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Insurance Producers Start to Move Business from AIG to Competitors

National News • September 22, 2008
Despite assurance from state regulators that the insurance subsidiaries of American International Group (AIG) are financially sound, insurance producers are moving accounts from AIG. A survey by ...

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Subject: Partner

Posted On: September 22, 2008, 12:27 pm CDT
Posted By: Client Advocate
Comment:
I am a broker and have had several calls from senior management from other carriers smelling blood in the water and wanting AIG business. I find it interesting that when I marketed the very same business over the years that they now want, they were not interested. Yes, as an agent, I have a obligation to my client and have been and will continue to provide options. However, I will not throw AIG under the bus as they have been a business partner for several years and I see them continiung to be in that same role. AIG is going to look a lot different in the next 6 to 12 months, but their insurance side is strong and will continue to write business. They will know who their friends are, and they will remember.
Subject Posted By Posted On
RE: I would be careful being so uneducated Fred
Mar 24, 2009, 10:27 am
RE: RE: What happens if they lose business Barry
Sep 29, 2008, 1:47 pm
RE: What happens if they lose business "Biggy" Johnson
Sep 29, 2008, 9:59 am
What happens if they lose business David Johnston
Sep 23, 2008, 6:53 pm
Uncertain Times Concerned
Sep 23, 2008, 7:09 am
RE: The First 6 Comments Must Be AIG Employees milo
Sep 23, 2008, 5:12 am
If you're smart. Get Smart
Sep 22, 2008, 7:27 pm
RE: I would be careful being so loyal Ken
Sep 22, 2008, 6:08 pm
The First 6 Comments Must Be AIG Employees Steve
Sep 22, 2008, 4:53 pm
I would be careful being so loyal AZInsMan
Sep 22, 2008, 4:05 pm
RE: RE: RE: Partner Also Not Asleep
Sep 22, 2008, 3:58 pm
Maybe lowest big won't win Zambendorf
Sep 22, 2008, 3:54 pm
IOUSA Big Fish
Sep 22, 2008, 3:15 pm
RE: RE: Partner Not Asleep
Sep 22, 2008, 2:59 pm
RE: Partner mike
Sep 22, 2008, 2:45 pm
RE: RE: RE: RE: Partner Kay
Sep 22, 2008, 2:29 pm
RE: RE: RE: Partner Sticker Shock
Sep 22, 2008, 1:39 pm
RE: RE: Partner Friends
Sep 22, 2008, 12:57 pm
RE: RE: Partner Oprah
Sep 22, 2008, 12:56 pm
RE: Partner IBK
Sep 22, 2008, 12:51 pm
RE: Partner Ted
Sep 22, 2008, 12:41 pm
Partner Client Advocate
Sep 22, 2008, 12:27 pm
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