AIG Specialty Insurance Company (ILLINOIS): Contacts, Coverage, Claims, Benefits and FAQs

AIG Specialty Insurance Company (Illinois) leads in offering specialty insurance products and services. The company is financially strong and has a solid history of success.

AIG Specialty Insurance Company (ILLINOIS)
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AIG Specialty Insurance Company (ILLINOIS)

AIG Specialty Insurance Company (Illinois) is an Illinois-based insurance company.

It’s part of the global American International Group (AIG), which offers various insurance and financial services.

AIG Specialty Insurance Company (Illinois) can operate in all 50 states and the District of Columbia. It’s rated “A+” (Superior) by A.M. Best and “AA” (Very Strong) by Standard & Poor’s.

Surplus lines insurance is for risks in places where regular insurers can’t operate. It’s usually used for tricky or hard-to-insure things.

To get surplus lines insurance, you need a licensed surplus lines producer. They’re specialized brokers who know how to deal with surplus lines insurers.


Address: 1271 Avenue of the Americas New York, NY 10020

Phone: (212) 785-7855

Fax: (212) 785-7777


  • General inquiries: [Email AIG Specialty Insurance Company]
  • New business: [Email AIG Specialty Insurance Company]
  • Claims: [Email AIG Specialty Insurance Company]

AIG Specialty Insurance Company (ILLINOIS): Products and Services

The company leads in offering specialty insurance products and services to many different industries and businesses.

  1. Aviation Insurance: They insure commercial and private aircraft, like airlines, corporate planes, and general aviation aircraft.
  2. Cyber Insurance: Their coverage protects businesses from losses due to cyber attacks, such as data breaches, ransomware, and business interruptions.
  3. Energy Insurance: They offer insurance for the energy industry, which includes upstream, midstream, and downstream operations.
  4. Financial Institutions Insurance: AIG covers financial institutions, like banks, investment firms, and insurance companies.
  5. Healthcare Insurance: They insure the healthcare sector, including hospitals, clinics, and physician groups.
  6. Marine Insurance: Their insurance extends to the marine industry, covering ships, cargo, and ports.
  7. Professional Liability Insurance: AIG provides insurance for professionals such as lawyers, doctors, and accountants.
  8. Property Insurance: They offer coverage for businesses and individuals against property damage and loss.
  9. Sports and Entertainment Insurance: This covers the sports and entertainment industry, including athletes, teams, and event organizers.
  10. Surety Insurance: AIG offers insurance that guarantees contract performance.

Financial Stability

AIG Specialty Insurance Company (Illinois) has a sturdy financial standing with a history of success. A.M. Best rates it as “A+” (Superior), and Standard & Poor’s rates it as “AA” (Very Strong).

These ratings confirm the company’s strong finances and its ability to meet policyholder obligations.

Several factors contribute to the company’s financial stability:

  • A robust balance sheet with substantial capital.
  • A varied business portfolio, offering a wide array of specialty insurance products and services.
  • A global reach, operating in over 100 countries.
  • A longstanding record of profitability.

AIG Specialty Insurance Company: Filing Claims, Cancellations and Renewals


To file a claim with AIG Specialty Insurance Company (Illinois), you can reach out to the company through phone, email, or fax. You’ll need to provide:

  1. Your policy number
  2. The date and time of the loss
  3. A description of the loss
  4. Any other relevant information

AIG Specialty Insurance Company (Illinois) will assign a claims adjuster to investigate the loss and check if it’s covered. If it is, they’ll work with you to settle the claim.


AIG Specialty Insurance might cancel your policy if you don’t pay premiums, break policy terms, or provide false information.

They’ll give you a written notice of cancellation at least 30 days before it takes effect. You can also cancel your policy anytime, but a cancellation fee may apply.


AIG will send a renewal notice 30 days before your policy ends. It’ll show your new premium. If you decide to renew, you’ll need to pay the new premium.

AIG Specialty Insurance Company (ILLINOIS)
Photo | AIG Insurance

Customer Reviews

Customers have mixed reviews about AIG Specialty Insurance Company (Illinois). Some praise the company for its strong finances, diverse products, and helpful customer service.

Others criticize the high premiums, slow claims handling, and challenges in canceling policies.

Benefits of purchasing specialty insurance from AIG Specialty Insurance Company (Illinois)

  1. Financial Stability: It is a financially strong company with a successful history. It’s rated “A+” (Superior) by A.M. Best and “AA” (Very Strong) by Standard & Poor’s, indicating its financial strength.
  2. Wide Range of Products and Services: It offers various specialty insurance products and services for different industries and businesses. You can find a policy tailored to your specific needs.
  3. Global Presence: The company operates in over 100 countries, ensuring international coverage for your business.
  4. Responsive Customer Service: AIG is known for its helpful and quick customer service, providing support when you need it.
  5. Claims Handling Expertise: The company has a team of experienced claims adjusters who can assist you in filing and settling claims efficiently.

Frequently Asked Questions (FAQs)

What is specialty insurance?

Specialty insurance covers uncommon or unique risks. It’s mainly for businesses and individuals who can’t get standard insurance.

How do I get a quote for specialty insurance from AIG?

To obtain a specialty insurance quote from AIG, you can reach out to the company through phone, email, or their website.

You’ll need to give them some basic information about your business or personal requirements.

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