AIG Private Client Group Unveils Yacht Insurance

December 5, 2003

AIG Private Client Group, a division of the property and casualty subsidiaries of American International Group, Inc. (AIG), announced the introduction of yacht insurance for high net worth individuals.

AIG Private Client Group’s yacht offering provides customized coverage selections, including flexible deductible options. Additional product features include the capability to provide worldwide property and liability coverage; large limit coverage capacity; and access to AIG Private Client Group’s concierge level claim services.

Yacht insurance is part of a growing list of personalized products offered through AIG Private Client Group.

“We have responded to a significant demand for homeowners and excess liability coverage among high and ultra-high net worth clientele and will continue to provide coverage options that meet this market’s evolving insurance needs,” said Ross Buchmueller, president, AIG Private Client Group. “To this end, because many of our insureds own yachts, we are pleased to provide them with a meaningful insurance solution.”

For more information, visit the AIG Private Client Group Web site at

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