AIG Israel

AIG Israel is one of the country’s leading insurance companies, operating since 1997 under the joint ownership of Aurec and AIG. The company is licensed for general and life insurance activities.
AIG Israel offers personal insurance (auto, home, health), commercial insurance (including property, employer’s liability, professional and director’s liability), and life insurance.
Most of the company’s deals in commercial and collective insurance in health are implemented through agents. Due to these marketing methods, the company’s structure is based on a headquarters in Petach Tikva and five other offices.
Despite the global crisis, AIG Israel ended 2008 with a net profit of NIS 33 million. In Q1 2009 the company had net profit of NIS 30.3 compared with NIS 15.1 million in Q1 2008 and a capital surplus of about NIS 140 million. AIG Israel has 800 employees with over half involved in sales and service.

Areas of Activity
Auto Insurance
AIG sells the full range off auto insurance products including: comprehensive insurance with and without theft and with and without accidents, third party insurance, two wheel (third party) insurance. Auto policies extra coverage and accessories are also available including towing, replacement vehicle, windscreen coverage, radio tape/disc insurance and VIP services.
The company mainly markets and sells in this sector directly to customers without agents. This method involves direct contact between the company and customers and potential customers through call centers (sales, customer relations and service) using advanced technologies.

Home Insurance
This is the central personal insurance product and provides customers coverage for damage or loss caused to buildings and/or contents of homes. Home insurance can also include additional services and coverage such as: pipe installation and damage from water; installing electrical appliances; emergency services and doctors calls.

Health Insurance
This product is designed to compensate the policyholder for medical expenses in cases of harm to body or health and provide various medical services through bodies, which the company works with. The company sells a range of personal accident products to individuals and organizations including: personal and family accident coverage; personal accident for over 50s; chronic illness coverage; female cancer policies; overseas travel insurance; and loss of work fitness for groups.
AIG mainly sells its health insurance policies directly to private customers via direct marketing through its call center. The sale of group accident policies is mainly carried out through agencies.

Commercial Insurance
Managed through three segments: liability insurance for directors and professional liability; liability insurance – third party, product and employee liability; property insurance, mechanical and electronic equipment faults and contractors insurance.
AIG Israel sees increasing its market share in all areas of commercial insurance as a strategic target, and to realize this aim the company takes advantage of its expertise and experience over many years and the financial strength of AIU, which is a global leader. The company continually strives to provide the right coverage to customers and develop new products adapted to the policyholder.
AIG also offers small and medium business owners unique policies.

Life Insurance
The company specializes in selling life insurance coverage for those taking mortgages and loans. AIG Israel’s uniqueness in this sector is the provision of products with broad coverage such as: clearing mortgage balances following absolute disability, or discovery of chronic illness; release from mortgage repayments and related insurance following unemployment and 50% payment before death on discovery of terminal illnesses.
The company also offers a range of life insurance products for death and other coverage for disability from accidents, and double the amount for accidental death both personal and group coverage.

Marketing & Distribution
AIG Israel markets products through a rangee of distribution channels such as: direct telephone call center; insurance agents; Internet; and cooperation with various bodies in the market such as the Israel Post Office, banks, credit card companies, retail bodies and more.

Targets
Stress on keeping customers; increasing sales in each sectorr both directly and through agents; creating a balance between insurance sectors so there is no dependency on a single sector; continually examining new distribution channels; continual awareness of customer’s needs and developing new products accordingly; nurturing excellence in all the company’s units.

Business Insurance Quotes FAQs

s a business owner, one of your first concerns should be obtaining the right business insurance. You want to make sure that every aspect of the business will be covered if a situation arises. This can include natural disaster damage to the structure and property, coverage for all materials and products within the building, liability coverage and other additional coverage. Having the right insurance can protect your business if there is ever an issue. The liability insurance can offer protection for lawsuits. Choosing the right business insurance policy can be a tedious chore. It will take a lot of time and research, but it is time well spent. You want to make sure that your business is always protected. The right insurance policy can be the difference between business success and failure.

When first starting, it is best to obtain as many quotes as possible. This will provide you with a lot of information that you will then have to sort through. You will need to know what kind of coverage you want for the business and compare the prices and coverage from each insurance company providing a quote. It is important to find the coverage that meets the specific needs of the business. Business owners should conduct an annual risk analysis. This will help to determine what kind of insurance you should have.

