AIG - Enterprise Tech Ecosystem Series

AIG - Enterprise Tech Ecosystem Series

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 insurtech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, and its estimated ICT budget.

Scope

• AIG is exploring and utilizing technologies including AI, blockchain, cloud, mobile technologies, and big data to achieve operational efficiencies, enhance the customer experience, 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.

• Gain insight into AIG's fintech operations.
• Discover its fintech strategies and innovation initiatives.
• Learn about its product launches, partnerships, and investments.