What is the product?

AIG’s product offerings to support the electric vehicle (EV) industry include traditional auto coverages (property/liability/etc.) as it would for ICE vehicles, while also offering innovative solutions to support EV business models that are part of the platform/sharing economy, including: vehicle subscriptions (which can be “sponsored” by OEMs, dealerships or employers as a means of offering employee benefits); car-sharing; distributed delivery (e.g., similar to ride-sharing but parcels instead of passengers).

How does it support green outcomes?

The sales and presence of electric vehicles on the roadways across the globe continues to grow. In recent years we have seen significant upward growth year-on-year in this sector. AIG supports this growth and technology by providing traditional auto coverages as well as innovative options such as EV business models that are part of the platform/sharing economy, such as: vehicle subscriptions. These can be “sponsored” by OEMs, dealerships or employers as a means of offering employee benefits; car-sharing; distributed delivery, and more.

How does it enable customers today?

AIG is supporting the growth and transition of the global EV market through our traditional as well as innovative products and services.