AIG Excess Casualty, a New York-based division of American International Group Inc., has announced a new online database of "real-world claim scenarios" designed to help insurance buyers and brokers in benchmarking a particular liability type, industry or limit.
The company said its brokers and clients can access the AIG xsClaims Archive at www.aigexcesscasualty.com. The Archive contains nearly 2,000 high-cost claims examples in excess of an insured's primary liability coverage from 1988 to 2004.
According to AIG Excess Casualty, the database is sorted by liability type and industry, allowing buyers and brokers to assess:
o the kind of claims prevalent in a particular industry;
o potential liability exposure of specific claims;
o the commercial umbrella policy limits of the defendant;
o the event that triggered the claim; and
o the state in which the occurrence took place.
To obtain a password, the company said, e-mail excess.casualty@aig.com or visit the Web site noted above.
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