Allianz Global Corporate & Specialty (AGCS)* has global reach underpinned by local knowledge; a combined depth and breadth of expertise that allows us to go further.
Here is what we can offer you.
Our appetite in North America
*Allianz Global Corporate & Specialty is the brand of Allianz Global Corporate & Specialty SE.
AGCS will consider every risk on its own merit. Capacity and coverage offered to individual clients subject to hazard, Nat Cat exposure, grading, terms & conditions.
AGCS will consider every risk on its own merit. Capacity and coverage offered to individual clients subject to hazard, Nat Cat exposure, grading, terms & conditions.
The products and services described on this page may not be available in all AGCS locations. This is for your general information only. Please contact your local office for full information on local product availability.
Coverage / Capacity / Customers
Airlines
Products Liability / Aerospace
Horizontal Products Liability
Airports
Unique Hull & Liability Operations
General Aviation Hull & Comprehensive Aviation Liability
Comprehensive General Liability
USD 35mn (Hull) and USD 250mn (Liability)
USD 250mn
USD 550mn
USD 250mn (Liability)
USD 75mn (Hull) and USD 550mn (Liability)
USD 75mn (Hull) and USD 550mn (Liability)
USD 550mn
International, national, regional, charter, cargo
Manufacturers of airframes, power plants, propellers and major components, maintenance repair manufacturers and overhaul providers, suppliers and distributors of component parts, operators and manufacturers of space launchers, launch equipment
Component manufacturers, suppliers and distributors / repair and service operations
Major airports and comprehensive General Liability exposures on major airports
Sports teams, corporate / industrial aid with airline equipment, Department of Defense contract operations, unmanned aerial systems (UAS)
Corporate / industrial aid, commercial (fixed wing & rotor wing), fixed-based operators, air taxis, aircraft management, flight schools, agricultural operations, pleasure & business, non-owned aircraft hull & liability, flying clubs, float operators, balloon owners/operators
Operator facilities / premises, products / completed operations, hangarkeepers, manufacturers and suppliers, refuelers, contractors, medium and small airports
Actively growing
- Public and private companies of all sizes including large multi-national
- Solutions-driven – underwrite risks based on individual risk profile and merit basis
- Primary and excess positions
- Willing to consider creative / manuscript approach to unique risks
- Broad policy wording across standalone D&O, PTL, EPL, and crime including modular form for private company business
Coverage
- Directors and officers liability
- Lead side A and excess DIC
- Employment practices liability (EPL)
- Pension trustee liability (PTL)
- Commercial crime
Excluded Industries
- Cannabis
- Crypto
- Thermal coal
Actively growing
- Selective growth appetite across virtually all industries, but with focus on per-account risk quality
- Primary and excess capabilities
- Partnered with industry-leading incident response vendors
- Regional footprint with underwriters throughout the US
Capabilites
- Primary or excess coverage on a stand-alone cyber or combined with tech E&O, MPL and media basis
- Up to $ 10mn in capacity available
Restricted Classes
- Cryptocurrency
- Payment processors
- Pay day loan companies
- Air traffic controllers
- Adult entertainment
- Online gambling
- Central reserve banks
- Cannabis
Comprehensive Coverage
- Third-party Liability
- Privacy and security liability
- Regulatory liability
- PCI liability
- Media liability
- Technology professional liability
- First-party Event
- Incident response
- Cyber extortion
- Restoration
- Business interruption
- Contingent business interruption
- Reputation
Coverage / Capacity / Customers
Downstream (onshore)
Downstream Mid-Market
Stand-alone oil and gas risks emanating from:
- Small to medium enterprises with asset values or placements from USD 50mn and above
- Larger conglomerate companies looking to place risks separately from their main programs, at a loss limit
Midstream
$ 200mn
$ 50mn
$ 200mn
- Refineries
- Petrochemicals and chemical plants
- Gas works
- Terminals and tank farms
- Underground storage
- Chemical fertilizer plants
- Oil and gas separation
- Compressor / pumping stations
- Natural gas separation
- Pipelines (oil and gas)
- Tank farms / storage terminals
- BTX extraction
- Compounding plastics
- Lube plants
- Refrigerated LPG storage
- Transportation by pipeline
- Gathering, separation and storage
Construction
Direct Physical Loss or Damage
Optional
Physical damage coverage can be extended to include loss of income on behalf of a project owner (Delay In start-up – DSU / Advanced loss of profit – ALOP)
Direct Physical Loss or Damage
Optional
Physical damage coverage can be extended to include loss of income on behalf of the plant owner
Course of Construction Projects
- Erection all risk (EAR)
- Contractors all risk (CAR)
Operational Risk
- Power business segment
- Mining business segment
- Building & construction / infrastructure projects
- Power & utilities
- Heavy civils
- Heavy industry
- Mining
- Oil & gas
- Power business (all types of power plants, including renewables)
- Mining business (open pit)
- Bridges, roads, etc.
