AIG company to offer construction insurance
The new practice will offer the full AIG product set currently available for construction risks, including primary casualty, excess umbrella liability, professional design liability and workers' compensation, amongst others. Daniel Conway of AIG Construction Risk Management will serve as practice leader for the new organization. He will report to Louis Iglesias, senior executive of AIG Construction Solutions. "The formation of AIG Construction Solutions brings together the AIG Companies' unrivaled breadth of products, capacity, financial strength, industry expertise and risk management services for the benefit of the construction sector," said Kristian Moor, AIG executive vice president of domestic general insurance. "By creating a central practice that presents all of AIG's construction-related products, has underwriting authority to bind coverages for our clients and features a dedicated claims management team, we can service new and existing accounts in a more timely and efficient manner," he continued.