American International Group Inc. launched a unit dedicated to providing insurance for the U.S. trucking market.
The unit, AIG Transportation Solutions, will be headed by Lentz Merisier, who will become AIG's director of transportation solutions, the company said Monday.
Initially the unit will offer workers' compensation, general liability, automobile liability, excess automobile liability, environmental/pollution, excess casualty, and occupational accident insurance. It will also offer property, infrastructure, and mobile property coverage to protect an insured's cargo and mitigate the financial risk of physical damage to their fleets.
The unit will have five industry focused, multiline regional underwriting teams in Los Angeles, Dallas, Chicago, Philadelphia, and Atlanta.