Today I moderated a webinar about the fallout from the American International Group debacle featuring three major insurers–one of which was AIG!–put on by the Risk and Insurance Management Society. With AIG in the spotlight and the sharks smelling blood in the water, the pressure was on the AIG rep to reassure nervous buyers that the carrier is sound, safe and secure despite the hub-bub over the $85 billion federal bailout of its corporate parent.


For the first 20 minutes or so, the webinar was little more than an infomercial for the three participating carriers, with FM Global and Zurich joining AIG to discuss “Risk Management Strategies In An Unsettled Financial Market.”

I don't blame the trio for delivering a sales pitch for their respective carriers, given that the marching orders from RIMS was to discuss what assurances they could give policyholders regarding the stability of their companies, as well as lay out why risk managers should be comfortable placing or renewing coverage with them.

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