Article: AIG eBusiness Risk Solutions Introduces New Identity Theft Insurance Coverage Enabling Businesses to Provide Customers With Protection for Online Privacy Risks.

Business Editors

NEW YORK--(BUSINESS WIRE)--Oct. 8, 2001

AIG eBusiness Risk Solutions, a division of the American International Companies, has introduced AIG Personal Internet Identity Coverage (PIIC)*, a new insurance policy designed to help businesses and other organizations address the online privacy concerns of consumers by offering reimbursement of financial losses and legal assistance in the event of identity theft.

"The increased occurrence of reported identity theft and hacking incidents has increased consumer apprehension about the online exchange of personal information," said Gretchen Hayes, President, AIG eBusiness Risk Solutions. ...

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