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Diversified Financial Services
FINANCIAL | Insurance
aig.com

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Investments

34

Portfolio Exits

17

Funds

6

Partners & Customers

10

Service Providers

2

About American International Group

American International Group (NYSE:AIG), aka AIG, is a global insurance organization serving customers in more than 100 countries and jurisdictions. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the United States.

American International Group Headquarter Location

175 Water Street

New York, New York, 10038,

United States

212-458-2020

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Expert Collections containing American International Group

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find American International Group in 2 Expert Collections, including Fortune 500 Investor list.

F

Fortune 500 Investor list

590 items

This is a collection of investors named in the 2019 Fortune 500 list of companies. All CB Insights profiles for active investment arms of a Fortune 500 company are included.

I

InsurTech

26 items

2020 Top 25 US P&C Insurers based on Gross Written Premiums in 2019, per NAIC

American International Group Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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American International Group Rank

Latest American International Group News

AIG hires Donna Pearlman to lead Reinsurance Operations

Nov 29, 2021

Reinsurance News Global insurer and reinsurer, American International Group, Inc. (AIG), has added Donna Pearlman to the newly created role of Reinsurance Operations Lead. In her new role, Pearlman takes on responsibility for reinsurance at AIG, reporting to Gerald Yeung, Global Head of Ceded Re Placement Operations. She joins the re/insurer after running her own business, D.P Consulting Company, LLC, for more than two decades, where she wrote, and reviewed treaty reinsurance contracts written in multiple languages on an independent contract basis for some of the world’s largest carriers, brokers, and law firms. During her career in the industry, Pearlman has worked at Sompo International, National Re / Gen Re, Munich Re, and also Reliance National Insurance Company. Commenting on her new role, Pearlman said: “When this opportunity arose I knew it was the position and company for me and the place I wanted to go next in my career after running my small business for over twenty years and prior to that working for National Re/Gen Re, Munich Re and Reliance. “I’m so excited to join this amazing company I have always admired.”

American International Group Investments

34 Investments

American International Group has made 34 investments. Their latest investment was in BridgeBio Pharma as part of their Series D on January 1, 2019.

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American International Group Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

1/23/2019

Series D

BridgeBio Pharma

$299.2M

No

3

11/14/2018

Private Equity

Fortitude Re

Yes

2

10/24/2018

Series B

Azur

$17.13M

Yes

1

9/13/2017

Series C

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$99M

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10

9/28/2016

Corporate Minority

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$99M

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10

Date

1/23/2019

11/14/2018

10/24/2018

9/13/2017

9/28/2016

Round

Series D

Private Equity

Series B

Series C

Corporate Minority

Company

BridgeBio Pharma

Fortitude Re

Azur

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Amount

$299.2M

$17.13M

$99M

$99M

New?

No

Yes

Yes

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Co-Investors

Sources

3

2

1

10

10

American International Group Portfolio Exits

17 Portfolio Exits

American International Group has 17 portfolio exits. Their latest portfolio exit was Attune Insurance on October 05, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

10/5/2021

Acquired

5

1/21/2021

Divestiture

3

6/27/2019

IPO

$991

2

00/00/0000

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10

00/00/0000

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10

Date

10/5/2021

1/21/2021

6/27/2019

00/00/0000

00/00/0000

Exit

Acquired

Divestiture

IPO

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Companies

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Valuation

$991

Acquirer

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Sources

5

3

2

10

10

American International Group Acquisitions

13 Acquisitions

American International Group acquired 13 companies. Their latest acquisition was Glatfelter Insurance Group on September 21, 2018.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

9/21/2018

Acquired

3

7/18/2018

IPO

$991

Acq - P2P

3

6/20/2018

Acquired Unit

3

5/24/2018

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$99M

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10

8/2/2017

Unattributed

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$991

$99M

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10

Date

9/21/2018

7/18/2018

6/20/2018

5/24/2018

8/2/2017

Investment Stage

IPO

Unattributed

Companies

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Valuation

$991

$991

Total Funding

$99M

$99M

Note

Acquired

Acq - P2P

Acquired Unit

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Sources

3

3

3

10

10

American International Group Fund History

6 Fund Histories

American International Group has 6 funds, including AIGGRE Europe Real Estate Fund II.

