SECOND ADVISEN SURVEY SHOWS THAT BROKERS ARE MORE CONFIDENT THAN RISK MANAGERS IN FINANCIAL SECURITY OF AIG COMMERCIAL INSURANCE UNITS
Advisen Ltd., the leading provider of content, analytics, and technology to the global commercial insurance industry, released a special report based on a survey of brokers following the American International Group (AIG) liquidity crisis. On the heels of a similar survey of risk managers, Advisen sought to measure brokers' confidence in AIG after the $85 billion loan by the federal government. "Wary" was how the vast majority of brokers characterized the attitude of their clients towards the unfolding situation at AIG, but with only one respondent claiming that clients are "panicked", most brokers of commercial insurance are confident in AIG after the federal loan and few are recommending clients switch from AIG.
