|AIG COMPANIES LAUNCH AIG TRANSPORTATION SOLUTIONS|
New Unit to Provide Insurance Products Specifically for U.S. Trucking Market
NEW YORK--Oct. 22, 2007--The AIG Companies(R) today announced AIG Transportation Solutions, a new unit dedicated to providing insurance solutions for the U.S. trucking market.
The unit, to be headed by Lentz Merisier, Director of Transportation Solutions, will provide a broad portfolio of insurance solutions to trucking operations of all sizes - from major fleets to owner/operators. AIG Transportation Solutions will initially offer workers' compensation, general liability, automobile liability, excess automobile liability, environmental/pollution, excess casualty, and occupational accident insurance to customers. The unit will also offer extensive property, infrastructure and mobile property coverage of all types to protect an insured's cargo and mitigate the financial risk of physical damage to their fleets. A dedicated team of claims and loss control consultants will service the customer claims.
"The specialized brokers handling the complex requirements of the trucking industry can now come to AIG Transportation Solutions to access multiple lines of coverage for trucking fleets to keep them on the road," said Steve Yockel, President, AIG Risk Management, Transportation. "We will work with our producers to provide a 'one stop shopping approach' as it relates to the delivery of products and services which satisfy the specific needs of the customer."
"AIG Transportation Solutions will present a single, coordinated front to the marketplace for this important industry sector that represents the expertise and financial strength of the AIG Companies," added Mark DeMartine Senior Vice President, Sales & Marketing, AIG Domestic Brokerage Group.
AIG Transportation Solutions will launch with five industry focused, multi-line regional underwriting teams situated in Los Angeles, Dallas, Chicago, Philadelphia and Atlanta. For more information on AIG Transportation Solutions please contact Lentz Merisier, Vice President, AIG Transportation Solutions at 212-266-5938 or Lentz.Merisier@aig.com.
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.
*AIG Companies refers to the domestic property and casualty insurance subsidiaries of American International Group, Inc. (AIG). Issuance of coverage 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. Non-insurance services may be provided through independent third parties. Coverage may not be available in all jurisdictions.