AIG Insurance Based on Industries

The Malaysia aviation industry plays a vital role in our country’s productivity, tourism and business opportunities. The sector’s operational footprint extends into a wide group of related manufacturing and service suppliers, from aircraft hardware to airport ground operations.

AIG offers the most innovative products to support the emerging risks in these sectors.  Directors & Officers Liabilities, Professional Indemnity, Crime, Cyber, Public Offering SI,  package IMI forms; ability to write multinational programs; confidential regulatory investigation extended notification cover; AIG has one of the largest underwriting & claims teams in the market.

The construction industry faces a boom period in Malaysia over the next few years, but the risks involved remain as diverse as ever. Construction contractors confront complex, often large-scale risks, from a project’s start to finish, with economic and environmental factors contributing to potentially increase costs or time to projects.

Tertiary education is a growing market in Malaysia, many local and overseas universities and colleges has been mushrooming all over Malaysia.  AIG offers all basic coverage for assets and buildings as well as Student Personal Accident cover individually or on group basis.  Professional Indemnity as well as public liabilities are some of the must have cover that AIG has strong expertise in.

From oil and petrochemicals to power generation and utilities, our depth and scope of expertise enable us to effectively address the insurance and risk management needs of these highly complex and specialised industries.

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.

The hospitality and leisure industry faces pressures from escalating operating expenses and rising energy costs to specific workforce issues, and the increasing threat of global terrorism.

AIG Malaysia offers a wide range of products to provide solutions especially suited for the import & export industry.

The manufacturing industry is one of the most diverse, with a myriad of products requiring different production methods, sold to different markets, and facing different opportunities for innovation and economic performance. From the production line to the export market, the risks they face are almost as broad, forcing manufacturers to work harder and smarter to maintain competitiveness.

AIG offers across traditional and miscellaneous  professions, but in particular architects and engineers; insurance brokers; media; technology; BPOs; education; management consultants; alternative healthcare; lawyers; accountants.  AIG has the ability to write schemes and facilities; Professional Indemnity underwriters across Asia; as well as ability to write multinational programs.

The retail industry in Malaysia faces a diverse range of challenges day-to-day. AIG believes in the importance of working with you to find solutions to your everyday business insurance needs from simple basic packages to larger multiline coverage. 

The transportation industry aids in the movement of food, fuel and goods that are necessary to keep our world operating. The industry is subject to specialised legislation, unique duties of care and sometimes complex systems of management.