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The ability to make well-informed decisions in identifying and mitigating risk exposures can provide an effective safeguard for construction firms - from project conception to completion.
Read it NowComprehensive solution for your valuable investment
The ability to make well-informed decisions in identifying and mitigating risk exposures can provide an effective safeguard for construction firms - from project conception to completion.
Read it NowAs global industrialization increases, certain industries escalate production to meet the world’s demands. With so much at stake in high-risk and expensive ventures, the role your insurer plays a critical role — from evaluating and advising on project viability from the outset, through to the provision of cover and essential and cost-containing loss control capabilities throughout the entirety of the project.
The world of energy is a highly complex and specialized place. At AIG, we believe it takes the same degree of specialization to properly address the insurance and risk management needs of those engaged in these businesses. We offer a deep understanding of energy insurance, plus superior loss-control capabilities, responsive claims handling and substantial capacity to help your business face any challenge or opportunity with confidence.
We partner with our brokers and clients through adverse events and economic conditions and help craft solutions that address risk management needs. This helps clients identify and prioritize their investment in risk improvements. Our disciplined, long-view, partnership approach to property risk is creating a new paradigm in the insurance marketplace.
Working together, we craft multinational programs that support our clients’ business plans and objectives, providing proper coverage, regulatory compliance assistance and excellent service — from engineering, through underwriting, premium flows, claims and other services.
Our team of experts provides robust solutions, including risk management and multinational programs, as well as comprehensive loss prevention engineering capabilities. We are structured to support the market segments we serve. Our underwriters are well-known for their deeply specialized industry segment knowledge and expertise.
Our claims team has handled some of the biggest and most complex energy and construction property claims in history. We draw on local, first-hand knowledge of forms, business practices, legal and regulatory issues all over the world.
Our broad appetite for construction and erection exposures a broad range of industries and the coverage can be tailored to include:
Light and heavy industries, including:
Building construction of all types, including:
Civil works and infrastructure projects, including:
Construction All Risk (CAR)/Erection All Risk (EAR) provides an all risks cover during the construction period against loss or damage to property and third party liability for accidental bodily injury or property damage in connection with the performance of the contract.
Construction risks covered include power generation facilities, oil and petrochemical plants, manufacturing plants, infrastructure and transportation projects. Coverage can be extended to include commission and operational testing, delay in startup and third party liabilities.
When you buy insurance from AIG, you can have confidence that we stand ready to help you recover quickly when the unexpected happens. The claims operation that underpins every AIG policy is one of our greatest strengths, with a strong local claims team backed by our global network of expertise to support you when you face a loss.
For claims associated with these products, please reach out to your insurance broker to assist you. You may also contact us at:
Phone: +63 2 8 878 5455
Email: phlweserve_CML@aig.com
Click below to learn about the necessary documents needed in order to submit a claim.
The Insured must:
Documents to be submitted:
How are claims settled?