AIG Commercial Insurance's AIG Excess Casualty adopts AIG eDelivery to issue policy service
Mon. November 03, 2008; Posted: 12:57 PM
Nov 03, 2008 (M2 EQUITYBITES via COMTEX) --
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PowerRating -- AIG Excess Casualty, a unit of AIG Commercial Insurance, the domestic
commercial property casualty insurance operations of American
International Group Inc (NYSE:AIG), revealed on 31 October that AIG
eDelivery, an Internet based system that allows electronic issuance of
excess casualty policies and endorsements, has been adopted by the
company.
A
AIG eDelivery makes policy documents available online, the next
business day after issuance, to brokers who can also track submissions;
organise and archive policies and endorsements; and share policy
documents electronically with their clients.
The company said that this system will save annually about five tons of
paper and reduce CO2 emissions by about 15,500 pounds, potentially. AIG
Commercial Insurance announced earlier this year that it was using AIG
eDelivery to bring paperless ease and efficiency to policies issued by
its AIG Executive Liability subsidiary.
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