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Aerospace & Aviation Insurance

With the goal of minimizing risk and maximizing safety, our aviation professionals work with each client to customize coverage options.

Why choose AIG for Aerospace & Aviation Insurance?

For over 70 years, AIG has provided aerospace insurance solutions for nearly every type of industry that uses aircraft—from agriculture to airports. We equip businesses with customized options that help minimize risk and maximize safety. If a loss does occur, our dedicated team of aviation adjusters and attorneys are located throughout the world, ready to respond whenever and wherever they’re needed. Wherever you travel, we respond to your needs quickly.

AIG Aerospace has the products and network to support your existing operations, your plans for expansion, and unexpected challenges along the way.

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The AIG Advantage

We use deep industry expertise to deliver creative, flexible solutions for the most complex coverage needs within the aerospace industry. For seamless integration of domestic and multinational solutions, we’re located in major hubs throughout the U.S. and around the world.

Customized Solutions

AIG coordinates a dedicated team of 80+ underwriters located in key hubs across the U.S. to deliver a full suite of aerospace products to clients—from small aircraft operators to major airline manufacturers.

Claims Expertise

We know you want to get back to business as soon as possible after an event, so we provide access to dedicated claims professionals and expert attorneys and a global, 24/7 hotline.

Global Capabilities

With one of the largest networks in the industry, spanning 215+ countries and jurisdictions, we deliver aerospace solutions around the globe in support of master control programs and locally compliant coverages. 

Expedient Recovery

Once coverage, ownership and financial interest in an aircraft is confirmed, the AIG Claims Promise works to provide immediate working funds of 50% of AIG’s share of the agreed amounts within 7 days.

Advantages in Action

Challenge

A fixed based operator sought competition for its alternative risk purchasing program, without sacrificing key coverages or incurring increased premiums.

Solution

AIG Aerospace provided a customized policy matching existing coverages with retention options to further increase savings based on the client’s claims profile.

AIG Benefit

The client maintained existing coverage while reducing the total cost of risk provided by our unique program structure.

AIG Aerospace & Aviation Solutions

Our policies cover a wide range of aviation professionals—manufacturers, airports, service providers, and small aircraft operators among them. We offer specialized underwriting, a 24/7 Aviation Claims Hotline and our signature AIG Claims Promise. Other product features include:

  • Up to 15% of $2.5B limit of liability available on airline risks in a leading or following position
  • General Aviation hull and liability coverage up to $100M in agreed hull value and $650M in liability limits for owners, operators, and aircraft management companies, including owned/non-owned light aircraft and UAV’s
  • Aviation liability coverage for aviation product manufacturers, airports, and airport service providers

A full range of aerospace product liability insurance solutions for manufacturers, distributors, maintenance, repair, and overhaul operations

Aerospace Claims Advantage

A dedicated team of aviation adjusters and attorneys located throughout the world stand ready to respond whenever and wherever needed.

Experiencing a loss can be a devastating experience. However big or small, our priority is to resolve your claim as quickly as possible, while providing you with the personal and proactive support you need to get you or your business back on your feet.

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Brokers: Meet Your AIG Team

View contact information for AIG’s national product and distribution teams.

Applications

Downloadable Materials

Download PDF [146.1 kb]

Filename
aig-aerospace-highlight-sheet.pdf
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137 KB
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application/pdf
Aerospace Highlight Sheet

Download PDF [73.7 kb]

Filename
corporate-accounts-value-add-overview-highlight-sheet.pdf
Size
124 KB
Format
application/pdf
Corporate Accounts Value-Add Overview Highlight Sheet

What is Aerospace & Aviation Insurance?

Aerospace liability coverage provides comprehensive policies across the aerospace industry that cover most types of physical damage and liability for aerospace risks. Policies may cover all types of aviation-related professionals, companies, and equipment—manufacturers, baggage handlers, airports, airport service providers and unmanned aircraft. With a focus on minimizing risk and maximizing safety, this type of insurance has grown increasingly important as the aerospace industry continues to evolve.

The scenarios described herein are offered only as examples. Coverage depends on the actual facts of each case and the terms, conditions and exclusions of each individual policy. Anyone interested in the above product(s) should request a copy of the standard form of policy for a description of the scope and limitations of coverage.

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