American International Group, Inc. (AIG) announced on Tuesday the appointment of Lex Baugh as Chief Executive Officer, North America General Insurance. In this newly created role, Mr. Baugh will oversee AIG’s U.S. and Canada General Insurance business, with responsibility for the development and execution of a profitable, client-focused strategy. He will report to Peter Zaffino, Chief Executive Officer, General Insurance, as a member of the General Insurance Executive Leadership Team. The appointment is effective immediately. Most recently, Mr. Baugh served as President of Liability and Financial Lines at AIG, overseeing the largest part of the global Commercial portfolio. Prior to
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Service Improvement Plan: Final Update, and What’s Next Earlier this year, we recognized there were challenges with our new business turnaround times and other service issues — and we committed to getting them right for you. While we’ve made great strides, we recognize that we have more work to do. We promised that by September 30 we would meet or exceed standard times for our Service Level Agreement and establish a path to future improvements. Thanks to your support and partnership, we’ve improved turnaround times across the board. We’re also positioned for additional improvements as we continue to add resources,
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At American General Life Insurance Company (AGL), our first priority is the welfare of our customers. In response to challenges created for Florida residents by Hurricane Irma, we are working with state regulators to support affected clients during this difficult time. Effectively immediately, a temporary suspension is in effect on lapses, terminations, cancellations and other time-sensitive provision requirements of the insurance policies or annuity contracts for all insured AGL customers residing in the state of Florida. This suspension includes all counties in the state. This action is taken to protect the policyholders from unintentional termination. We will process other requests
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Producer Sales Practices Manual Updated Guidelines and procedures in the “Producer Sales Practices Manual,” formerly known as the “Compliance Manual,” have been updated and consist of additional: DOL, Elder & Vulnerable Client Protection, STOLI/IOLI, Do Not Call Requirements, AIG Company Information Protection, and Prohibition on Pretext Interviews sections, as well as Complaints Section revision. Please click below to review in detail.   Compliance Manual   #goldencareagent #aig
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Hurricane Irma: Update September 12, 2017 There have been widespread reports of wind damage, flooding, and power outages in several Southeast states due to the impact of Hurricane Irma. As of Tuesday morning (9/12), the storm had been downgraded to a tropical depression and was expected to continue to lose strength as it moved northward. An immediate priority has been the safety and well-being of the small number of our employees and their families in areas where Irma has caused damages and created disruptions. We do not expect that Irma will have an impact on AIG Life Operations, or on
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