A common question when looking for business insurance is whether there is a package deal. Most insurance companies do in fact offer insurance packages. They are referred to as business owner policies. These policies combine different coverage. They are usually offered at a discounted price. This is one way to save a little money on the insurance. The size of your business is also very important. There are policies specifically designed for small and medium sized businesses.

One type of coverage that is important is worker's compensation. Business owners should know how to calculate the compensation. To determine this, divide all employees into groups that are assigned a rating factor. That rating factor is then multiplied by the amount of money being paid to that specific group. The sum will equal the net premium. Taxes and fees are then added. This will give you the premium for worker's compensation.

Another common question posed when seeking business insurance is whether business interruption insurance is needed. This insurance is similar to theft and fire insurance on a home or vehicle. It is an additional insurance that provides compensation if the business is closed due to a natural disaster. Many times, the actual damage is less than the amount that is lost by being closed. This insurance will cover those losses. The amount of coverage will be determined when the policy is selected.

Home business insurance is easier to obtain and is less complicated. Most materials will be already covered by a homeowner's policy. This reduces the cost of the business insurance. You may choose to add additional coverage if you feel your existing homeowner's policy does not cover business materials. Make sure to obtain liability insurance when operating a business at home. Malpractice and disability insurance are often added to the policy as well.

Many companies choose to hire a broker to handle the insurance affairs. Regardless of how you go about obtaining the quote, make sure to take the time to read all available information. You need to know exactly what the policy will cover. Choosing the right insurance policy for your business will provide you with security and will protect the business. Always make sure to cover everything associated with the business. Do not take any chances by cutting corners to save a few dollars on a premium.

Landlord Insurance

Landlord Insurance is important to have if you own one property or many properties. Landlord Insurance can cover various risks that come with owning and renting a property. With Simply Business you can compare quotes for Landlord Insurance to find the best level of cover for your property and at the best price.

What does Landlord Insurance cover?

Major risks – Your property will be covered for major risks such as fire or flood

Landlord Liability Cover – You will be insured for injury caused to another person in relation to your property

Tenant default – This insurance can be added to your policy if you want peace of mind that you will be covered to be able to pay your mortgage if your tenants default on their rent payments

Employers’ Liability Cover – If you employ anyone in relation to your property you will need by law to have Employers Liability Insurance. This will protect you if an employee is injured or falls ill whilst at work

Other cover – You may wish to include with your policy other cover such as terrorism, legal expenses and accidental damage

Why Choose Simply Business for your Landlord Insurance?

Simply Business gives you the ability to compare different quotes and buy your insurance online. With us you can:

• compare quotes for your Landlord Insurance from leading UK providers
• tailor your insurance to meet your needs so you receive the level of cover you would like and any additional cover you think you will need
• buy your insurance online in a few quick steps
• receive your insurance documents electronically within seconds of buying your policy
• speak to a customer service advisor at our UK contact centre if you have any questions or need help with choosing the insurance that is right for you

Tailor your Landlord Insurance to meet your needs

With Simply Business you can make sure that your insurance meets your needs as a landlord.

If you have any questions about what type of Landlord Insurance you think you should buy or you are not sure if you have received the best quote for you, you can speak to a customer advisor at one of our UK contact centres who will be able to get you the quote that is best for you.

Van Insurance

Vans are vital to the daily running of many types of business. They are used for deliveries, for transporting stock and equipment, for getting to worksites and to visit clients. If you run a van for your business, you'll want to make sure it has the right insurance cover so that if an accident happens you won't find yourself unable to get to work.

Insurance is compulsory for business vehicles just as it is for personal cars. Getting a Van Insurance quote has never been easier because an online Van Insurance provider such as Simply Business can offer tailored quotes to meet your business needs.

Compare insurance quotes for Commercial Vehicle

Van Insurance Benefits

Third Party Fire & Theft covers you for damage or injury you cause to another person or their property. This cover also provides protection against having your vehicle stolen or damaged by fire.

Comprehensive insurance provides you protection for any damage you may cause to a third party. It also gives you reassurance that your own van is covered if damaged in an accident. Many policies will provide courtesy vehicles whilst yours is being repaired.

There are a range of additional benefits which insurance companies provide within their cover, which can include damage to your windscreen, EU cover, medical expenses, and others. Be sure to check the policy wording before you purchase to make sure those benefits you value are included within the coverage.

In what situation might you need Van Insurance?

Accidents happen and they are something you have to be prepared for, sometimes no matter how unlikely you think it could be. For example, an employee of your company is driving your van to a job and has an accident. They have hit and damaged another person's car, and also damaged your van.

