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Special Section Sponsored by Target Markets Program Administrators Association AIG Programs What makes a program market leader? AIG Programs knows the answer well. With over 35 years in the program business and with current program writings exceeding $1.5 billion, AIG Programs has earned its reputation as a stable provider of a diverse range of programs—from a 27-year-old firearms dealer program to a ski resort program that is approaching its 45th consecutive year in the market. “We’ve gotten where we are today by knowing that there is no single key to success,” said AIG Programs Division Executive Sanjay Godhwani. “Rather, a unique combination of characteristics must converge for enduring market leadership.” These characteristics include: Outstanding Financial Strength. As a division of Lexington Insurance Company and other member companies of American International Group, Inc. (AIG), AIG Programs offers programs with financial stability that can be counted on for the long term. Unmatched Product Breadth. Through Lexington, AIG Programs can regularly draw on the vast product inventory and ongoing innovations of the AIG Companies. Deep Underwriting Expertise. Our program managers average more than 20 years of insurance industry experience. Their knowledge allows AIG Programs to optimally assess, manage and build programs across all industries and product lines. Exceptional Flexibility. AIG Programs writes all types of classes across virtually any lines, admitted or nonadmitted. Similar flexibility is exhibited in service. Whether clients want a third-party administrator or not, their own invoicing, or our direct billing service, AIG Programs will accommodate. “There is no one way we build programs. Only your way.” A Long View. When we say we are committed to building programs that will last, we assuredly can deliver. Our sheer size—with a portfolio spanning more than 100 programs—ensures ongoing stability and allows us to absorb adverse performance in a single program. We work closely with our program administrators to monitor a program’s performance, and we collaborate on innovative solutions to the challenges these programs face in a competitive environment. You. More than anything, quality program administrators make or break a market. We are proud to work with so many members of the Target Markets Program Administrators Association (TMPAA). We look forward to expanding our existing program administrator relationships and forging new ones. We are committed to listening to your needs and responding with the programs you need. “In appreciation, I thank all of our program administrators for your expertise, knowledge and dedication to our partnership. I offer a special commendation to TMPAA member Irwin Siegel Agency, the 2007 winner of our Dan McMahon Award for Underwriting Excellence. Together, we will unlock many more promising opportunities in the months and years ahead,” says Sanjay Godhwani. → |
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