|AIG PRIVATE CLIENT GROUP EXPANDS ITS MOBILE WILDFIRE PROTECTION UNIT(R) TO REACH MORE RISK-PRONE AREAS IN CALIFORNIA AND COLORADO|
Policyholder Demand Leads to Doubling of Mobile Truck Fleet
NEW YORK--June 18, 2008--AIG Private Client Group, a division of the personal lines property and casualty insurance subsidiaries of American International Group, Inc. (AIG), today announced that its Wildfire Protection Unit(R) service has doubled the number of trucks in its fleet and expanded its reach to other communities within California and Colorado, as a result of policyholder demand.
The Wildfire Protection Unit, the first-ever mobile wildfire mitigation service, was created by AIG Private Client Group in 2005 as a proactive means to bolster the protection of policyholders' homes throughout wildfire season. The complimentary service is available exclusively to AIG Private Client Group policyholders who reside within designated response areas.
Through an exclusive partnership with Firebreak Spray Systems LLC, an industry leader in wildfire mitigation, the Wildfire Protection Unit reviews safety measures with policyholders and utilizes Phos-Chek(R), the same environmentally friendly fire retardant used by the U.S. Forest Service. Phos-Chek is safe around plants, animals and people, and it does not stain or damage the home. Unlike gel-based retardants, which offer short-term protection, Phos-Chek can last an entire wildfire season or until washed off with a hose or heavy rainfall.
"Every homeowner should be adequately insured so, if disaster strikes, the cost to completely rebuild is covered," said Charles Williamson, President, AIG Private Client Group. "At AIG Private Client Group, we supplement our financial protection with loss prevention services like the Wildfire Protection Unit to help our clients avoid property damage from occurring in the first place."
The range of Wildfire Protection Unit services includes:
Currently the Wildfire Protection Unit serves AIG Private Client Group policyholders who reside in the following areas and enroll to participate:
For more information on AIG Private Client Group's Wildfire Protection Unit, visit www.aigpcg.com, call (800) 899-2409 or contact an independent insurance broker for assistance.
AIG Private Client Group provides property and liability insurance solutions for successful individuals and their families. Its innovative products are underwritten by the member companies of American International Group, Inc. AIG Private Client Group's portfolio of insurance products includes homeowners, excess liability, automobile, private collections, excess flood, yacht and more. AIG Private Client Group also offers an extensive range of services to minimize the risk of property damage for its policyholders.
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 Ireland and Tokyo.