Why Energy Property Insurance?

The world of energy is a highly complex and specialised place.  We believe it takes the same degree of specialisation to properly address the insurance and risk management needs of those engaged in these businesses.  We offer a deep understanding of the energy industry, plus superior loss control capabilities, responsive claims handling, and substantial capacity to help your business to face any challenge or opportunity with confidence.




What is Covered?

All-Risk Property cover provides worldwide property damage, including machinery breakdown, business interruption, and extra expense for energy and energy-related businesses with some of the highest industry limits.

Loss Control Engineering

AIG is a leading underwriter of onshore property risks for energy and related businesses, including:

  • oil and petrochemical, chemical and pharmaceutical
  • power generation and utilities 
  • mining & process industries such as Pulp and paper mills & downstream activities; Steel, aluminum and primary metal mills; Metal working/forging operations and Cement plants
  • Construction all risk and Erection all risk

We have one of the industry’s largest and most experienced teams focused on assessing on property and boiler & machinery risks unique to hydrocarbon processing, power generation, pulp and paper, mining, metal production and fabrication. Our highly skilled engineering force is industry experienced and qualified chemical, mechanical, electrical, civil and fire protection engineers. Most of our engineers have an industrial background and are dedicated to a specific discipline.

We perform comprehensive risk evaluations and recommend solutions that combine cutting edge thinking and common sense practicality to mitigate exposures.

Situated locally around the world, our engineers also speak the local language and are well versed in local, national and international codes and standards.