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Over the last 10 months we have introduced the Major Accounts and Corporate Accounts segments to the MEMSA region. The introduction of these two segments was designed to focus our efforts as a company to providing superior service and value to our customers by addressing their concerns in the form of efficient, competitive priced programs with world class claims service and aligning our vision with that of our market.
The major accounts segment will design specific programs for complex risks including corporations with multi national exposures by creating programs that can be managed and controlled from one location. These programs will adhere to local regulatory and legal requirements in each of the locations where the corporation has operations. The Major Accounts segment will manage high volume and complex claims and work closely with this client base to identify trends in an effort to implement loss control measures to facilitate a stronger company-side risk management program.
The corporate account segment will address the high volume middle market segment of business in the region by providing them with simple turn key solutions that provide multi line coverage opportunities and efficient servicing standards to manage the client's expectations. As part of the corporate account segment we will look to develop innovative products to address local exposures or those exposures inherent in specific industries. These competitively priced programs will allow us to provide simple and complete risk management solutions to a segment of the business that typically does not have dedicated risk management resources.
The concept of segmentation has a proven track record throughout the business world. It allows us to focus our efforts on providing the best service, coverage and claims to our clients throughout the MEMSA region and set standards in our drive to be the dominant commercial lines underwriter.
Best regards,
Ziad D. Kubursi
Regional Vice President
AIG MEMSA, Inc.
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