ROBOTICS SHIELD PROFESSIONAL, GENERAL, AND PRODUCTS LIABILITY · ROBOTICS SHIELD PROFESSIONAL,...

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Transcript of ROBOTICS SHIELD PROFESSIONAL, GENERAL, AND PRODUCTS LIABILITY · ROBOTICS SHIELD PROFESSIONAL,...

Page 1: ROBOTICS SHIELD PROFESSIONAL, GENERAL, AND PRODUCTS LIABILITY · ROBOTICS SHIELD PROFESSIONAL, GENERAL, AND PRODUCTS LIABILITY CURRENT MARKET TRENDS THAT LEAD TO THE POTENTIAL RISKS*

ROBOTICS SHIELD PROFESSIONAL, GENERAL, AND PRODUCTS LIABILITY

CURRENT MARKET TRENDS THAT LEAD TO THE POTENTIAL RISKS*

Surging Market Growth in Global Robotics Industry

Rapid Advances in Artificial Intelligence, Automation, and Robotic Systems

Increasing Uncertainty in Robotics-Related Claims

The next decade will be heavily influenced by robotics and artificial intelligence, redefining the way humans interact with robots and giving rise to new and emerging risks.

Service Robotics Market growing over 17% Compound Annual Growth Rate (CAGR)2

Provides professional liability coverage specially geared to robotics services.

Definition of pDefinition of professional services includes "Artificial Intelligence Architecture" and expansive definitions of both "Robotics Products" and "Robotics Services".

AbiliAbility to combine multiple Specialty Risk Protector® coverages under one policy.

Robotics Errors & Omissions Insurance

Lexington Insurance provides general liability and products liability insurance geared for the robotics industry.

Definition of "Your Product" includes "Artificial Intelligence Architecture" and "Robotics Product".

Enhanced with CrisisEnhanced with CrisisResponse® coverage.

Unmanned Aircraft Liability coverage is also available by endorsement.4

General Liability and Products Liability Insurance

Support policyholders in navigating the new and shifting terrain of robotics-related risks and helps to mitigate exposures.

Up to eight Up to eight hours of confidential consultation, provided by attorneys at Littler Mendelson, P.C., who specialize in Robotics, Artificial Intelligence and Automation.

Specialized Robotics Risk Management Services

Professional, general, and products liability robotics-related claims processed through a single point of contact.

Dedicated robotics claims specialists.

RoboticsClaims Team

ROBOTICS SHIELD: ENDTOEND RISK MANAGEMENT FOR THE BOOMING ROBOTICS INDUSTRY

American International Group, Inc. (AIG) is a leading global insurance organization serving customers in more than 100 countries and jurisdictions. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the United States. AIG common stock is listed on the New York Stock Exchange and the Tokyo Stock Exchange.

Additional information about AIG can be found at www.aig.com | YouTube: www.youtube.com/aig | Twitter: @AIGinsurance | LinkedIn: www.linkedin.com/company/aig

AIG is tAIG is the marketing name for the worldwide property-casualty, life and retirement, and general insurance operations of American International Group, Inc. For additional information, please visit our website at www.aig.com. All products and services are written or provided by subsidiaries or affiliates of American International Group, Inc. Products or services may not be available in all countries, and coverage is subject to actual policy language. Non-insurance products and services may be provided by independent third parties. Certain prproperty-casualty coverages may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds, and insureds are therefore not protected by such funds.

© American International Group, Inc. All rights reserved. 1029D 3/16

CONTACT THE ROBOTICS SHIELD TEAM TODAY

JEANMARIE GIORDANOChief Underwriting Officer, Professional [email protected](212) 458-2850

BOB NEVINProducts Liability Product [email protected](617) 772-4546

To learn more, visit www.aig.com

*shared.littler.com/tikit/2014/14_Robotics_Event_2-14/pdf/WP_Robotics_2-12-14_download.pdf (The Transformation of the Workplace Through Robotics, AI and Automation) *carriermanagement.com/features/2015/08/27/144510.htm(The Impact of Robots Replacing Humans in the Workplace)

1 tractica.com/newsroom/press-releases/global-robotics-industry-to-surpass-151-billion-by-2020/ (Global Robotics Industry to Surpass $151 Billion by 2020)2 marketsandmarkets.com/PressReleases/service-robotics.asp (Service Robotics Market worth 18.02 Billion USD by 2020)3 researchandmarkets.com/research/rskk9t/global_industrial (Global Industrial Robotics Market in Heavy Industries 2016-2020)4 http://www.aig.com/uav_3171_659652.html