AIG Companies Introduce AIG Passport(sm); New Service Facilitates Purchase of Global Directors and Officers Insurance.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- The AIG AIG addressee indicator group (US DoD) AIG American International Group, Inc AiG Answers in Genesis (religious group in defense of Scripture) AIG Artificial Intelligence Group AIG Australian Industry Group Companies today introduced AIG Passport(sm), an enhanced service Enhanced service is service offered over commercial carrier transmission facilities used in interstate communications, that employs computer processing applications that act on the format, content, code, protocol, or similar aspects of the subscriber's transmitted information; process for corporate clients purchasing locally admitted directors and officers liability insurance Directors and Officers Liability Insurance is insurance payable to the directors and officers of a company to cover damages or defence costs in the event they are sued for wrongful acts while they were with that company. to cover their international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. and subsidiaries. AIG Passport provides customers with the opportunity to request from an AIG Companies' underwriter a global D&O program letter that details terms and conditions of the base D&O policy and one or more locally admitted policies, written in the local language and compliant with specific local laws and regulations. AIG Passport is available for international operations and subsidiaries in more than 75 countries and jurisdictions.* "Globalization globalization Process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world. Factors that have contributed to globalization include increasingly sophisticated communications and transportation of executive liability risks and the desire for rigorous compliance on the part of multinational companies is fueling demand for locally admitted D&O policies," said Kristian P. Moor, AIG Executive Vice President, Domestic General Insurance. "AIG Passport, plus over 30 years of experience writing international D&O liability risks, has uniquely positioned us to meet that demand." "The AIG Companies have provided admitted policies, in local languages and compliant with local laws and regulations, since the earliest years of the American International organization," said Nicholas C. Walsh, AIG Executive Vice President, Foreign General Insurance. "With operations in more than 130 countries and jurisdictions, the AIG Companies are without equal in providing customers with the products and services they need in an increasingly complex and global marketplace." AIG Companies will underwrite and issue AIG Passport policies, as well as manage claims locally. AIG Passport service is available at inception or renewal for existing primary directors and officers liability insurance customers. *In some countries and jurisdictions only non-admitted policies may be available. Consult your insurance broker and legal counsel to determine local requirements. American International Group
American International Group, Inc. (AIG) (NYSE: AIG; TYO: 8685 ) is a major American insurance corporation based in New York City. , Inc. (AIG), world leaders For a list of heads of state, see . World leaders is a MMORPG. The game involves creating a state, joining an alliance and going into war. It is mostly played by players from Israel, China, USA, Britain, Brazil and Saudi-Arabia. 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 New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. , 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. |
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