AMERICAN LIFE INSURANCE COMPANY (K) LTD

By Steve Biko / Published March 3, 2015 | 3:35 am

The company has since become the second largest general insurance operation in the country. It responds to all general insurance needs of the business community as well as the public at large. The Company prides itself on its responsiveness and innovation in the field of general insurance. AIG Kenya’s product line covers all the conventional areas of insurance as well as some unconventional business areas such as Pension Trustee Liability and Sabotage, Terrorism, Product Tamper and Recall risks.

The range of Insurance products sold by AIG Kenya includes:

* Property
* General Liability
* Personal Accident
* Travel
* Directors & Officers
* Contractors All Risks
* Erection All Risks
* Marine Cargo
* Events Cancellation
* Professional Indemnity
* Motor
* Employer’s Liability
* Workmen Compensation
* Computers
* Bankers’ Blanket Bond and Bonds

The main distribution channels of the company are brokers and agents. The Mombasa office operates as a branch for AIG Kenya.

American International Group, Inc. (AIG) is the world’s leading international insurance and financial services organization, with operations in more than 130 countries and jurisdictions. AIG member companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In the United States, AIG companies are the largest underwriters of commercial and industrial insurance and AIG American General is a top-ranked life insurer. AIG’s global businesses also include retirement services, financial services and asset management. AIG’s financial services businesses include aircraft leasing, financial products, trading and market making. AIG’s growing global consumer finance business is led in the United States by American General Finance. AIG also has one of the largest U.S. retirement services businesses through AIG Sun America and AIG VALIC, and is a leader in asset management for the individual and institutional markets, with specialized investment management capabilities in equities, fixed income, alternative investments and real estate. AIG’s common stock is listed in the U.S. on the New York Stock Exchange and AcraEx, as well as the stock exchanges in London, Paris, Switzerland and Tokyo.

VISION
To be the preferred provider of world-class insurance solutions in the region.

MISSION STATEMENT
To be the leading provider of innovative insurance solutions and superior service through professional and entrepreneurial staff for the satisfaction of our customers while guaranteeing sound financial security and shareholder value.