iwix.net Signs AIG Worldsource; Product Recall Products Added to Site

October 30, 2000

iwix.net, an Internet specialty insurance marketplace, has signed AIG Worldsource to provide new products on the iwix.net site.

AIG Worldsource, located in New York, will provide product recall coverages, which will include expense and third party liability coverage for damages due to product recall.

Also, an existing iwix.net member carrier added new products to the iwix.net site earlier this month. Philadelphia Insurance Companies, located in Bala Cynwyd, Penn., joined iwix.net last December, providing D&O and professional liability products. Recently, they added lawyers’ professional liability and accountants’ professional liability products.

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