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AIG Homeland Security Solutions Formed to Help Manage Terrorism Exposure and Risks.


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 announced the formation of AIG Homeland Security Noun 1. Homeland Security - the federal department that administers all matters relating to homeland security
Department of Homeland Security

executive department - a federal department in the executive branch of the government of the United States
 Solutions(SM). The new specialty unit will provide access to insurance, risk management and security products and services to help companies work to prevent, mitigate and recover from terrorist incidents The following is a timeline of acts and failed attempts that can be considered non-state terrorism. Massacres more generally are listed chronologically at List of massacres; assassinations are listed by location at List of assassinated people.  and other potentially catastrophic events.

AIG Homeland Security Solutions will offer terrorism- and security-related products and services available through AIG member companies. Products and services will range from emergency planning and threat assessments, political risk and property terrorism insurance Terrorism insurance is insurance purchased by property owners to cover their potential losses and liabilities that might occur due to terrorist activities.

It is considered to be a difficult product for insurance companies, as the odds of terrorist attacks are very
, to crisis management services. In addition, AIG Homeland Security Solutions has designed its portfolio to be in accordance with the goals of the U.S. Department of Homeland Security's National Infrastructure Protection Plan. This plan emphasizes government and private sector collaboration in instituting a comprehensive, systematic assessment and response to risks threatening critical infrastructure and key resources.

The new unit will be based in New York and headed by Robert Cruz, Practice Leader of AIG Homeland Security Solutions. Prior to being appointed to this position, Mr. Cruz was Assistant Director, Corporate Security, at AIG where he led the development of AIG's Emergency Readiness Program. Mr. Cruz was a U.S. Army Officer for over eight years and was awarded the Bronze Star Bronze Star
n.
A U.S. military decoration awarded either for heroism or for meritorious achievement in ground combat.

Noun 1.
 for service in Afghanistan.

"All companies are concerned about security, yet few have adopted a comprehensive, all-hazard approach to address terrorism risk," said Robert Cruz, Practice Leader, AIG Homeland Security Solutions. "AIG Homeland Security Solutions provides resources and expertise to companies facing exposures associated with terrorist attacks, by reducing vulnerability, mitigating damage and creating critical financial protections against the entire range of attacks that occur to help manage the physical, operational, and financial aspects of the exposure."

For more information, contact Robert Cruz, Practice Leader, AIG Homeland Security Solutions, at (212) 770-8103 or robert.cruz@aig.com.

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), 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 review and 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.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 7, 2007
Words:459
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