New York — AIG Executive Liability SM, a division of the New York-based property/casualty insurance subsidiaries of American International Group Inc. (AIG), announced AIG PrivateEdge Plus SM, a package policy of seven management and professional liabilities products allowing private companies to purchase multiple coverages in one complete package.

AIG PrivateEdge Plus responds to an increased customer demand for expanded coverage, which includes: directors and officers and private company liability insurance, employment practices liability insurance, fiduciary liability insurance, fidelity liability insurance, miscellaneous professional liability insurance, employed lawyers’ professional liability insurance, and kidnap and ransom/extortion insurance.

AIG PrivateEdge Plus allows companies to be selective when choosing coverage they need while using a single policy, and provides a simplified submission, quoting and binding process (one simple online application form). Additionally, the product allows customers to share or separate limits, and to align expiration dates on any or all of the seven products to further streamline the process.

Source: AIG

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