AIG supports startups with experience from the insurance sector. In that respect, AIG can provide expertise from all lines of business especially in the Financial Lines and Cyber Security segment. AIG as one of the global market leader provides access and expertise by acting as a sounding board for new InsureTech business ventures.

AIG maintains various Innovation Hubs in the USA and sponsors various accelerators. Depending on individual viability, AIG Switzerland will assist in pitching Swiss startups to our colleagues in the USA, providing access to AIG office locations across the globe.

The above offers are free of charge but will depend on availability of staff in Switzerland and Germany.

2) Preferred premium rates for AIG’s Financial Lines’ insurance products for SFS members

AIG is one of the market leaders in Directors & Officers, Professional Indemnity and Cyber insurance solutions. As part of the sponsoring, AIG offers preferred premium rates and tailor made solutions for Swiss Finance Startups members so that each ventures is properly covered from an insurance perspective.

Please note that the premium rates and terms & conditions will be subject to individual risk evaluation.

3) Development of business enhancing insurance solutions with and for financial services startups

Like startups, AIG is a specialist with innovative products, exploring business opportunities where no other venture has been looking before.

Following that spirit, AIG offers to develop new insurance products with – and for – startups. Key driver of the idea is to invent “business enhancing” insurance solutions that support the success of startup by building trust in its underlying business model.

One example is the recently developed “Crowdfunding Fidelity” solution by AIG’s London office.