AIG Small Business(R) spreads business horizons with its new platform

It offers a premium indication tool and multi-limit quote functionality to help brokers process excess casualty insurance submissions. It is expected that new tool they will do it even faster. AIG e-Excess is a Web-based system for quoting and binding excess casualty coverage for over 670 eligible SIC classes. It looks the following way. The new premium indication tool feature enables brokers to select the 'quick quote' option and enter seven quick data points in order to obtain a non-bindable indication. Once the broker is ready to bind, the information can be transferred to the full application. With this option the brokers are allowed to receive a quote for all limit options simultaneously, with a maximum single limit of $10 million. So it saves time for brokers. 

According to Brian Inselberg, President, AIG Small Business, the premium indication tool simplifies the process of quickly obtaining a non-bindable indication for brokers. It also helps them facilitate multi-limit quotes for customers. AIG e-Excess platform isn't the single smart decision of AIG Commercial Insurance. AIG Commercial Insurance attracts a wide range of customers from multinational and middle-market companies to non-profit organizations and small entrepreneurs. And among their products offerings are general and excess liability, property, management and professional liability, workers' compensation, accident and health, environmental liability, and integrated global programs for multinational companies. AIG Commercial Insurance also maintains dedicated industry groups to serve the insurance needs of the aviation, energy, marine, healthcare, construction, financial institution, real estate and education sectors.