AIG - Digital Transformation Strategies

AIG - Digital Transformation Strategies

Summary

American International Group (AIG) is a multi-line insurance group. The group provides life insurance, property and casualty insurance, retirement products, and other financial services to individuals and businesses. It offers insurance products across general liability, directors and officers liability, property, workers’ compensation, marine, aerospace, environmental, commercial automobile liability, term life, universal life, fidelity, fiduciary liability, cyber risk, and errors and omissions. It also offers political risk insurance, accident and health insurance, personal auto insurance, travel insurance, and individual and group retirement products. It markets and distributes products through brokers, captive and independent agents, affinity partners, retailers, and airlines and travel agents. AIG operates in the Americas, Europe, Africa, the Middle East, and Asia-Pacific.

This report provides insight into AIG's fintech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, its estimated ICT budget, and its major ICT contracts.

Scope

• AIG is exploring and utilizing technologies including AI, blockchain, cloud, mobile technologies, and big data among others to achieve operational efficiencies, enhance the customer experience, expand its payment solutions, and minimize security risks.
• AIG has developed automation solutions for underwriters to access unique analytics applications for faster data processing and visualization.
• AIG created a Center of Excellence team for mining risk factors for its clients’ distribution networks based on historic data.

Reasons to Buy

• Gain insights into AIG's fintech operations.
• Gain insights into its fintech strategies and innovation initiatives.
• Gain insights into its technology themes under focus.
• Gain insights into its various product launches, partnerships, and investment strategies.