According to the World Health Organization, road accidents are the number one killer of 15 to 29 year-olds around the world today and are the eighth leading cause of death globally. Road crashes already cost the world USD $518 billion a year and are rising to be the seventh leading cause of death by 2030.
AIG insures millions of personal and commercial vehicles. By using data and analytics and by having conversations with our customers, we understand more and more every day about what causes road accidents, and what we can do to help prevent them.?
AIG, AB InBev and AT&T co-founded Together for Safer Roads, an innovative coalition that brings together global private sector companies, across industries, to collaborate on improving road safety.
The coalition brings together members’ knowledge, data, technology, and global networks to focus on five areas that will make the greatest impact globally and within local communities. These focus areas align with the United Nations Decade of Action for Road Safety’s Five Pillars by developing programs to address issues in road safety management, safer roads and mobility, safer vehicles, safer road users, and post-crash response.?
AIG recently partnered with Europcar Ireland for a pilot project to determine if a “smoother” driver is a safer driver and if we could incentivize safer driving behavior. By using data from telematics devices on Europcar Ireland’s fleet, AIG was able to analyze speed, harsh acceleration and braking, and cornering speed of rental cars, and then provide renters with a smooth-driving score.
The study determined that high smooth-driving scores were linked to fewer accidents. In fact, the smart use of this data resulted in a reduction of claims by 23%.?
By harnessing data available through our Client Centric Analytics initiative, AIG was able to supply our client with information to help them make better fleet purchasing decisions. Our analytics identified the model of vehicles associated with claims that were 20 to 30% more expensive than claims involving other models.
AIG Singapore launched a program to educate children between the ages of three to five about road safety.
It’s a big world, with big opportunities. If you conduct business across borders — even in just two countries — count on AIG’s experienced foreign casualty experts, customizable packages, and service enhancements.
Protect yourself and your family from high deductibles, co-pays, and other out-of-pocket medical costs after an injury, critical illness, death by accident, or other life-changing medical emergency.
Our seasoned team of underwriters, risk consultants, and claims professionals know the U.S. trucking industry inside and out. We’ll work with you to create customized coverage solutions to address standard and specialized needs – and leverage technology to improve the safety of your drivers and the efficiency of your fleet.
Whether you’re traveling for business or leisure, a travel insurance plan through AIG can help take some of the worry out of your next trip. For more than 20 years, AIG’s Travel Guard has provided cancellation/interruption coverage, emergency medical coverage, 24/7 travel assistance services, and more.