At AIG Canada, we are vigilant of any misrepresentation of our name and services. Please be advised that AIG does not offer insurance coverage for wire transfers or other types of electronic fund transfer methods.
Anyone who receives or has purchased an alleged AIG branded policy purporting to insure a wire transfer (or other types of electronic fund transfers), should contact local law enforcement and AIGCanadaOmbudsman@aig.com to report the matter.
There are times when companies face challenges that the traditional insurance or financial markets may not address effectively. Capacity may be limited. Significant risk retention may be required. The exposure may not be covered. Market conditions may be volatile. There may be a need for locally issued insurance policies. These are just a few examples of the challenges our global fronting programs can help meet.
We help companies address non-traditional exposures by providing highly customized fronting programs that apply insurance and/or capital market strategies. In addition, we provide captive management and consulting services regarding the feasibility, formation, and management of captives, and offer cell captive facilities.
We partner with each client to understand their objectives, identify and analyze risks and custom-design a program to support their business strategy. Clients can choose from a wide range of innovative programs that offer varying levels of risk retention and/or risk financing. Our programs extend to all types of exposures and industries—providing solutions that deliver our expertise and global capabilities.
Features & Benefits
Over 50 years of providing global fronting solutions leveraging AIG’s network of owned operations in over 100 countries and jurisdictions, supported wherever required by local insurance partners
A market leader providing non-traditional insurance and reinsurance solutions
Unique team culture bringing together underwriters, actuaries, lawyers, accountants, credit officers, regulatory and operational specialists
Technical expertise to cover risks for which there is no conventional insurance market
A history of partnering with clients to truly understand their business needs to provide innovative risk transfer and risk financing solutions
Superior servicing and claims handling, reporting, and management
Full access to AIG’s multinational policy issuance capabilities and expertise controlling multi-currency cash flows
Access to the resources of the AIG organization, including significant risk-bearing and risk financing capacity
Ability to insure virtually all risks and to write almost all lines of business
Extensive product customization ability
Regional fronting expertise and ability to meet local regulatory requirements
Full range of captive management and protected cell services