AIG to create HNW MGA as it looks for volatility solution
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AIG to create HNW MGA as it looks for volatility solution

Adam McNestrie, 
Aisling Finn
February 14, 2023
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AIG has entered into a binding memorandum of understanding with Stone Point Capital to form an independent MGA to serve high-net-worth (HNW) markets, as it takes a dramatic step to address the volatility this business has brought.

AIG’s private client group (PCG) business will move to this new independent platform and be rebranded as private client select insurance services (PCS).

There

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NewsAIGHigh net worth
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