Financial Lines

CyberEdge covers losses directly resulting from system failures and data breaches. Costs for IT forensic costs are covered as well as legal expenses resulting out of liabilities to third parties. AIG also offers coverage enhancements for network interruption and extortion.

Our special insurance product covers claims due to a violation of legally standardised obligations in connection with the employment in the form of disadvantages, discrimination, harassment, libel or other personal rights.

White-collar crime has always posed a serious threat to the financial stability and future of a company. Break-ins, theft, embezzlement, misappropriation, fraud, computer crime, forgeries - criminal activities of this sort are commonplace in many companies. Every year, they cause billions in euros of losses that can have catastrophic consequences for the company's financial situation.

The AIG BusinessGuard policy provides comprehensive asset protection especially for foundations and their executive bodies that foundations need for a secure existence.

Besides the insurance-related issues (e.g. adequate coverage as of the closing date for property and liability risks, spin-offs from existing master agreements and the corresponding adjustments, protecting executive bodies with D&O policies and run-off covers etc.) that are normally associated with corporate acquisitions (mergers and acquisitions (M&A transactions)), the insurance market also offers special solutions for the risks that are hidden in the transactions themselves, and which are important for determining the purchase price, but also for the negotiation strategy.

In the face of one of history's worst global economic crises, the public has turned its focus on company executives.

With our ProfessionGuard products, we insure companies against the compensation claims of third parties, for which they can be held liable.

During the public placement of securities, issuers are legally required to publish a securities prospectus that contains detailed information about the opportunities and risks associated with the security. Securities prospectus insurance that has been tailored specifically for this risk offers comprehensive protection in the event that claims are asserted against the policyholder.