Industry Claims Expertise
Issue: After an AIG insured’s client opted to settle its obligation surrounding a complex regulatory lawsuit, our insured continued to face ongoing legal liability and a regulatory investigation.
Solution: In collaborating with the client and utilizing AIG’s deep financial institutions claims expertise, AIG’s claims team partnered closely with outside defense counsel to successfully litigate the case.
Benefit: By prevailing at trial, the client avoided regulatory fines and penalties, upheld existing policy language, and protected its reputation.
Why is this important?
AIG’s deep understanding of financial institutions’ risks helps ensure claims are addressed strategically and efficiently.