AIG vs Beazley: How Do They Compare for Commercial Property Insurance?

AIG markets commercial property insurance and identifies Retail Property as a product area. For domestic and global corporate and risk-management clients, the page describes both risk-transfer insurance and non-risk-transfer fronting or captive solutions; those structures are not the same as an insurance policy issued by AIG. ³Company-reported. AIG’s U.S. Commercial Property page. It does not identify the insurer or fronting company for a particular buyer’s placement.

Beazley underwrites this commercial property line itself, on an excess and surplus lines basis, rather than describing it as a brokered or program-administered product. ⁸Company-reported. North American Commercial Property product page; 'Who we can help' and 'How can we help' sections.

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The product page does not name the specific Beazley entity that issues this commercial property coverage. The insurer named on an actual quote or policy controls. ⁸Not publicly disclosed. Product page as read on 2026-09-23; no issuing-entity disclosure found there.

AIG names businesses including hospitals, universities and global manufacturing among the varied organizations for which it has property options. The page does not provide a complete eligible-class list or state-by-state availability schedule. ³Company-reported. Illustrative customer types on AIG’s U.S. Commercial Property page; examples do not establish an applicant’s eligibility.

Beazley targets mid-sized and large commercial accounts domiciled in the US and Canada, citing example industries such as commercial real estate, retail, hospitality, healthcare, manufacturing and warehousing/distribution. ⁸Company-reported. Who we can help and Where is this offered sections; smaller accounts and other geographies are not addressed.

AIG describes commercial property insurance as protecting business physical property against unexpected events such as storm damage, theft and vandalism, and says coverage can extend to certain work-related contents such as office equipment, furniture, fixtures and inventory. These are examples; actual coverage depends on the facts and each policy’s terms, conditions and exclusions. ³Company-reported. General property description on AIG’s product page, not a summary of a specific policy or all covered causes of loss.

Coverage highlights listed are All Risk Property, Named Selected Peril for named storm, flood and earthquake, parametric coverage available for named storm and earthquake, and standalone coverage for political violence, terrorism and deadly weapons protection. ⁸Company-reported. Coverage highlights bullet list; exclusions, sublimits and triggers are not detailed on this page.

The reviewed page does not state standard property limits, deductibles or retentions for a buyer. Confirm those amounts, covered causes and conditions in the quote and issued policy. ³Not publicly disclosed. AIG’s U.S. Commercial Property marketing page reviewed 2026-09-30; no buyer-specific quote or policy form was reviewed.

Beazley says it can support manuscript and company coverage forms in shared, layered or quota-share program structures, with a stated preference for attaching as the primary layer, but does not publish specific limit, retention or capacity amounts. ⁸Company-reported. How can we help section; dollar figures are not disclosed and depend on the account.

AIG says property risk engineers help clients identify and mitigate loss and that its engineers collaborate with clients on solutions tailored to risk factors. The page does not state that these services are included for every account or guarantee reduced losses. ³Company-reported. Company-described commercial property risk engineering; account-specific service availability is not stated.

Beazley describes an in-house engineering underwriting team for heavy-industry accounts, supporting underwriters who evaluate risk-management and safety investment. ⁸Company-reported. How can we help section; applies to underwriting support, not a distinct paid risk-services offering.

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The reviewed page does not describe an online application or quote process; it lists regional underwriters and product leaders as the contact points for the line. ⁸Not found in reviewed sources. Product page as read on 2026-09-23; access is implied to run through a broker and named underwriters rather than a documented self-serve process.

AIG describes a dedicated Property claims team and a claims promise intended to enable prompt resolution. The page does not publish a service-level deadline or claim outcome guarantee. ³Company-reported. AIG’s company-reported general property claims description; no account-specific claims handling terms were reviewed.

Beazley describes a dedicated, award-winning claims team with experience across a range of industry sectors for this property line, without detailing claims-handling procedures or response-time commitments. ⁸Company-reported. How can we help section; outcome and timeliness statements are not independently verified.