|AIG'S NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA LAUNCHES AIG EPRO|
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Web-Based Quoting and Binding System Designed to Quickly Bind, Compare and Expedite Quotes
NEW YORK--Jan. 25, 2006--National Union Fire Insurance Company of Pittsburgh, Pa.(R) (National Union), a member company of American International Group, Inc. (AIG), today announced the release of AIG ePro(sm), a Web-based system allowing brokers to quote and bind PrivateRisk Protector(R) coverages in just minutes. PrivateRisk Protector is a portfolio of management and professional liability coverages designed for private companies.
AIG ePro was engineered for brokers to simplify the selection of coverages, generate quotations and electronically issue policies for private companies with up to $100 million in revenue or up to 1,000 employees. Using AIG ePro, brokers can create a customized portfolio of coverages online, while reducing time and documentation. In addition, AIG ePro enables brokers to: immediately determine if an on-line quote will be generated or if underwriting review is required; deliver e-policies in lieu of or in addition to hard copies; determine eligibility by a quick search of a broad array of eligible risks by SIC codes; communicate directly by e-mail with appropriate underwriters; and access world class technical support and online training.
"AIG ePro was created in response to brokers demands for a quick and efficient system to expedite a transaction between the broker, client and insurer," said Brian Inselberg, president of National Union's Private and Not-for-Profit Division. "We expect AIG ePro to immediately help reduce brokers' transaction costs while more efficiently servicing private companies."
Initially, AIG ePro offers private companies the ability to choose from the six coverages in the PrivateRisk Protector portfolio, including: directors, officers and private company liability insurance; employment practices liability insurance; pension trust liability insurance; fidelity and crime coverage; employed lawyers professional liability insurance; and internet media liability insurance.
For more information on AIG ePro, please visit www.aignationalunion.com, call (877) TO-SERVE (877-867-3783) or email us at: email@example.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 in the U.S. on the New York Stock Exchange and ArcaEx, as well as the stock exchanges in London, Paris, Switzerland and Tokyo.
*Insurance is underwritten by member companies of American International Group, Inc., and is subject to underwriting 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 states. Non-insurance products may be provided through independent third parties.