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AIG eBusiness Risk Solutions Enters Alliances With Leading eSecurity; Firms to Offer Insureds Critical Loss Prevention Services.


Business Editors/Hi Tech Writers

NEW YORK--(BUSINESS WIRE)--April 11, 2001

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 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
) has announced that AIG eBusiness Risk Solutions, a division of American International Companies, has formed a series of new alliances with leading Internet Security ''This article or section is being rewritten at

Internet security is the process of protecting data and privacy of devices connected to internet from information robbery, hacking, malware infection and unwanted software.
 firms to help AIG netAdvantage Suite insureds manage the risks of doing business on the Internet.

The alliances offer insureds access to products and services, including free on-line and on-site network security assessments. These new alliances expand the roster of Internet Security specialists on the AIG eBusiness Risk Solutions Technology Alliance.

"These new alliances compliment the coverages offered through the AIG netAdvantage Suite by helping businesses limit their exposures to network security risks," said Gretchen Hayes, President, AIG eBusiness Risk Solutions. "Our alliance partners offer the tools needed to help our customers manage risk in the new economy, while AIG eBusiness Risk Solutions offers the insurance products and services to protect their assets." AIG eBusiness Risk Solutions is a leading provider of internet-risk and network security insurance.

Through these new alliances, AIG netAdvantage Suite insureds have access to the following:

Free Network Security Assessments - Unisys Corporation (company) Unisys Corporation - The company formed in 1984-5 when Burroughs Corporation merged with Sperry Corporation. This was when the phrase "dinosaurs mating" was coined.  and the Global Integrity Managed Services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality  division of Predictive Systems, Inc. will provide on-site network security assessments based on the ISO/BS7799 standard to AIG netAdvantage Suite policy applicants. The cost of the service is paid by AIG eBusiness Risk Solutions for eligible insurance applicants. Additionally, Unisys' on-line security assessments are available free to any registered web user by logging on to www.aignetadvantage.com. Unisys is a leading e-business solutions company. Global Integrity Managed Services provides a full complement of information protection, electronic commerce security, consulting and engineering services.

Free Automated Assessment Services- Eligible AIG netAdvantage Suite insureds will receive free automated assessment services from VIGILANTe vigilante n. someone who takes the law into his/her own hands by trying and/or punishing another person without any legal authority. In the 1800s groups of vigilantes dispensed "frontier justice" by holding trials of accused horse-thieves, rustlers and shooters, and .com, Inc., a leading provider of security assurance delivered over the Internet.

Premium Discounts - Eligible AIG netAdvantage Suite policy applicants can receive premium discounts (where permitted by law) if they also utilize the following products or services:
-- RSA Security, Inc.'s SecureID two-factor authentication system. RSA Security
Inc., is a leading provider of authentication, encryption and digital
certificate management systems.

-- Securify, Inc.'s SecurVantage security services. Securify is a leading
provider of corporate eSecurity technologies and services.

-- Riptech, Inc.'s real-time monitoring, management, analysis and response
services. Riptech is a leading provider of real-time managed security services.


-- Invicta Networks, Inc.'s distributed cyber security system. Invicta Networks
is a leading provider of cyber security technology.


Underwritten by AIG member companies, the AIG netAdvantage Suite of products provides up to $25 million in coverage for exposures including Internet liability, web media/content liability, technology errors and omissions errors and omissions n. short-hand for malpractice insurance which gives physicians, attorneys, architects, accountants and other professionals coverage for claims by patients and clients for alleged professional errors and omissions which amount to negligence. , first party loss and damage to data and e-revenue business interruption due to computer attacks.(a)

In addition, the AIG netAdvantage Suite provides clients access to the AIG eBusiness Risk Solutions' Technology Alliance, a roster of leading technology and network security companies. The initial members of the Technology Alliance include Kroll-O'Gara, CertCo and RSA Security RSA, The Security Division of EMC Corporation, is headquartered in Bedford, Massachusetts, and maintains offices in Ireland, the United Kingdom, Singapore, India, and Japan.

RSA organizes the annual RSA conference.
, Inc. American International Companies insureds also have access to the Technology Panel Counsel, a roster of the nation's premier law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
  1. Clifford Chance, £1,030.2m – International law firm (headquartered in the UK);
  2. Linklaters, £935.
 specializing in emerging legal issues related to intellectual property law and high-technology issues, for legal defense against technology-related claims.

For more information on AIG netAdvantage or AIG eBusiness Risk Solutions, contact your insurance broker, local AIG office or email Robert Parisi, Senior Vice President and Chief Underwriting Officer, AIG eBusiness Risk Solutions at robert.parisi@aig.com.

AIG eBusiness Risk Solutions will be exhibiting at the 10th annual RSA Conference The RSA Conference is a Cryptography-related conference held annually in the San Francisco Bay Area.

The RSA Conference started in 1991 as a forum for cryptographers to gather and share the latest knowledge and advancements in the area of Internet security.
, April 8 - 12, Moscone Center The Moscone Center is San Francisco, California's largest convention and exhibition complex. The complex consists of two main underground halls underneath Yerba Buena Gardens, Moscone North and Moscone South, as well the three-level Moscone West exhibition hall across 4th Street. , San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , CA, at Booth #1707 and at the 39th RIMS Annual Conference and Exhibition, April 29-May 3, Georgia World Congress Center The Georgia World Congress Center or GWCC is the major convention center in Atlanta. It is the fourth-largest convention center in the United States at 1.4 million ft2 (130,000 m2) and hosts more than a million visitors each year. , Atlanta, GA, at Booth #1145.

AIG is the leading U.S.-based international 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 and the largest underwriter of commercial and industrial insurance in the United States. Its member companies write a wide range of commercial and personal insurance products through a variety of distribution channels in approximately 130 countries and jurisdictions throughout the world. AIG's global businesses also include financial services and asset management, including aircraft leasing, financial products, trading and market making, consumer finance, institutional, retail and direct investment fund asset management, real estate investment management, and retirement savings products. American International Group, Inc.'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.

(a) Insurance provided by member companies of American International Group, Inc. The above described coverage may not be available in all states, and the above description thereof is neither a complete description nor a complete list of all terms, conditions and exclusions. Note that certain terms used in the above are defined in the policy. Please see the policy for a complete description of its scope and limitations of coverage. Issuance of coverage is subject to underwriting.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 11, 2001
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