AIG is looking to the future with a robust appetite to grow lead umbrella and mid- and high-excess placements across a broad range of industries – with capacity easily integrated and coordinated across AIG’s U.S., London and Bermuda platforms.
“With our experience in the excess casualty market, we have unmatched data and intelligence to draw from to help our clients keep on top of emerging risks and claim trends,” says Michael Kirchgessner
, Head of North America Excess Casualty at AIG. “This deep intelligence gave us the foresight to make necessary portfolio adjustments early on, ahead of the curve of the market cycle. Those adjustments are behind us, and we are now in growth mode in all of our areas including lead umbrella, excess casualty etc.”
Excess Casualty has up to $75 million in total capacity available on an individual account basis – and market-leading risk control capabilities that enable us to really understand unique and complex exposures and craft bespoke solutions. “Our risk control expertise is also why clients can be confident we can write their risk today and adapt coverage as their operations evolve and expand,” Michael adds.
In today’s volatile and evolving litigation environment, AIG also stands out for its proven abilities to handle intricate and challenging excess casualty claims. “By adapting our approach as needed to the current environment and leveraging our knowledge of specific venues and jurisdictions, we can help achieve the best possible outcomes for clients,” Michael says.
While AIG is well known for handling the most complex excess casualty accounts, we also deliver the same deep claims expertise and experience to smaller companies and their brokers with fast and easy access to coverage through the online quoting and binding of policies in AIG e-Excess.
“At AIG Excess Casualty, we stand ready to support clients’ risk throughout the tower of excess casualty limits, whether that is a standard lead or excess policy or the need for creative structures or customized coverage solutions,” Michael notes.