08:42 AM
AIG Excess Casualty Introduces Paperless Policy Issuance Service
AIG Excess Casualty, (New York) a unit of AIG Commercial Insurance, will introduce AIG eDelivery, an Internet-based system that enables electronic issuance of its excess casualty policies and endorsements. According to the insurer, AIG eDelivery speeds issuance of new policies and endorsements, making policy documents available to brokers online the next business day after issuance. The system also allows insurance brokers to track submissions; organize and archive policies and endorsements; and easily share policy documents electronically with their clients.
The new system reportedly has the potential to save approximately five tons of paper annually and to reduce yearly CO2 emissions by approximately 15,500 pounds. Earlier this year, AIG Commercial Insurance announced that it was using AIG eDelivery to bring paperless ease and efficiency to policies issued by its AIG Executive Liability subsidiary.
Peggy Bresnick Kendler has been a writer for 30 years. She has worked as an editor, publicist and school district technology coordinator. During the past decade, Bresnick Kendler has worked for UBM TechWeb on special financialservices technology-centered ... View Full Bio