AIG Environmental to Offer Property Insurance

February 20, 2007

AIG Environmental, a division of the property and casualty subsidiaries of American International Group, Inc. (AIG), introduced AIG Environmental Property, an insurance facility designed to enable AIG Environmental to respond to the insurance requirements of its customers by adding property insurance to its Environmental Casualty insurance. The new AIG Environmental Property facility is a collaboration between AIG Environmental and Lexington Insurance Company, a member company of AIG.

AIG Environmental Property bundles general liability, pollution, automobile, umbrella and property insurance within a single program for small and mid-sized companies. The program has a $5,000 minimum premium and is serviced by a team of underwriters who are solely focused on this business and understand the intricacies of offering multiple lines during the quote process.

“Our insureds, particularly small and mid-size businesses, have been requesting a simplified way to get property and environmental coverage in one simple-to-write package,” said Joe Boren, president of AIG Environmental. “By joining forces with Lexington Insurance Company, we were able to create AIG Environmental Property, which will help brokers and our small and mid-sized clients simply obtain property and environmental casualty coverage in one program.”

AIG Environmental Property insurance is underwritten by Lexington Insurance Company, a member company of AIG. In addition, AIG Environmental Property offers $25 million in limit capacity.

For more information contact Charlotte Osborne at 212-458-6266 or email at Charlotte.Osborne@aig.com.

Source: American International Group

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