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AIG Excess Casualty(R) Introduces Prime ExpressSM Excess Liability Insurance for Small Businesses.


Insurance Designed for Accelerated Processing Using a Web-based Quote and Bind System

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
 -- 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
 Excess Casualty([R]), a unit of the property and casualty subsidiaries of American International Group
"AIG" redirects here. For other uses, see AIG (disambiguation).


American International Group, Inc. (AIG) (NYSE: AIG; TYO: 8685 ) is a major American insurance corporation based in New York City.
, Inc. (AIG), today announced Prime Express(SM), excess casualty liability insurance for small businesses. Prime Express(sm) allows brokers to quote and bind higher limits in a quick and efficient manner via AIG e-Excess (www.aigexcess.com), a Web-based interface that enables brokers to process applications without referral to underwriters.

Prime Express also includes CrisisResponse([R]), which will advance up to $250,000 of the policy limit to immediately defray de·fray  
tr.v. de·frayed, de·fray·ing, de·frays
To undertake the payment of (costs or expenses); pay.



[French défrayer, from Old French desfrayer : des-,
 the costs of covered damages following a crisis situation. This value-added enhancement also provides a separate limit of $50,000 for the fees of a public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most  or crisis management firm when they help execute a strategic public response and a plan to protect the business reputation of the insured. In addition to CrisisResponse, the expertise of the AIG Excess Casualty Claims Department is available through a 24-hour toll-free hotline.

"Because small businesses are particularly vulnerable when it comes to managing a crisis event, we introduced Prime Express to cover liabilities that a business owners policy may not cover," said Tim McAuliffe Tim McAuliffe' is a comedy writer from Montreal, Canada.

McAuliffe's credits include: This Hour Has 22 Minutes (CBC), The Hour with George Stromboulopoulos (CBC), Video On Trial (head writer), Stars On Trial (head writer), the 2005 & 2006 Muchmusic Video Awards, and
, President, AIG Excess Casualty. "By adding CrisisResponse to this coverage, AIG Excess Casualty is providing small businesses with access to critical crisis management resources, typically sought by larger corporations."

Using the AIG e-Excess tool, users can bind up to $10 million in coverage online. Higher limits, up to $25 million, are also available subject to underwriting approval.

For more information on Prime Express, please contact Jillian Alger at 212-458-5853 or excess.casualty@aig.com.

AIG Excess Casualty, the nation's leading provider of commercial umbrella liability insurance, has been serving the excess casualty market for more than 40 years. AIG Excess Casualty is a unit of the property and casualty subsidiaries of American International Group, Inc. (AIG). AIG is a world-leading insurance and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 organization with over 85 years of experience.

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 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.
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Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 16, 2007
Words:422
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