AIG Aviation Grows Specialty Workers’ Comp Program; Risks for Fixed Base Operators Covered

February 8, 2005

AIG Aviation Inc., a member company of American International Group, Inc. (AIG), is expanding its Specialty Workers’ Compensation offering to cover the risks associated with Fixed Base Operators (FBOs) at private, community, municipal or city-owned airports.(a) A Fixed Base Operator is a service center that provides ramp service, hangar space, fueling, maintenance and catering services primarily for corporate and personal aircraft.

“Fixed Base Operators face significant workers’ compensation risks, but there has yet to be an insurance program that is specifically designed to address their needs,” said Steve Blakey, president, AIG Aviation Inc. “We are pleased to help Fixed Base Operators proactively broaden their risk management plans by offering our significant experience in providing workers’ compensation programs and services.”

AIG Aviation’s FBO program is an expansion of the unit’s small- and middle-market corporate flight department workers’ comp offering, originally announced in August 2004.

Available in select states, the AIG Aviation Specialty Workers’ Compensation package, including the new FBO program, can be purchased through any independent insurance broker who works with AIG Aviation.

To send a submission, locate an appointed broker or obtain more information on AIG Aviation, business owners and pilots can contact Kevin Shinn, AIG Aviation, at kevin.shinn@aig.com.

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