Actively growing
- Global advertising wrap-up / DICE insurance programs
- Global motion picture / TV programs
- Media equipment
- Sports / events liability
- Theatrical and global conferences & exhibition programs
Risk Appetite
- Production
- Motion picture studio productions
- TV production
- Independent films
- Advertising agency DICE wrap-ups
- DICE: documentaries, industrial, commercials and educational productions
- Post-production facilities
- Live – Events & Sports
- Touring entertainers
- Festivals
- Concerts
- Live events
- Event promoters / producers
- Sport events / teams / leagues / federations
- Corporate events / fairs / exhibitions
- Equipment rental
- Motorsport events / teams / associations / governing bodies
Types of Coverage
- - Production Portfolio:
- Cast
- Extra expense
- Props / sets / wardrobe
- Miscellaneous equipment
- Media: negative film & faulty stock
- Third party property damage
- - Inland marine / equipment floater
- - General liability
- - Umbrella / excess liability
- - Workers’ compensation / employers’ liability, auto
- - Property
- - Foreign package liability
- - Contingency:
- Cancellation
- Non-appearance
- Transmission failure
Actively growing in North America (U.S. and Canada)
- Large accounts and middle market business in the following:
- Manufacturing / process industries
- Energy (downstream)
- Construction (practice and projects)
- Real estate
- Retail trade
- Logistics / wholesale
Coverage (U.S. and Canada) / Capacity / Term
Environment protect premises (Site pollution)
Environment protect projects (Contractors pollution)
Pollution excess follow form
Environment protect infrastructure CANADA ONLY (Site + contractors pollution)
Up to USD 25mn each incident / Up to USD 50mn aggregate
Same as above
Same as above
Same as above
Up to 5 years
Practice policy: up to 3 years
Project policy: up to 15 years - combined policy term and completed ops
Same term as respective product
Same term as respective product
Restricted
- Mining
- Offshore
- Nuclear
- Hydraulic fracturing
- Fireworks / fertilizer production
- Clean-up cost cap / finite risk
- Oil pipeline / waste disposal sites
Actively growing
- Solutions driven – underwrite risks based on individual risk profile and merit basis
- Primary and excess positions
- Willing to consider creative / manuscript approach to unique risks
- Broad policy wording across all product offerings
Focus Industries
- Asset managers
- Large North American banks, international banks, and regional banks
- Insurance and reinsurance companies, including domestic insurers, international insurers and mutual insurance companies
- Stock exchanges, market makers, broker-dealers, FINTECHs & clearing houses
Coverage
- Directors & officers liability
- Lead side A and excess DIC
- Errors and omissions liability
- Financial institutions bond
- Employment practices liability (EPL)
- Fiduciary liability (PTL)
Actively growing
- Motor truck cargo
- Builder’s risk & installation floaters
- Contractor’s equipment
- Related property (Light to medium hazard property on a mono-line basis)
- Corporate collections, such as fine art or musical instruments
- Miscellaneous floaters, such as mobile medical equipment
Coverage & Capacity
Inland Marine Floaters
- Communications / technology – USD 100mn
- Miscellaneous – USD 100mn
Transportation Insurance
- Motor truck cargo – Various
- Auto physical damage – Various
- Warehouse legal liability – USD 50mn per location
- Railroad rolling stock – Various
Construction
- Contractors’ equipment – USD 100mn
- Builder’s risk and installation floaters – USD 100mn
Related Property
- Light to medium hazard – USD 100mn
- Programs – Various
Actively growing in U.S. and Canada
Growing across following industries but with focus on per account risk quality:
- Manufacturing commercial real estate
- Tech products & services
- Hotels & hospitality
- Family-style restaurants
- Business services
- Financial services
- Retail
- Construction
Prefer Excess Attachments
Coverage & Capacity (U.S. and Canada)
- Excess liability – Up to USD 35mn (ventilated – U.S.) / Up to CAD 100mn (ventilated – CAN)
- Construction liability (Excess – Minimum attachment USD 10M) – Up to $ 25mn (U.S. & CAN)
- Primary general liability and products/completed operations – Up to USD 5mn (U.S.) / Up to CAD 10mn (CAN)
- International liability – Controlled master programs – U.S. Only – Up to USD 5mn (U.S.)
