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Consumer Notification
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.

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Professional Liability coverage to protect banking and non-bank lending institutions against claims of actual or alleged negligent acts, errors or omissions in the rendering of or failure to render professional services to third parties.

Features & Benefits

  • Flexibility – Can purchase coverage for a wide array of professional services, including but not limited to loan servicing, trust department administration, investment advisory services and the administration and sale of credit cards
  • Foreign Jurisdictions - Ensures that the most favourable terms and conditions from local AIG policies are applied to claims in foreign jurisdictions
  • Specialized Claims Support – Dedicated in-house claims unit

Coverage

  • Professional Services Covered
    • Offered on scheduled or broad form basis
    • With or without a fee
  • Defence Costs - Payment of defence costs, settlements and judgments
  • Punitive Damages - Covered