AIG eBusiness Risk Solutions Names Emily Freeman Vice President, Western Region and Executive Director of Consulting.

Business & Insurance Editors

RIMS Conference and Exhibition

NEW YORK--(BUSINESS WIRE)--April 15, 2002

American International Group, Inc. (AIG) has announced that Emily Q. Freeman has joined AIG eBusiness Risk Solutions, a division of the American International Companies, as Vice President, Western Region and Executive Director of Consulting.

"We are pleased to have Emily Freeman join the AIG eBusiness Risk Solutions team. Her global experience and distinguished reputation will make a significant contribution to our existing AIGnetAdvantage team of underwriting and claims management specialists, and legal and technology professionals," said Gretchen Hayes, President, AIG eBusiness Risk Solutions.

Ms. Freeman was previously Vice President and eBusiness Risk Management and Consulting Director at Marsh Inc. In this position, she led the development of cyberspace insurance products and consulted major corporations on eBusiness risk management. She is a frequent speaker on eBusiness, intellectual property and other related risk and insurance issues and has authored articles on eBusiness risk management for a number of business and finance publications. She joined Marsh in 1998, when the firm merged with Sedgwick, where she was a member of the executive committee of Sedgwick's Technology Group.

Ms. Freeman is a graduate of the University of California. She is also a Distinguished Graduate of the Associate Underwriting Program of IIA and holds the Associate in Risk Management (ARM) and Associate in Underwriting (AU) professional designations.

AIG eBusiness Risk Solutions (AIGeBRS), a division of AIG's American International Companies, is a global leader in identifying, evaluating and managing the evolving Internet-related risks in the B2C and B2B markets. AIGeBRS offers a comprehensive suite of insurance products and risk management services combining insurance, information services and technology that support eBusiness at its most sensitive touch points: network security, trade credit, identity, and credit card fraud.

AIG will exhibiting at the 40th RIMS Conference and Exhibition in New Orleans, Louisiana, April 14-20, 2002. For more information on AIG eBusiness Risk Solutions and other AIG member companies, visit booth #1244.

AIG is the world's leading U.S.-based international insurance and financial services organization, the largest underwriter of commercial and industrial insurance in the United States, and the second-largest U.S. life insurer. Its member companies write a wide range of general insurance and life insurance products for commercial, institutional and individual customers through a variety of distribution channels in approximately 130 countries and jurisdictions throughout the world. AIG's global businesses also include financial services, retirement savings and asset management. AIG's financial services businesses include aircraft leasing, financial products, trading and market making, and consumer finance. AIG has one of the largest retirement savings businesses in the United States and is a leader in asset management for the individual and institutional markets, with specialized investment management capabilities in equities, fixed income, alternative investments and real estate. AIG's common stock is listed on the New York Stock Exchange, as well as the stock exchanges in London, Paris, Switzerland and Tokyo.