AIG Claims Intelligence Series: North America Financial Lines
Translating decades of claims experience into insights to help clients and brokers better manage risk.
Insights to Help Clients and Brokers Better Understand their Risks
Over the past 10 years, AIG has paid $20.6 billion in and handled more than 250,000 North America Financial Lines claims. With one of the largest and most diverse claims portfolios in the industry, we are uniquely positioned to identify and anticipate claims trends.
AIG’s Claims Intelligence Series examines thousands of claims to identify trends driving significant losses for our clients, with the findings often indicating factors beyond some of the most-commonly discussed trends. In today’s ever-evolving claims environment, we share these insights to help our clients and brokers better understand and manage their exposures.
Public company Directors & Officers (D&O) Liability exposures have long been synonymous with securities class action (SCA) litigation. While this litigation makes headlines, it isn’t the only driver of D&O losses.
Crime insurance and fidelity bonds rarely experience major disruptions in claims trends. However, analysis of AIG’s claims data reveals that this paradigm has been upended in recent years by the proliferation of social engineering fraud.
This edition focuses on differences in employment practices liability (EPL) exposures and claim outcomes for organizations with California employees and the implications for risk management.
Over the past decade, excess fee litigation has become a recurring worry for employee benefit plan fiduciaries. Despite a reduction of filings from the record years of 2020 and 2022, the overall state of litigation remains alarming.
AIG Financial Lines has more than six decades of experience providing management liability, professional liability, and mergers and acquisitions insurance solutions for public companies, private and non-profit organizations, financial institutions, and professional service providers of all sizes. Through constant collaboration between underwriting and claims, our extensive knowledge, resources, and data enable us to tailor coverage solutions that address our clients’ current and emerging risks. AIG’s financial strength, integrated claims model, and proven claims expertise ensure that we are there, helping to drive the best possible outcome for our clients.