American International Group Review Essay

Total Length: 769 words ( 3 double-spaced pages)

Total Sources: 2

Page 1 of 3

American International Group Inc. (AIG) is a world leader in insurance as well as, financial services that serves more than 70 million clients across the world. The company for many years has managed to remain confident in their strategy to leverage their financial strength and global franchise that continue to enable growth in both emerging and developing markets. The vision of the company is to be the world's first choice provider of insurance and financial services, in every corner of the world, whereas its mission is achieved through innovation, world citizenship, partnership and integrity (AIG, 2007).

AIG Kenya Insurance Co. Ltd. has custom made products and serves commercial, institutional, and individual customers through widespread international property-casualty networks of its kind. In addition, AIG companies are principal providers of life insurance and retirement services in the United States. Its products and services are divided into Individual products and Business products.

For instance, individual products include individual insurance such as accident and health. AIG covers damages resulting from accidents for example car wrecks, accidents arising from work, machinery and all other forms of accidental occurrences which may dismember a person insured or assured.
Accidental Death and Dismemberment Insurance from AIG helps offset the financial burdens family's face in the event of injury or death in an accident.

Review the types of Investment products offered by the company

The company is also known to have services that are investment oriented in that they offer guided portfolio services (GPS). They help in the management of investments outside the customer's workplace retirement plan. Under this GPS investment product, there are two options often available to the clients, the first is GPS portfolio advisor which helps guide the clients towards managing their own portfolio at the end of it. The other option is the GPS portfolio manager and this works well for those who would rather have someone else do the entire management for them as they busy themselves with other things (American International Group, 2014).

Sections 3

The company is known to inspire loyalty and commitment from the employees through its training of the employees to get acquainted with the products and driving the company towards success. The fact that the company came through the financial crisis stronger unlike other companies that faced closure makes it.....

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