Commercial

As your BROKER …

AMI’s goal is to find the right insurance solutions to the special needs and problems of businesses and families.  We will listen to your needs, carefully evaluate your risks, recommend appropriate lines of coverage and shop local and international insurance markets for the best rates in your behalf.  We provide all these services and selection at no extra cost to you.

As your broker, we will look out for and defend your best interests.   Our broker services include: several carrier quotes, policy and account management, claims assistance, and shopping the market upon renewal.   We are Guam and Micronesia’s leading broker for local coverage and commercial excess and surplus lines.

LIABILITY INSURANCE
protects you against claims made because of damage to another person’s (third party’s) property or to bodily injury caused by your negligence.

• Comprehensive General Liability
• Owners’, Landlords’ & Tenants’
• Manufacturers’ & Contractors’
• Directors and Officers Liability
• Excess Liability
• Umbrella Liability
• Professional Liability
• Garage Liability

COMMERCIAL PROPERTY INSURANCE
covers  commercial buildings and their contents against loss caused by fire, typhoon, earthquake, and many other causes of loss.

COMMERCIAL AUTO INSURANCE
covers any vehicle approved for operation on Guam and owned by your business is considered Commercial Auto . Guam Law requires that your vehicle be insured for Liability at a minimum.  In addition, we offer coverage for

• Collision
• Comprehensive Damages
• Uninsured Motorists

WORKERS COMPENSATION AND EMPLOYERS LIABILITY INSURANCE
provides coverage for employee job related injuries or disease.

BUSINESS INTERRUPTION
covers you for loss of income and extra expenses due to business interruption that is a result of a covered cause of loss.

CRIME INSURANCE
many commercial property forms exclude monetary losses and most criminal acts. Crime insurance coverage selection:

• Employee theft
• Forgery or Alteration
• Inside the Premises-Theft of Money and Securities
• Inside the Premises-Robbery or Safe Burglary of Other Property
• Outside the premises
• Computer Fraud
• Funds Transfer Fund
• Money Orders and Counterfeit Paper Currency

EQUIPMENT BREAKDOWN (BOILER AND MACHINERY ) INSURANCE
can be used to  cover loss due to the accidental breakdown of almost any type of equipment that operates under pressure or that controls, transmits, or uses mechanical or electrical power and the resulting business income losses.

INLAND AND OCEAN MARINE INSURANCE
covers many classes of property that involve an element of transportation, such as:

• Cargo Insurance
• Hull Insurance
• Contractors Equipment- Cranes and backhoes
• Builders Risk
• Motor Truck Cargo
• Tractors / cultivators

BUSINESS OWNER’S INSURANCE
a package policy that combines most of the property and liability coverages needed by small and medium sized business:

• Retail, wholesale, service, or processing risks
• Apartment buildings
• Office buildings
• Contractors
• Restaurants

EXCESS AND UMBRELLA LIABILITY INSURANCE
provides additional coverage limits to a primary liability policy. Most umbrella policies provide worldwide coverage.

PROFESSIONAL LIABILITY INSURANCE
also known as “malpractice” or “errors and omissions” (E &O) liability.  Insurance that covers persons in various occupations against liability resulting from their rendering or failing to render professional services.

• Beauticians to physicians
• Accounting
• Law
• Engineering

AIRCRAFT INSURANCE
provides aircraft liability coverage, aircraft physical damage coverage, and other aircraft coverages.

BONDS

• Bid Bond
• Performance Bond
• Supply Bond
• Labor and Material Bond
• Notarial Bond
• Indemnity Bond (Travel Agencies)
• Fidelity Bond

SPECIALTY LINES

• Employment Practice Liability
• Construction Wrap-Up Insurance
• Aviation/Marine Insurance
• Energy, Fuel & Oil Insurance
• Pollution Insurance
• Special Event Insurance
• Directors & Officers Liability
• Insurance for Non-Profit Organizations