If you have comprehensive van insurance you will be covered for the damage caused to the other person's car as well as to your own van. Fortunately because you also purchased multi-driver insurance, your employee was covered to drive the business van so the accident was completely insured.

This is the type of incident that does happen and comprehensive van insurance can save you money and time when dealing with something like this.

Why choose Simply Business for your Van Insurance?

Simply Business offers you a cost effective way to buy your van insurance online, the benefits of using Simply Business are:

• Receive competitive quotes from 5 different insurers: Aviva, Brit, Fortis, Groupama and Zurich
• Tailor your online van insurance quote to meet your individual business needs
• Insure multiple drivers
• Buy your insurance online quickly and easily
• Receive your insurance documents online within seconds of buying your policy
• Speak to a customer service advisor about your insurance requirements and get the right insurance for you

By looking for an online Van Insurance quote you give yourself a great chance of finding a quote that meets your needs as a business. By getting a quote with Simply Business you are able to have peace of mind that your Commercial Van Insurance will covers exactly what you need.

Landlord Building Insurance

Landlord Buildings Insurance protects your rental property against damage to the building from events such as a fire or flood. Simply Business can give you a choice of quotes to compare and buy, which can include buildings insurance. There are also a choice of optional covers that can be included in your policy.

What does Landlord Buildings Insurance cover?

Buildings Insurance for landlords covers the cost of damage to your property caused by certain events, such as a fire or flood. The price of the insurance is normally calculated to take into account the complete re-building of the property. Buildings insurance does not cover the contents of the building so separate cover must be taken to protect items such as furniture.

Why choose Simply Business for your Landlord Buildings Insurance cover?

With Simply Business you can compare buildings insurance quotes for your buy-to-let or commercial let as part of a comprehensive landlord insurance policy.

• compare a range of landlord insurance quotes from leading insurers
• tailor your insurance to meet your needs
• buy your insurance online in a few quick steps
• receive your insurance documents electronically within seconds of your purchase
• call our UK contact centre if you need help

Business Insurance - Managing Your Risk

Business insurance protects you and your business with coverage for claims related to allegations of negligent activities or failure to use reasonable care. As one of America's leading online providers of business insurance for computer consulting and IT services firms, TechInsurance has helped thousands of businesses and individuals get the small business liability insurance they need. When you buy insurance from us, you get exclusive access to the years of experience and expertise we have accumulated in the business insurance industry. You need business insurance specifically designed to address the risks associated with IT services.

General Liability Insurance Coverage

TechInsurance works with leading carriers such as Hartford Insurance to provide Commercial General Liability insurance and Workers Compensation insurance for as little as $350 to $500 each per year. Check out our general liability insurance and property package policy that provides small business liability insurance as well as protection for your company's computers and other assets.

Professional Liability Insurance

Professional Liability insurance provides protection against claims that the policyholder becomes legally obligated to pay as a result of an error or omission in his professional work. Also known as Errors and Omissions insurance, this type of professional liability insurance is critical to your business. E&O insurance responds to claims of professional liability in the delivery of your technical services. Allow us to customize an errors and omissions insurance policy for you that is affordable and effective.

Commercial Property and Liability Insurance: Separating Fact From Fiction

If you’re feeling confounded over your choices of business insurance policies, don’t worry – you’re not alone. It can be overwhelming when you start thinking about everything that could go wrong – and what insurance you might need to protect yourself and your business.

For example, you may think you need to buy commercial property insurance liability coverage. In reality, this specific type of insurance doesn’t exist in a single policy. What’s recommended for small and medium businesses is coverage provided by different coverages , such as commercial liability insurance and business property insurance. Another option is a basic business owner’s policy, which includes elements of both, in addition to other types of coverage specifically for your business.

Let’s take a closer look at these different types of insurance.

Commercial liability insurance

A commercial or business liability insurance policy pays for losses arising from real or alleged injury [that results in a lawsuit filed against your company]. It covers bodily injury occurring on your business premises or arising from your operations, such as someone falling and breaking an arm, property damage such as an appliance installation worker damaging a family heirloom. And, it also protects you for such things as libel, copyright infringement or wrongful eviction. For anyone owning a business, commercial general liability insurance is something you cannot do without.

Property Insurance

Property insurance is any type of commercial insurance that reimburses a party that has suffered a loss because property has been damaged or destroyed. “Property” is considered to be any item that has value, and is classified as real property, such a building; or personal property, such as someone’s computer.