Closing Date

Fund

Fund Type

Status

Amount

Sources

3/22/2019

AIGGRE Europe Real Estate Fund II

$588.7M

1

3/22/2019

AIGGRE Europe Real Estate Fund II LR Feeder

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$99M

10

3/22/2019

AIGGRE Europe Real Estate Fund II GI Feeder

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$99M

10

1/16/2019

AIGGRE U.S. Real Estate Fund III AHNU Feeder

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$99M

10

1/16/2019

AIGGRE U.S. Real Estate Fund III

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$99M

10

Closing Date

3/22/2019

3/22/2019

3/22/2019

1/16/2019

1/16/2019

Fund

AIGGRE Europe Real Estate Fund II

AIGGRE Europe Real Estate Fund II LR Feeder

AIGGRE Europe Real Estate Fund II GI Feeder

AIGGRE U.S. Real Estate Fund III AHNU Feeder

AIGGRE U.S. Real Estate Fund III

Fund Type

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Status

Amount

$588.7M

$99M

$99M

$99M

$99M

Sources

1

10

10

10

10

American International Group Partners & Customers

10 Partners and customers

American International Group has 10 strategic partners and customers. American International Group recently partnered with Safeco, and Heritage Insurance Holdings on June 6, 2020.

Date

Type

Business Partner

Country

News Snippet

Sources

6/29/2020

Partner

Safeco, and Heritage Insurance Holdings

United States

Heritage Announces Agreement with AIG Private Client Group and Safeco

Bruce Lucas , Heritage Insurance Holdings , Inc. 's Chairman and CEO , said , `` We 're excited to partner with Safeco on this opportunity and look forward to developing relationships with new agents and providing a seamless transition for policyholders .

2

6/29/2020

Vendor

Heritage Insurance Holdings

United States

Heritage Announces Agreement with AIG Private Client Group and Safeco – Heritage Insurance

Bruce Lucas , Heritage Insurance Holdings , Inc. 's Chairman and CEO , said , `` We 're excited to partner with Safeco on this opportunity and look forward to developing relationships with new agents and providing a seamless transition for policyholders .

1

5/19/2020

Vendor

Duck Creek Technologies

United States

AIG moves to standardize policy administration globally with Duck Creek OnDemand

AIG selected Duck Creek OnDemand , the provider 's SaaS solution for the P&C and general insurance industry as its global standard .

3

5/11/2020

Partner

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10

12/24/2019

Partner

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10

Date

6/29/2020

6/29/2020

5/19/2020

5/11/2020

12/24/2019

Type

Partner

Vendor

Vendor

Partner

Partner

Business Partner

Safeco, and Heritage Insurance Holdings

Heritage Insurance Holdings

Duck Creek Technologies

Country

United States

United States

United States

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News Snippet

Heritage Announces Agreement with AIG Private Client Group and Safeco

Bruce Lucas , Heritage Insurance Holdings , Inc. 's Chairman and CEO , said , `` We 're excited to partner with Safeco on this opportunity and look forward to developing relationships with new agents and providing a seamless transition for policyholders .

Heritage Announces Agreement with AIG Private Client Group and Safeco – Heritage Insurance

Bruce Lucas , Heritage Insurance Holdings , Inc. 's Chairman and CEO , said , `` We 're excited to partner with Safeco on this opportunity and look forward to developing relationships with new agents and providing a seamless transition for policyholders .

AIG moves to standardize policy administration globally with Duck Creek OnDemand

AIG selected Duck Creek OnDemand , the provider 's SaaS solution for the P&C and general insurance industry as its global standard .

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Sources

2

1

3

10

10

American International Group Service Providers

2 Service Providers

American International Group has 2 service provider relationships

Service Provider

Associated Rounds

Provider Type

Service Type

Acquired

Investment Bank

Financial Advisor

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Service Provider

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Associated Rounds

Acquired

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Provider Type

Investment Bank

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Service Type

Financial Advisor

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Partnership data by VentureSource

American International Group Team

114 Team Members

American International Group has 114 team members, including current Chief Executive Officer, President, David Armstrong.

Name

Work History

Title

Status

David Armstrong

Chief Executive Officer, President

Current

Toni Ferrier

Chief Executive Officer

Current

Mary Jane Fortin

Chief Executive Officer, President

Current

Jim Mallon

Chief Executive Officer, President

Current

Michael Price

Chief Executive Officer

Current

Name

David Armstrong

Toni Ferrier

Mary Jane Fortin

Jim Mallon

Michael Price

Work History

Title

Chief Executive Officer, President

Chief Executive Officer

Chief Executive Officer, President

Chief Executive Officer, President

Chief Executive Officer

Status

Current

Current

Current

Current

Current

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