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AIG Assembles Roster of Leading eBusiness and Internet Security Firms

Strategic Insights

— 1 min read

American International Group, Inc. (AIG) has announced a partnership with leading eBusiness and Internet security firms to provide services and products to AIG netAdvantage and AIG ProTech Internet liability insureds. The roster of companies includes IBM Global Services, RSA Security Inc., Kroll-O'Gara Information Security Group, and CertCo, Inc., among others. These firms will offer services and products such as eBusiness security assessment, implementation and management, authentication, encryption and public key infrastructure systems, and secure eBusiness architecture design and implementation. AIG's netAdvantage Program provides a range of coverage options for companies conducting business via the Internet, including third-party liability coverage for risks arising out of failures of Internet and computer security.

Key Takeaways:

  • AIG has assembled a roster of leading eBusiness and Internet security firms to provide services and products to AIG netAdvantage and AIG ProTech Internet liability insureds.
  • The firms providing services and products include IBM Global Services, RSA Security Inc., Kroll-O'Gara Information Security Group, and CertCo, Inc.
  • AIG's netAdvantage Program provides a range of coverage options for companies conducting business via the Internet, including third-party liability coverage for risks arising out of failures of Internet and computer security.
  • The program includes coverage for liability arising out of computer viruses, disclosure of confidential or personal information, unauthorized access or use, and comprehensive media liability.
  • AIG ProTech series of coverage modules address the exposures of companies providing Internet-related products and services.
  • AIG netAdvantage Security provides third-party liability coverage, while AIG netAdvantage Security+ provides additional coverage for first-party property loss and eBusiness interruption.

Statistics:

  • AIG has approximately 130 countries and jurisdictions where its member companies write property, casualty, marine, life and financial lines insurance.
  • AIG's common stock is listed on four major stock exchanges: the New York Stock Exchange, the London Stock Exchange, the Paris Stock Exchange, and the Tokyo Stock Exchange.
  • AIG's netAdvantage Program provides coverage for companies in the new economy and helps organizations limit their exposures to new kinds of risks.

Sources:

  • Business Wire
  • American International Group, Inc.
  • IBM Global Services (www.ibm.com)
  • RSA Security Inc. (www.rsasecurity.com)
  • Kroll-O'Gara Information Security Group (www.securify.com)
  • CertCo, Inc. (www.certco.com)

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