follow an accident or injury caused by your company’s activities can be crippling. General Liability cover from AIG ensures that the injured party receives fair compensation without putting your business at risk.

Extended Warranty

Our Service Contract Reimbursement program allows you to extend the manufacturers' warranties up to a maximum of five years from the date of purchase for your electrical appliances, mobile devices and furniture with similar manufacturer's protection against structural (furniture), mechanical or electrical failures.

Foreign Workers Scheme

AIG Foreign Workers Insurance Scheme is designed with the understanding that your employees are your assets and that taking good care of your foreign workers will ensure the smooth running and success of your business operations.

Group Personal Accident

This product provides compensation in the event of injuries or death caused by sudden and unforeseen accident. Coverage is provided 24/7. This product is specially customized according to your needs and can be purchased by a company to cover its employees, provided that all employees are included for coverage.

Oil and Gas Service Contractors

Oil and Gas Service Contractors in the ASEAN Region (OSCAR) fulfills the insurance contractual requirements of general oil and gas contractors. It provides comprehensive cover for Workmen's Compensation and Employer Liability and General Liability for oil and gas contractors working onshore and/or offshore.

Property Terrorism Insurance

Direct and physical loss or damage to property covered caused by Act of Terrorism as defined in the policy.

Warranty and Indemnity

Protection for both buyers and sellers in a transaction with coverage for breaches of representations and warranties given as part of the sale of business.

Commercial & Industrial Fire

This product covers accidental physical loss, destruction or damage to property insured other than by an excluded cause and subsequent income loss resulting from such interruption or interference.

Environmental Impairment Liability

Environmental insurance provides customers with the broad coverage they need to adequately protect their business from the continuously changing environmental landscape.

Financial Institution Liability / Financial Institution Professional Indemnity (FIPI)

A range of specialist products designed to meet the needs of Financial Institutions.

Group Medical

With rising medical costs, you need a medical program that is cost effective to ensure your most valuable asset, your employees are protected.

Management Liabilities

Provides the most innovative and extensive insurance for your directors and officers.

Product Liability Insurance

A manufacturer may be held liable for bodily injury or damage to property of others caused by defective products.

Public Liability

Public Liability provides indemnity to an Insured for his legal liabilities as well as legal liabilities of his representatives and employees arising in connection with the Insured’s business, carried out at and from the specific place of business.

Workmen's Compensation and Employers Liability

An employer may be legally liable to provide compensation to his workers and their dependents for personal injury/death by accident arising out of and during the course of employment. This covers the employer for such liabilities.