- Environmental liability – Up to $ 25mn (U.S. & CAN)
Restricted
- Street and Road (Construction)
- Pharma (Manufacturing)
- Invasive Medical (Manufacturing)
Risk Appetite
- Manufacturing
- Metalworking
- Plastic goods
- Electronics & computer peripherals
- Furniture & fixtures
- Industrial & commercial machinery
- Tier 2 automotive manufacturers
- Restaurants
- Upscale
- Casual
- Fine dining
- Professional services
- Architects
- Engineers
- Lawyers
- Wholesalers
- Durable goods
- Imported goods
- Commercial real estate
- Retail
- Office
- Industrial
- Hotels
- Upscale
- Resorts
- Full service
- Boutique
- Business class
Types of Coverage
- General liability
- Property
- Automobile
- Workers’ compensation
- Umbrella / excess
- Inland marine
- Global ambassador (DIC/DIL)
- Foreign exporters package
Actively Growing
- Complex business that requires local policies, risk controls and tailored underwriting / claims expertise
- Multinational and captive program
- Appetite for risks in a wide range of industries with a focus on risk managed accounts (e.g. manufacturers, importers / exporters and traders)
- Stock throughput policies and transit programs
- Project cargo incl. delay in start-up
Coverage & Capacity
- International transit, domestic transit
- Stock through-put
- Project cargo, delay in start-up
- Tailored coverages with specialized wording linked to industry segments
Cautious
- International car accounts
- Live animals
Actively growing
- Solution driven – Risks underwritten based on individual risk profile and merit by 5 dedicated Product Teams, including; Accountants, Lawyers, Architects, Engineers & Construction, Insurance Agents & Brokers and Miscellaneous
- Primary, excess and quota-share solutions available
- Manuscript wording and bespoke coverage considered
- Sponsored captive programs
Coverage
- Annually renewable professional indemnity
- Single project professional indemnity (SPPI) – Annually renewable or long term fixed period cover
Restricted
- Financial advisors
- Medical malpractice
- Certain SPPI exposures: stand alone bridges, tunnelling, and stadia
Focus Area
- Our Appetite:
- High tech
- Machinery / apparatus production
- Telecom & data
- Biotecnology
- Metalworking
- Commercial real estate
- Financial institutions and services
- Beverages
- Leisure
- Retail
- Excess Preferred:
- Public entity
- Senior living
- Higher education
- Hospitals
Coverage & Capacity
- For your corporate property clients with revenues over USD 500mn in US and CAD 300mn in Canada, our team can provide capacity for a wide range of industries and sectors – AGCS can deploy up to USD 300mn
Confidence in tomorrow
Disclaimer
Pictures on this page: Adobe Stock
The material contained in this publication is designed to provide general information only. While every effort has been made to ensure that the information provided is accurate, this information is provided without any representation or guarantee or warranty of any kind about its accuracy and completeness and neither Allianz Global Corporate & Specialty SE, nor any other company of Allianz Group can be held responsible for any errors or omissions. This publication has been made on the sole initiative of Allianz Global Corporate & Specialty SE.
All descriptions of services remain subject to the terms and conditions of the service contract, if any. Any risk management duties as laid down in the risk service and/or consulting contracts and/or insurance contracts, if any, cannot be delegated neither by this document, no in any other type or form.
Some of the information contained herein may be time sensitive. Thus, you should consult the most recent referenced material. Some of the information given in this publication may not apply to your individual circumstances. Information relating to risk services is intended as a general description of certain types of risk and services to qualified customers. Allianz Global Corporate & Specialty SE do not assume any liability of any kind whatsoever, resulting from the use, or reliance upon any information, material or procedure contained in this publication.
Allianz Group companies
The Allianz Group offers a wide range of products, services, and solutions in insurance and asset management and operates as an international insurer on almost every continent.
AGCS offices
With our worldwide network, Allianz Global Corporate & Specialty (AGCS) is one of the very few global insurers with an exclusive focus on the needs of global corporate and specialty clients.