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GlobalAs a multinational <strong>com</strong>pany, you could rely on a single global policy. This would be issuedin your country to cover home office operations plus your worldwide subsidiaries.Global policy benefits:• Centrally assess your risks and coverage• Provide consistency to global operations,relative to terms, conditions and limitationsGlobal policy considerations:• May not accept local coverage• Claims handling may suffer without local claims staff• Local employees/management may be susceptibleto local litigation and regulatory action• Potential tax ramificationsGlobal6
Controlled Master ProgramControlled Master Program links local policies in various countries with a global policy fromthe home country of your business. This structure delivers the benefits of locally issued policiesas well as the advantage of central coordination and control.Controlled Master Program policy benefits:• It acts as a backstop for local policies• Can cover claims not covered(due to exhausted local limits)• Protection from risk in countries withoutlocal insurance• Able to fix problems on the spot• Deliver premium savings over individuallypurchased policiesControlled Master Program policy considerations:• Takes time to prepare and establish program• Local claims paid locally by <strong>AIG</strong> office• Better handling of client-servicing needs• Better tracking and resolution of policy delaysControlledMaster Program7
Page 1 and 2: A guide to the world ofAIG Multinat
Page 3 and 4: AIG. Your partner at homeand across
Page 5: LocalSome small to mid-size multina
Page 9 and 10: Six considerations for a program de
Page 17 and 18: AIG Controlled Master Program lifec
Page 25 and 26: Japan:earthquakeandtsunamiAustralia
Page 27 and 28: American International Group, Inc.
Page 29 and 30: International ClaimsProduct Profile
Page 31 and 32: How to Build a Multinational Progra
Page 41: AIG Property Casualty175 Water Stre

fully interactive pdf - AIG.com

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