AIG launches new insurance suite
The company claims the suite will address the needs of businesses that expose themselves to various forms of liability when sending temporary staff on assignment. A recent report by the National Association of Temporary and Staffing Services indicated that the temporary staffing industry is the third fastest growing services business in the US, employing more than 2.5 million men and women in almost every business sector. AIG clearly see an untapped market and Louis Iglesias, president of AIG was buoyant about the new product. "As the temporary help industry continues its growth, it is important for us to provide the greatest level of protection possible," said Louis Iglesias, president, AIG Risk Management. "At the same time, we are committed to offering unmatched flexibility through innovative program structures and collateral options to more efficiently meet our diverse clients' needs."