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Why Choose AIG for Energy?

Insurance solutions for energy and energy-related businesses including oil and petrochemical, power generation and utilities, chemical, process industries, construction and mining

AIG Energy Solutions

Boiler and machinery insurance offers protection against sudden and accidental physical loss or damage to machinery and equipment. We offer this insurance for all classes of business including coverage to all non-energy classes and occupancies in conjunction with our property insurance services.

We can cover losses that are normally excluded in a property insurance policy. This includes steam and centrifugal explosion, mechanical and electrical breakdown.

 

Machinery Breakdown

The policy covers unforeseen and sudden damage to machinery insured from any cause not excluded while it is at work or at rest, or while being dismantled, moved or re-erected for the purpose of cleaning, inspection, repair or installation in another position within the premises. The policy excludes external causes such as fire, lighting and impact.