Basic property insurance policies typically cover explosions, fire, lightning, windstorm, hail, smoke, aircraft or vehicle damage, vandalism, sprinkler leakage and sinkhole collapse. Additional coverage can be added for water damage, damage from the weight of snow, ice or sleet, breakage of glass and coverage for falling objects.

Business owner's policy (BOP)

Sometimes known as a BOP, this policy combines standard levels of property, liability and other types of coverage (known as endorsements), which can be added to customize the policy and meet the specific needs of a business. A business owner’s policy is usually recommended for businesses with less than 100 employees and under $5 million in sales.

Contact a Nationwide agent today, and learn why this is one of the easiest business decisions you can make today.

Business Liability Insurance Options: Customizing Your Policy

Business liability insurance is a critical part of any insurance portfolio, regardless of your industry. Nationwide offers great basic plans that can be easily customized with a wide variety of business liability insurance options to give you the coverage you need. The first steps are to shop, compare plans and weigh the options.

"It's not uncommon for a business owner to purchase a policy from the first company he talks to," says Brenda Miller, Sales Supervisor for Nationwide. "And too often, that quick decision means he didn't discuss the commercial liability insurance options which can leave the company vulnerable."

You can enhance a basic commercial liability insurance policy with additional coverage, known as endorsements, that meet the specific needs of your business. Typical liability insurance endorsements include:

Employment Related Practices Liability Insurance

This insurance covers wrongful termination, wrongful refusal to employ, invasion of privacy, or defamation claims made by your employee against you, the employer.

Directors and Officers (D&O) Liability Insurance

Provides coverage for situations where a poor decision was made by a company’s board of directors or officers resulting in a claim for damage. Coverage can be provided for condominium associations, golf courses, and churches.

Liquor Liability Insurance

Protects you against claims for injury sustained by reason of you selling, serving or furnishing any alcoholic beverage during the course of your business operations.

Hired and Non-Owned Auto Liability Insurance

Provides auto liability coverage for short-term auto rental (hired) or for employees using their personal auto (non-owned) during the course of business.

Professional Liability Insurance

Protects you and your business from potentially catastrophic litigation caused by charges of professional errors, mistakes or failure to perform your professional duties.

Product and Completed Operations Liability Insurance

Provides protection for bodily injury and property damage that occurs away from your premises that are caused by your products or your work. The amount of coverage and the level of risk all depend on the business type.

Fire Legal Liability

Provides coverage for fire damage to a premises you rent or occupy with the landlords permission. You must have been negligent in causing the fire for this coverage to respond.

Errors and Omissions Liability Insurance

Protects you and your company in the event of a negligent act, error or omission. This coverage is similar to Professional Liability however, it applies to vocations where performance, formal study and licensing standards apply but they are not held to the same very high standard of care required by medical and other professional trades. Coverage can be provided to building trade contractors (negligent act), and printers (errors in printed document).

Umbrella Policies

These policies extend coverage over and above your other liability coverage. It’s designed to protect against unusually high losses when the policy limits of one of the underlying policies have been used up.

Business Recovery: Planning for Disaster

It is impossible to know when a disaster such as a flood, hurricane, earthquake or tornado is going to strike. When it does, the ability of your business to weather the storm and quickly resume normal operations may depend on the measures you take today.

Here are a few tips:

• Prepare an inventory of the items and equipment used in your business. You may also want to videotape these items and then store both the inventory and the video in a safe location, away from your property.
• Back up your business computer records at least weekly and store a copy of this information in a safe location off-site.
• Develop a list of your computer hardware and software, including model names and serial numbers. Also include the name of one or two computer equipment suppliers who could assist you in setting up in an emergency.
• Consider where you could temporarily relocate your business in an emergency to continue operations.
• Construct a financial plan to cover continuing payroll expenses and debt obligations.
• Keep a name and telephone number list of contractors or repair firms who could make emergency temporary repairs or board up windows should some of your buildings be damaged.
• Maintain a list of key suppliers, creditors, customers and employees you need to contact in case your business operations are interrupted. Consider occasionally using suppliers outside your local area so you have a source for items should your local suppliers also be impacted by the disaster.
• Keep a list of your insurance policies with your agent's name and telephone number.

If disaster strikes

If your business has incurred damage, contact your State Farm® agent. If you have already reported your claim, your claim representative will assist you with your questions and will provide helpful information regarding the claim process.

While not a comprehensive list, the following ideas can help get your business back on the road to recovery.

Safety First

The safety of employees and the general public, as well as verifying your business is operational, should be a priority. Whether you own your building or not, the safety of employees, customers and others who might be on the premises is an important consideration.

