AIG Offers Kroll Personal Security Services to Private Clients

February 6, 2001

AIG announced that it was expanding its working relationship with Kroll Associates, the international security firm, and that its Private Client group would offer the firm’s “personal security services to high net worth individuals and their families.”

Kroll works closely with AIG for corporate clients, counseling their personnel and providing its expertise as part of AIG’s Kidnap, Ransom and Extortion policies. Their goal is to implement preventative measures in order to avoid incidents as much as possible.

The new service for wealthy individuals consists of similar protective services, and also includes background checks on prospective employees, ongoing surveillance and training courses in driving, firearms safety and self-defense.

Part of AIG’s Private Client Group protection extends to electronic identity theft as well. “Kroll will evaluate an insured’s computer usage and offer programs designed to mitigate the risk of electronic identity fraud and other electronic intrusions that can compromise the assets and personal security of an insured,” said the announcement.

Under its working arrangement with AIG, Kroll is called in to supervise crisis management when an incident occurs. In its expanded role the company will now provide those services to private individual holders of AIG policies, providing global protection, for which there is an ever increasing need.

“Today, business and leisure activities take high net worth individuals and their families to the four corners of the globe. With these opportunities come a variety of risks that can, and should be mitigated,” stated Kroll President Michael Cherkasky. “Our expanding partnership with AIG Private Client Group enables its high wealth clients to benefit from the high level of physical, educational and informational risk mitigation they deserve.”

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