AIG Introduces Blackboard, New Brand Name for Its Data Enabled, Digital Subsidiary Focused on Transforming Commercial Insurance
October 30 2017 - 4:15PM
Business Wire
American International Group, Inc. (NYSE:AIG) today introduced –
BlackboardSM, the new brand name and logo for its
technology-focused subsidiary, formerly operating under the
Hamilton USA brand. AIG completed the acquisition of Hamilton USA
on October 2, 2017.
This press release features multimedia. View
the full release here:
http://www.businesswire.com/news/home/20171030006208/en/
Blackboard GIF
Blackboard’s vision is to reimagine and transform commercial
insurance through digital technology, data analytics, and
automation. The name represents a clean slate and alternative
solution for those in the industry who want to work together to
leave behind the burden of inefficient, manual processes and
outdated systems. The company will help clients and brokers move
faster and with more insight so that they can focus on what’s
important: relationships, building business, and reinvesting for
growth.
“Our name acknowledges that there will be many advances in data
and technology, and Blackboard will be the place where our people,
clients, and brokers collaborate continuously to find better ways
of doing business and to transform the insurance experience,” said
Seraina Macia, Chief Executive Officer of Blackboard U.S. Holdings,
Inc. “Blackboard is a key part of AIG’s strategy to grow our
business with the greatest competitive advantage and ability to
serve our clients, today and into the future.”
Blackboard will operate as a start-up in the effort to modernize
the industry, while backed by the resources of AIG. The platform is
expected to launch by the second half of 2018, providing an
integrated, digital, end-to-end commercial insurance
experience.
Additional information about Blackboard, including job
opportunities, is available on www.blackboardinsurance.com.
Forward Looking
Statements:
Certain statements in this press release constitute
forward-looking statements. These statements are not historical
facts but instead represent only AIG’s belief regarding future
events, many of which, by their nature, are inherently uncertain
and outside AIG’s control. It is possible that actual results will
differ, possibly materially, from the anticipated results
contemplated by these statements. Factors that could cause actual
results to differ, possibly materially, from those in the
forward-looking statements are discussed throughout AIG’s periodic
filings with the Securities and Exchange Commission pursuant to the
Securities Exchange Act of 1934.
# # #
American International Group, Inc. (AIG) is a leading global
insurance organization. Founded in 1919, today AIG member companies
provide a wide range of property casualty insurance, life
insurance, retirement products, and other financial services to
customers in more than 80 countries and jurisdictions. These
diverse offerings include products and services that help
businesses and individuals protect their assets, manage risks and
provide for retirement security. AIG common stock is listed on the
New York Stock Exchange and the Tokyo Stock Exchange.
Additional information about AIG can be found at www.aig.com |
YouTube: www.youtube.com/aig | Twitter: @AIGinsurance
www.twitter.com/AIGinsurance | LinkedIn:
www.linkedin.com/company/aig. These references with additional
information about AIG have been provided as a convenience, and the
information contained on such websites is not incorporated by
reference into this press release.
AIG is the marketing name for the worldwide property-casualty,
life and retirement, and general insurance operations of American
International Group, Inc. For additional information, please visit
our website at www.aig.com. All products and services are written
or provided by subsidiaries or affiliates of American International
Group, Inc. Products or services may not be available in all
countries, and coverage is subject to actual policy language.
Non-insurance products and services may be provided by independent
third parties. Certain property-casualty coverages may be provided
by a surplus lines insurer. Surplus lines insurers do not generally
participate in state guaranty funds, and insureds are therefore not
protected by such funds.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20171030006208/en/
American International Group, Inc.Media:Matt Gallagher,
212-458-3247matthew.gallagher2@aig.comorJessica McGinn,
212-458-4215jessica.mcginn@aig.comorInvestors:Liz Werner,
212-770-7074elizabeth.werner@aig.com
American (NYSE:AIG)
Historical Stock Chart
From Mar 2024 to Apr 2024
American (NYSE:AIG)
Historical Stock Chart
From Apr 2023 to Apr 2024