|AIG EXECUTIVE LIABILITY INTRODUCES PAPERLESS POLICIES FOR BROKERS AND CLIENTS|
NEW YORK, Feb 20, 2008 -- AIG Executive Liability(SM), a division of the property-casualty insurance subsidiaries of American International Group, Inc. (AIG), today announced that the division is now using the AIG eDelivery(R) system to issue policies and endorsements to brokers. AIG eDelivery is an Internet-based system that allows brokers to track submissions, organize and download policies and endorsements.
Communication between the broker and the underwriter will significantly improve using AIG eDelivery because contact information will be provided along with details of a submission or policy. By delivering policies and endorsements in PDF format, policy distribution to the broker and the subsequent broker delivery to the client will be faster and more efficient. The ability to access the submissions, policies and endorsements from any computer with Internet access will simplify how brokers interact with AIG Executive Liability. Lastly, brokers will have the ability to quickly access an archive of all policies they have issued and all submissions that have been entered into the AIG eDelivery system.
"Electronic issuance of policies and endorsements benefits our customers by offering efficiency and accuracy with document transactions and benefits the environment by going paperless. AIG eDelivery will also help the environment by saving approximately 15 tons of paper and reducing CO2 emissions by 40,000 pounds annually," said John Q. Doyle, President and CEO, AIG Executive Liability. "AIG Executive Liability has adopted the AIG eDelivery platform in an ongoing commitment to enhance our servicing capabilities."
For more information about AIG eDelivery, please contact your local AIG Executive Liability office or e-mail firstname.lastname@example.org.
American International Group, Inc. (AIG), a world leader 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 and Tokyo.
SOURCE: AIG Executive Liability
AIG Executive Liability