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AIG Committed to Agents, Insureds in High-Net Worth Segment

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As one of the founding strategic partners of MarketScout's new Council for Insuring Private Clients and a major player in the high-net worth segment, AIG is focused on growing in this class of business. According to Jerry Hourihan, executive vice president of AIG Personal Lines, the carrier has about $1.2 billion in premium for this business in the U.S., and operates in eight other countries. At the CIPC's first annual conference in Dallas, Hourihan spoke about why AIG became involved with the new council and why agents and brokers should invest their time in this segment.

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