Is Your Nanny A Druggie? Let AIG Find Out

NU Online News Service March 1, 3:22 p.m. EST?Worried whether your maid will steal the silver or your baby nurse will choke the child? If you're an American International Group Inc. policyholder, the insurer will investigate their background.

The New York-based company's Private Client Group, a division of its property and casualty insurance subsidiaries, announced a loss-prevention initiative that provides policyholders employing domestic staff with access to background investigations, at no cost.

AIG said Kroll Inc.'s Background Screening Group, a leading provider of employee and vendor screening services, will conduct the investigations.

AIG Private Client Group, which focuses exclusively on personal insurance solutions and risk management services for high net worth individuals, said it initiated the venture with Kroll's Background Screening Group as part of its ongoing directive to help protect the safety and assets of its policyholders.

Gary Raphael, vice president and director of risk management services, AIG Private Client Group, said the goal is "to minimize threats to the families we serve while reducing their overall cost of risk."

Mr. Raphael said "background checks are an important step in enhancing the safety of family members and personal possessions. This new offering allows our insureds to feel comfortable about the integrity of potential candidates and hire domestic staff with confidence."

Once written permission to conduct a background investigation has been obtained from the current or prospective employee, Kroll can offer an AIG Private Client Group policyholder pertinent information on that individual, including: a search for federal, state or county criminal record; verification of identity and address history; confirmation of educational background; verification of complete employment history and professional licensure.

AIG said policyholders have the ability to screen all of their U.S.-based employees, such as their nanny, housekeeper, driver, gardener, chef or home health worker.

Private Client Group said it provides comprehensive insurance products and services to help meet the unique risk management needs of high net worth individuals and their families. Its innovative products are underwritten by member companies of American International Group Inc. and are designed to enhance protection of, and minimize threats to, personal wealth and safety.

AIG Private Client Group's portfolio of insurance products includes kidnap and ransom, excess liability, homeowners, excess flood, automobile, private collections, aviation and yacht coverage.

Private Client Group also offers a range of risk management services that includes loss-prevention expertise for owners of fine homes, management of art collections and personal security consultation.

The AIG Private Client Group Web site is www.aigpcg.com.

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