Tagged in AIG

Insurance Players With Innovation Units

Recall insurers with innovation units below .  

AIG MEA & Democrance Announce Partnership

Democrance, a microinsurance player established in 2015, has partnered with AIG MEA (American International Group in MEA). Under this partnership, Democrance will support AIG MEA in digitizing its operations in…

AIG, The Carlyle Group Complete Investment in Fortitude Re

AIG and The Carlyle Group have announced that Carlyle completed its acquisition of a 19.9% stake in Fortitude Group Holdings, LLC, whose group companies operate as Fortitude Re (formerly DSA Re). The…

Inmediate Signs MoU With AIG

Inmediate, a smart insurance network venture by Insurance Market Group, has signed a Memorandum of Understanding (MOU) with AIG. This makes AIG the third announced partner of Inmediate – joining Japanese MSIG…

Hyperion Insurance Group Creates 4th Business Unit

London-based Hyperion Insurance Group has announced the creation of a fourth business, Hyperion X to be launched January 1, 2019.   Hyperion X, led by Barnaby Rugge-Price as CEO and Elliot…

AIG to Acquire Glatfelter Insurance Group

AIG today announced it has entered into a definitive agreement to acquire Glatfelter Insurance Group, a full-service broker and insurance company providing services for specialty programs and retail operations. Headquartered…

AIG and The Carlyle Group Announce Strategic Partnership

AIG and The Carlyle Group announced today a strategic partnership to build DSA Re into a standalone provider of reinsurance, claims handling, and run-off management solutions.   Established in February…

AIG Helps Launch the Alliance for Lifetime Income

Did You Know? 48% of US households ages 45-72 with investable assets of $75K to $1.99m are approaching their retirement years “unprotected,” without protected monthly income other than Social Security. Enter…

AIG Launches Canada’s First On Demand Travel Insurance

Travel Guard Group Canada, an AIG company, launched a travel insurance app to allow Canadian customers (except Quebec residents) to purchase coverage in blocks of time through their iPhone. The…

The AIG-Expedia Integration Flow

Following AIG’s announcement of being selected by Expedia to offer travel insurance, here’s a look at the integration flow:     After selecting a destination and choosing flight dates, a shopper…

Expedia Selects AIG Travel as Global Travel Insurance Provider

AIG announced today that it has been selected as Brand Expedia Group’s global provider of travel insurance and assistance products. Aon Affinity Travel Practice, Expedia’s long-term US insurance partner, will…

AIG Used to Be The Best Place to Work

AIG reported a net loss of $6.7B, or $7.33 per share, for the fourth quarter of 2017, compared to a net loss of $3B, or $2.96 per share, in the…

AIG to Acquire Validus for $5.56 Billion in Cash

AIG announced it has entered into a definitive agreement to acquire all outstanding common shares of Validus, provider of reinsurance, primary insurance, and asset management services. The transaction enhances AIG’s General Insurance business,…

AIG-Backed Startup Filed for Bankruptcy

It happened. Possibly the first US-based insurance-related startup to file for bankruptcy .   Here’s how it went down: NYC-based Human Condition Safety (HCS) was established in 2014 by Peter E Raymond and Oliver Rothauser….

AIG Names Tom Bolt as Chief Underwriting Officer, General Insurance

AIG today announced that Tom Bolt will join the company as Chief Underwriting Officer, General Insurance. He will be responsible for developing a global framework for underwriting standards, authority and…

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