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AIG – American Insurance Group Inc.

Whatever your insurance needs – AIG has a suitable package for you!

Are you a fast moving business professional? Do you have offices worldwide? Are you an expatriate, who is looking for a trustworthy insurer in your current country?. Whoever and where ever you are, shouldn’t your insurance provider be there too?

American insurance group Inc., which is also known as AIG, was founded by Cornelius Vander Starr in 1919. Until early 1949, the headquarters of AIG was based in Shanghai, China.

During 1949 Starr moved the headquarters of AIG Insurance to its present location – New York. AIG has since expanded and is now present in many countries worldwide.

In 1962, American insurance group’s more unpopular insurance choices were given a facelift by Maurice R. Greenberg, who later became Starr’s successor; the face lift Greenberg executed cut the prices of the lagging US holdings increasing their popularity.

Although AIG Insurance opened its doors publicly in 1969, the company had already amassed quite a following of clients in the private sector.

Today AIG offers an array of insurance packages in both the private and business sector such as: Auto and motor vehicle insurance, net worth, homeowners, Identity theft, personal health, personal property, as well as sports and leisure.

For individuals who like to travel AIG also offers travel insurance, which protects you while you are traveling worldwide. AIG provides for trip cancellation, travel interruptions and aiding in covering the cost of medical emergencies or other health expenses on your journey.

AIG Insurance offers businesses affordable coverage as well. Coverage areas include: employers liability, which is also known as workers’ compensation, energy environment liabilities, major accounts practice-which provides insurance and risk management solutions to companies, which are located outside of the United States, marine-covers commercial importers /exporters and vessel owners and operators, political risk and trade credit-for the multinational corporations professional and Management liabilities- protect executives and other professionals against allegations of wrong doing niche management and the negligence and other allegations. Property and specialty insurance — which covers the special areas such as: terrorism and alternative risks. Also offered to businesses are financial services through a subsidiary AIG’s international lease finance Corp.

In the United States AIG Insurance is the largest commercial and industrial insurance underwriter. They are one of the best.