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AIG Aviation Select Provides Aviation Operators One-Stop Risk Management Shopping Through Preferred Aviation Underwriters

NEW YORK & ATLANTA, Sep 25, 2007 (BUSINESS WIRE) -- AIG Aviation, Inc., a member of American International Group, Inc. (AIG) today announced AIG Aviation Select(SM), a new service allowing aviation operators to purchase a comprehensive portfolio of insurance coverages in one stop, eliminating the need to go to multiple sources to obtain comparable insurance products. AIG Aviation Select will enable aviation operations, including airports, fixed base operators (FBOs) and general aviation clients, to obtain aviation workers' compensation, property, directors and officers liability (D&O), errors & omissions liability (E&O), employment practices liability (EPL), and auto and environmental liability coverages through a single point of contact. AIG Aviation Select service is available through Preferred Aviation Underwriters, an insurance broker specializing in property and casualty coverage specific to the needs of the aviation industry.

"Obtaining the right balance and mix of coverages has been difficult for the more than 4,000 FBOs and 5,000 airports in the United States. Now, with AIG Aviation Select, they have the 'one-stop' convenience of one-source shopping, backed by the experience and financial strength of the AIG Companies," said David M. Hupp, President and Chief Executive Officer of AIG Aviation. "AIG Aviation's relationship with Preferred Aviation Underwriters allows aviation insurance agents and brokers to consult with a single point of contact to evaluate their total insurance needs and protect themselves accordingly."

For more information on AIG Aviation Select, contact Kim Stufflet at Preferred Aviation at 770-476-1980 or kstufflet@preferredau.com or Timothy J. Bartos at AIG Aviation at timothy.bartos@aig.com or 404-249-1800.

Headquartered in Atlanta, GA, AIG Aviation is the leading U.S.-based underwriter of aviation insurance, offering aviation insurance for more than 60 years. The organization underwrites aviation risks worldwide and has offices across the U.S. and internationally, in London. It offers a full range of insurance solutions for corporate, commercial, pleasure and business, fixed base operators, airlines, airports, agents and brokers, and aviation manufacturers' product liability. The organization also provides safety and loss control services to customers, for all aspects of aviation operations.

American International Group, Inc. (AIG), world leaders in insurance and financial services, is the leading international insurance organization with operations in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In addition, AIG companies are leading providers of retirement services, financial services and asset management around the world. AIG's common stock is listed on the New York Stock Exchange, as well as the stock exchanges in Paris, Switzerland and Tokyo.

Insurance is underwritten by member companies of American International Group, Inc., and is subject to underwriting review and approval. The description herein is a summary only. It does not include all terms, conditions, and exclusions of the policies described. Please refer to the actual policies for complete details of coverage and exclusions. Coverage may not be available in all jurisdictions. Non-insurance products may be provided through independent third parties.

American International Group, Inc.
Peter Tulupman, 212-770-3141
Manager of Public Relations