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AI RISK(R) INTRODUCES RADIOLOGY SOLUTIONSSM, A PORTFOLIO OF INSURANCE POLICIES TAILORED FOR DIAGNOSTIC RADIOLOGY FACILITIES
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NEW YORK--Feb. 26, 2007--A.I. Risk Specialists Insurance, Inc. (AI Risk(R)), a member company of American International Group, Inc. (AIG), today announced the introduction of AI Risk Radiology SolutionsSM, a portfolio of property and casualty insurance coverages written specifically to address risks of diagnostic radiology facilities. These coverages will be underwritten by the AIG Healthcare Department of AI Risk.

"More than two decades of addressing the risks of diagnostic radiology facilities has given us a deep understanding of the exposures of this sector and the ability to effectively address this unique market," said Daniel McGinnis, AI Risk Director of Healthcare. "This expertise led to the development of AI Risk Radiology Solutions, which provides insurance coverage for the radiology market in one convenient, efficient portfolio."

Radiology Solutions will offer a selection of customized insurance policies for the distinct needs of diagnostic radiology providers, which include, but are not limited to:

  • Property insurance, which can be extended to include equipment breakdown insurance. Equipment breakdown insurance is underwritten by industry-leader Hartford Steam Boiler and gives policyholders access to the loss control and consulting services of HSB Professional Loss Control, which concentrates on helping businesses to address the complex issues associated with equipment breakdown and to minimize related losses.
  • Individual, primary general and professional liability insurance limits.
  • Workers' compensation insurance underwritten on a guaranteed cost basis.

Radiology Solutions also offers its insureds additional risk management services including consultations services to assess exposures, address compliance issues, and avoid claims.

For more information on Radiology Solutions, contact Dan McGinnis at (212) 770-1172 or daniel.mcginnis@aig.com.

AI Risk(R)is a premier provider of specialty property/casualty and personal lines insurance, including specialty solutions for market niches, "one-stop," multi-line programs for specific industries and personal lines insurance for challenging risks A licensed broker, AI Risk serves as Program Manager delivering programs from Lexington Insurance Company and other member companies of American International Group, Inc. (AIG).

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 London, Paris, Switzerland and Tokyo.

CONTACT:
American International Group, Inc.
Peter Tulupman
Manager of Public Relations
212-770-3141