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AIG unveils new environmental insurance portal

NEW YORK (Businesswire) — AIG Environmental, a division of the property and casualty subsidiaries of American International Group, has announced AIG Environmental Portal, an online tool designed to streamline the underwriting process and provide easy access to insurance policy information for environmental insurance policyholders with multi-site real estate portfolios.

AIG Environmental Portal will simplify tracking, searching, organising and analysing a multi-site real estate portfolio's insurance and risk information.

It can facilitate secure online collaboration which optimises insurance policy management for brokers, clients and AIG Environmental underwriters alike. Specifically, AIG Environmental Portal:

• Enables users to store, search and retrieve documents, including charts, plans, drawings, photos and pictures, related to their environmental insurance policies, including endorsements, applications, environmental reports, and development, remediation and O&M plans;

l Allows underwriters, risk managers and brokers to share and distribute information quickly and efficiently through a web-based portal available from any internet accessible computer;

l Facilitates review of policy and site submissions;

l Provides real-time information on the status of submissions, including any required "next-steps";

l Organises information and documents by account, policy and property, enabling users to quickly locate and access information; and

l Enables companies to restrict access to specific information by user, providing a secure environment for the storage and exchange of sensitive information.

"With AIG Environmental Portal, we've streamlined and expedited the process of managing environmental insurance data by making information accessible through a single system. We're also allowing users to make the most of the information at their disposal and maximise productivity by searching, retrieving and sharing particular documents in seconds," said Darin Winick, association program manager, AIG Environmental.