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AIG EXCESS CASUALTY® INTRODUCES AIG EXCESSADVANTAGE; NEW BROKER INITIATIVE PROVIDES SUPPORT SERVICES FOR COMMERCIAL UMBRELLA PRODUCERS
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NEW YORK--Oct. 6, 2004--AIG Excess Casualty®, a division of the property and casualty insurance subsidiaries of American International Group, Inc. (AIG), today announced the launch of AIG ExcessAdvantage, a new program designed to provide one-on-one support services and executive interaction to commercial umbrella/excess casualty producers nationwide.

As part of AIG ExcessAdvantage, AIG Excess Casualty will offer brokers unique access to the resources and expertise of the AIG Companies, including:

  • An AIG Excess Casualty senior executive liaison;
  • A dedicated claims contact;
  • Priority servicing, including policy issuance;
  • Access to a large claim database;
  • A detailed monthly review of producer-specific results; and
  • Information on claims trends, tort reform and financial solvency issues through a dedicated series of AIG ExcessAdvantage communications materials.

"AIG ExcessAdvantage is designed to improve communication and establish a new level of service between commercial umbrella producers and AIG Excess Casualty," said David Perez, President, AIG Excess Casualty. "By creating a priority service program for brokers enrolled in AIG ExcessAdvantage, we hope to facilitate an enhanced dialogue with new distribution channels and improve our relationships with our longstanding producer network."

To learn more about AIG ExcessAdvantage, please contact Diana Leaf, Senior Vice President, AIG Excess Casualty, at (212) 458-5853 or Diana.Leaf@aig.com.

American International Group, Inc. (AIG) is the world's leading international insurance and financial services organization, with operations in more than 130 countries and jurisdictions. AIG member companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In the United States, AIG companies are the largest underwriters of commercial and industrial insurance and AIG American General is a top-ranked life insurer. AIG's global businesses also include retirement services, financial services and asset management. AIG's financial services businesses include aircraft leasing, financial products, trading and market making. AIG's growing global consumer finance business is led in the United States by American General Finance. AIG also has one of the largest U.S. retirement services businesses through AIG SunAmerica and AIG VALIC, and is a leader in asset management for the individual and institutional markets, with specialized investment management capabilities in equities, fixed income, alternative investments and real estate. AIG's common stock is listed on the New York Stock Exchange, as well as the stock exchanges in London, Paris, Switzerland and Tokyo.

CONTACT:
American International Group, Inc.
Andrew Silver
212-770-3141