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Supplier Diversity

AIG proactively seeks out diverse-owned enterprises and provides opportunities for these businesses to participate in the bidding and procurement process.

Our Supplier Diversity Policy

Our supplier diversity program seeks to foster a more inclusive supply chain, by partnering with leading diversity organizations and councils, participating in corporate social responsibility efforts, and engaging diverse suppliers in our procurement efforts as part of AIG's Corporate Marketplace commitment.

Through the inclusion and utilization of suppliers that reflect the market, clients, and communities we serve, AIG has access to the widest possible selection of diverse suppliers, innovative solutions and alternatives that support our journey to build a best-in-class supplier diversity program.

Diverse-owned businesses are defined as U.S.-based, for-profit enterprises that are at least 51% owned, operated, and controlled by one, or more, of the following groups:

  • Disability-Owned Business Enterprise (DOBE)
  • Lesbian, Gay, Bisexual, Transgender and Queer (LGBTQ+)
  • Minority-Owned Business Enterprise (MBE)
    • African American
    • Asian (includes Asian Indian)
    • Hispanic/Latinx
    • Native American (includes Native Pacific Islander, Eskimo)
  • Women–Owned Business Enterprise (WBE)
  • Service-Disabled Veteran-Owned Business Enterprise (SDVBE)
  • Veteran-Owned Business Enterprise (VBE)

AIG requires that all diverse-owned businesses provide certification of their diverse-ownership status through a third-party agency. We recognize certifications from the following organizations/entities:

  • Disability:IN
  • Minority Supplier Development Council UK (MSDUK)
  • National Gay and Lesbian Chamber of Commerce (NGLCC)
  • National Minority Supplier Development Council (NMSDC)
  • National Veteran Business Development Council (NVBDC)
  • National Veteran-Owned Business Association (NaVOBA)
  • U.S. Pan Asian American Chamber of Commerce (USPAACC)
  • WEConnect International
  • Women’s Business Enterprise National Council (WBENC)

Note: includes regional affiliations, state, and local government agencies

Tier 2 Spend consists of payments made to certified diverse-owned businesses for the purchase of goods and services, used directly or indirectly, in support of a non-diverse supplier. Typically, the reporting period begins on the first business day after the end of each quarter. From there, you have approximately four weeks to report your diverse business spending.

Being an ally to small businesses

AIG’s Pat Patterson talks about how AIG is an ally to small businesses and the diverse communities they support.

Have Questions?

If you have questions about our Supplier Diversity Program or how to register.

* Completion of the registration process does not guarantee that a company will receive a contract or request to bid, nor does it confer any preferred supplier status. Information provided will be treated in a confidential manner and will be subject to all reasonable safeguards against disclosure.