• If you own the building, take prudent steps to determine the building's safety and the extent of damage.
• Make temporary repairs necessary to protect your property from further damage, such as boarding up windows or doors and covering holes in the roof.
• If you do not own the building, notify the owner of any damage.
• If the building is not useable, consider an alternative location to conduct your business. Discuss relocation plans with your claim representative.
• In the event utilities, phone service, gas lines, etc. need to be restored, contact the appropriate companies for repair service.
• Consider restoration of damaged fire detection and sprinkler systems.

Security

In post-disaster situations, the physical security of your building and contents should receive immediate consideration.

• Determine what actions are needed to secure entry points to unstable buildings, reducing the likelihood of unauthorized people gaining entry.
• Consider restoration of burglar alarm systems,
• Consider the possible need for security guards in the event additional protection is needed to reduce the chance of further loss to your business property.
• If you do not own the building, work with the owner to determine the best means to protect your property.
• If necessary, relocate equipment and property to a protected area.

Damage Assessment and Cleaning

Perform an inspection of your property. Compile a complete description of damage, including damage to your building, equipment and inventory.

After itemizing, set damaged property aside and in the best possible order for examination. If circumstances require immediate disposal of any property, it is advisable that photographs or other documentation be retained in order to identify all items destroyed.

Consider the condition of the ventilation, drainage and other sanitation systems within the building. If you and your employees are involved in clean-up activities, consider appropriate safety gear such as gloves, eye goggles, etc.

Business Interruption

Your business insurance policy may respond to the loss of business income from an insured loss. Review this coverage with your agent and/or claim representative.

If your policy provides business interruption coverage, the following items will assist you in the claim process:

• Historical sales records
• Income and expense information as shown in recent profit and loss statements and/or income tax forms.
• A record of extra expenses incurred to resume business operations after a covered loss. Such expenses could include temporary rental space, temporary equipment rental and moving expenses.
• Receipts/records for damaged inventory.
• Other business records that may help project what your business's profits might have been had a loss not occurred.

Business Auto

State Farm® business auto insurance provides comprehensive coverage against damage or liability claims involving a business vehicle. Whether you have a small operations or a fleet, if your business depends on vehicles, State Farm business auto insurance can meet your needs.

Who and what we can cover

State Farm business auto insurance can provide coverage for a wide variety of vehicles such as delivery vans, refrigerated vehicles, tractor-trailers, utility trucks and private passenger vehicles used in many types of businesses, including florists, contractors, real estate, retail, wholesale, farming and more.

Coverage* options

• Liability
• Medical Payments Coverage
• Personal Injury Protection
• Comprehensive
• Collision
• Emergency Road Service
• Car Rental and Travel Expenses
• Uninsured Motor Vehicle
• Underinsured Motor Vehicle
• Death, Dismemberment & Loss of Sight
• Loss of Earnings

*Coverage availability may vary by location, vehicle type, and business use.

Value you want, personal service you deserve
State Farm business auto insurance offers you comprehensive coverage at a competitive rate. It also offers you our unbeatable Good Neighbor service. Twenty-four hours a day, wherever you go, count on prompt and fair claim service from your agent or any of the thousands of State Farm agents or claim representatives across the U.S.

Business Liability Insurance from Nationwide

Business liability insurance is something you cannot do without. As someone who runs a business, you are familiar with the day-to-day uncertainties of small business management. Isn’t it nice to know that you and your business can depend on premium business liability insurance from Nationwide?

Nationwide understands you need complete business protection not just your “one size fits all” coverage. We cover medical expenses, attorney fees and damages when you are legally responsible and other situations that may not have even crossed your mind, regardless of your planning.

We understand all of the hard work you have spent on your business plan – the number crunching, careful planning and endless hours you’ve invested. And because accidents can – and do – happen, Nationwide’s professional liability insurance can protect you and your business. For example,

Did you know?

Any individual or business providing an opinion, making recommendations, designing solutions or offering a service is at risk for a professional liability lawsuit?

Nationwide can help with defense costs, regardless of fault. And we offer protection for judgements, court costs and more

Get the small business liability coverage you need

Your insurance needs are unique to your business. Based on the business liability insurance requirements for your company, we can work with you to determine the right type of general business liability insurance coverage for every stage of your business.

We offer coverage for:

• Professional liability insurance
• Products and completed operations
• Fire legal liability
• Medical payments
• Premises liability
• Employer’s liability insurance, employee benefits liability and employment-related practices liability