Tagged in AIG

Brian Duperreault Declares 2018 ‘Year of The Underwriter'”

Yesterday AIG reported a net loss of $1.7B for the third quarter of 2017, compared to net income of $462M in the prior-year quarter. After-tax operating loss was $1.1B for the third quarter…

AIG Introduces Blackboard Brand, Seeking a Future BB’er

AIG is introducing Blackboard, the new brand name and logo for its technology-focused subsidiary, formerly operating under the Hamilton USA brand. Recall: AIG completed the acquisition of Hamilton USA on…

AIG Offers Travel Guard Products to United Airlines’ Customers

  AIG’s Travel Guard travel insurance products and services are now available on United.com and United’s mobile app . The program is part of a multi-year deal between AIG and United for AIG Travel…

Do You Like The Sound Of On Demand Dog Walker Insurance?

Meet Jauntin:   Think: an on demand insurance platform for the on demand world, starting with travel insurance that’s underwritten by AIG Canada . Tiny Print: Product not yet available. Also, according…

Insurers With Innovation Units

Recall insurers with innovation units below . 

AIG Issues Statement on Financial Stability Oversight Council (FSOC) Decision to Remove SIFI Designation

AIG issued the following statement from AIG President and Chief Executive Officer Brian Duperreault regarding the Financial Stability Oversight Council’s decision to remove AIG’s designation as a Systemically Important Financial Institution (SIFI):   “I…

Blockchain Insurance Industry Initiative is Now 38 Members Strong

#B3i starts its market testing phase with 15 existing + 23 new participants with over 100 nodes https://t.co/s9B12p9stK — B3i (@B3i_tech) October 2, 2017   The Blockchain Insurance Industry Initiative…

AIG Restructures & Brian Duperreault’s Glassdoor Rating Drops 5 Points

AIG announced that it is planning to make changes to its organizational structure .   Brian Duperreault, AIG’s President and Chief Executive Officer, said: “These changes are designed to best…

AIG Reports Second Quarter 2017 Results

On August 2, 2017, AIG released its Q2, 2017 financials. In a nutshell…   AIG reported net income of $1.1 billion for Q2 2017, compared to $1.9 billion in the prior-year quarter,…

AIG Issues Its First Insurance Policy on Blockchain

On the subject of distributed ledgers, or better yet, what some consider a subject “bound to remain beyond the grasp of most people”, AIG announced it has issued its first blockchain-based…

Trump isn’t the only one visiting Israel

AIG Israel is celebrating 20 years in business and that’s a good enough reason for senior execs from AIG to visit Israel . And while they are at it, they…

AIG Just Paid 23% More to Name Duperreault CEO

It’s official. Founder and CEO of Hamilton Brian Duperreault is the new CEO of AIG replacing Peter Hancock, and AIG is now the proud owner of Hamilton USA; a love and marriage…

9 insurance CEOs who were fired or decided to step down

Polish insurance company PZU Group announced that its supervisory board had dismissed its chief executive, Michal Krupinski. Just like that. Feeling Deja Vu? Recall 9 insurance CEOs who were fired or decided to…

74 to launch

Coverager is tracking 74 startups in pre-launch stages…one less compared to yesterday. See Texas-based Asur.io. Before. After. Moving on. Speaking of crowdfunding investments, last year AIG launched “Crowdfunding Fidelity”; an insurance product developed to…

AIG CEO Peter Hancock to resign

“significant positive” – one analyst on Hancock’s departure. The Gist: AIG CEO Peter Hancock is stepping down after posting four losses in six quarters, according to Bloomberg. Carl is being Carl….

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