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AIG Small Business E-Excess Platform Adds Premium Indication Tool, Multi-Limit Quote Functionality

Source: AIG

Posted on 12 Jan 2009

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AIG Small Business(R), a division of AIG Commercial Insurance, today announced that its AIG e-Excess(R) platform now features a premium indication tool and multi-limit quote functionality to help brokers process excess casualty insurance submissions even faster. AIG e-Excess is a web-based system for quoting and binding excess casualty coverage for over 670 eligible SIC classes.  
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. The multi-limit quote option allows brokers to receive a quote for all limit options simultaneously, with a maximum single limit of $10 million, saving time for brokers.  
"Our premium indication tool makes it easy for brokers to quickly obtain a non-bindable indication," said Brian Inselberg, President, AIG Small Business. "Its functionality also helps brokers facilitate multi-limit quotes for customers."  
AIG Commercial Insurance serves a wide range of customers from multinational and middle-market companies to non-profit organizations and small entrepreneurs. Its extensive product offerings include 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.  
AIG Commercial Insurance is the marketing name for the domestic commercial property casualty insurance operations of American International Group, Inc.