National News

Viewing comments for:

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 ...

Insurance Journal is not responsible for the content of the message below.

Subject: Maybe lowest big won't win

Posted On: September 22, 2008, 3:54 pm CDT
Posted By: Zambendorf
Comment:
I suspect the reason some carriers are showing new interest in the AIG book is that they hope the renewals may have more attractive pricing and terms and conditions than the expiring AIG programs.

If they thought AIG's expiring pricing was already below a level they would consider prudent, or that no matter what they offered AIG would get last look and undercut anything they would be willing to offer, why would they waste their time and yours quoting the business?

So long as they told me politely that I had a deal that was too good to be true I have no problem with renewed interested in the accounts. Those that were rude - well that's a different matter.
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
Back to article

Post a Comment

.