AIG Risk Management (AIGRM), a member of AmericanInternational Group, Inc. (AIG), has launched a new suite of insurancecoverages and risk management services designed to meet the uniqueneeds of the temporary staffing industry.* With access to the fullrange of products available from the member companies of AIG, AIGRM isable to serve temporary staffing firms of all sizes and provideinsurance and risk management solutions tailor-made to fit theirspecific risk profile.
The National Association of Temporary and Staffing Servicesreports that the temporary staffing industry is the thirdfastest-growing services business in the United States, currentlyemploying more than 2.5 million men and women in virtually everybusiness sector. By sending employees on assignments to clientcompanies, temporary staffing firms risk significant exposure tovarious forms of liability. For more than 10 years, AIGRM has beenhelping temporary staffing clients design integrated risk managementprograms while building specialized knowledge of the difficulties andissues these firms face.
"As the temporary help industry continues its growth, it isimportant for us to provide the greatest level of protectionpossible," said Louis Iglesias, President, AIG Risk Management. "Atthe same time, we are committed to offering unmatched flexibilitythrough innovative program structures and collateral options to moreefficiently meet our diverse clients' needs."
Further, the dedicated professionals at AIGRM work together withtemporary staffing clients to establish loss control and safetyprograms aimed at improving interview and background check processes,screening clients, and developing training programs that assistemployees in recognizing and avoiding workplace hazards. As a result,insureds can mitigate losses, control workers' compensation costs andremain competitive in attracting and retaining quality employees andclients.
AIGRM's claims experts offer: expertise in financialinvestigations to identify fraudulent claims; training for clients'risk managers to help them recognize common fraud indicators; on-sitevisits where losses occur; implementation of medical cost containmentpolicies and; assistance with setting up and funding return-to-workprograms.
For more information on AIGRM's Temporary Staffing program, pleasecontact David Schwartz, VP of Strategic Marketing, AIGRM, at (212)458-2584 or David.Schwartz@aig.com.
American International Group, Inc. (AIG), world leaders ininsurance and financial services, is the leading internationalinsurance organization with operations in more than 130 countries andjurisdictions. AIG companies serve commercial, institutional andindividual customers through the most extensive worldwideproperty-casualty and life insurance networks of any insurer. Inaddition, AIG companies are leading providers of retirement services,financial services and asset management around the world. AIG's commonstock is listed in the U.S. on the New York Stock Exchange and ArcaEx,as well as the stock exchanges in London, Paris, Switzerland andTokyo.
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