AIG Decline Coverage For McLaren Driven In Malaysia

In an unusual move, motor insurer AIG has decided not to insure McLaren sports cars when they cross the Causeway. The move comes after a recent accident in Johor involving three McLarens as a group of British sports cars headed south towards Kluang on October 29, 2023. No one was injured in the incident.

In a correspondence with an insurance broker, AIG said its decision was due to “an exceptional increase in the frequency of serious accidents involving McLaren vehicles in Malaysia.” From April 1, 2024, the insurer said it will not be liable for losses arising from accidents that occur outside Singapore.