fully interactive pdf - AIG.com

AIG Controlled Master Program lifecyclebefore inceptionINCEPTIONAFTER INCEPTION180 – 90 days 90 – 60 days 45 – 30 days 15 – 0 days 0 – 60 days 60 – 180 days 150 – 210 days120 – 90 daysbefore expirationQuoteQuote45 to 30 daysbefore program inceptionThe CMP Insurer Producing Office (PO) analyzes requirements andgathers additional information. Multiple disciplines work on the quotedocument: Underwriters, Multinational Specialists, Local PolicyCoordinators, Claims and Loss Prevention. Local offices may becontacted for particular challenges or pre-quote loss prevention surveys.From 45 days to 30 days before inception, the CMP Insurer releasesthe quote to the Producing Broker for the Insured. The quote documentdetails the program design, exposures, coverage terms and conditions,services provided and optional services or program features. Ideally,the PO reviews the quote in person with the Producing Broker and theCorporate Client to discuss the quotation and clarify options.This Controlled Master Program lifecycle provides an estimate of the timing of an average implementation.18