AIG traces its roots to as far back as 1919, when American Cornelius Vander Starr established a general insurance agency, the American Asiatic Underwriters, in Shanghai, China. In line with the expansion program of AAU in growing territories, representatives from the team formed what had eventually become the American International Underwriters for the Philippines, which has had a presence in the country from as early as 1925.
In May 1932, AIUPI was founded and has prospered to one of the leading non-life insurers in the country. As it celebrated its 30th anniversary in the Philippine archipelago, AIUPI shortened its company name to “American International Underwriters (Philippines), Inc.
In its long history, AIG has been committed to the growth of the Philippines through wars, famines, earthquakes and financial uncertainties. AIG has never wavered from its commitment to stand behind our customers at their time of need and support the communities where we conduct business.
Our long presence in the Philippines and in Asia gives us invaluable knowledge and experience that is relevant to the industries, business environment, and needs of the country. Today, we remain as solid and strong as ever and we continue to introduce innovative insurance solutions using efficient distribution channels and processes, building capacity and providing a responsive insurance claims service.