AIG launches parametric cloud outage insurance product in the US

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AIG Expands Cyber Insurance Offering to Help Businesses Manage Cloud Outage Risks

August 13, 2026 4:05 PM EDT

New Parametric Cloud Outage Solution Helps Businesses Protect Against Cloud Disruptions and Receive Faster Claims Payments

NEW YORK--(BUSINESS WIRE)-- American International Group, Inc. (NYSE: AIG) today announced a new Parametric Cloud Outage Solution, providing clients an additional layer of cyber insurance protection to help them recover faster from business interruption losses resulting from cloud service outages and cloud provider downtime. These events can disrupt operations, customer transactions, and access to critical business applications.

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