Introduction

Purpose of Report

      This report will analyze the information systems used by AIG in their Premium Life insurance operations, including the use of their "TeamConnect" system. Our group will examine the industry structure, discuss the business strategy used by AIG, and examine how the bank uses the specific information system to accomplish their strategy.  Recommendations will also be provided on how AIG can further improve their information systems.

Company Background

American International Group, Inc. (AIG) is a holding organization for a system of backups fundamentally occupied with protection and protection related exercises, including property, setback, life, budgetary administrations, retirement investment funds items, resource administration, and air ship renting. AIG works in more than 130 nations and locales, and its joined incomes make it the biggest U.S.- based universal protection association and one of the biggest protection firms on the planet. AIG is the main financier of business and modern protection in the United States and holds the number two position in the U.S. life coverage part. The partnership, whose soonest establishes were in Asia, has had a dynamic history of mergers, acquisitions, and solidification's, and under the prestigious stewardship of Maurice R. "Hank" Greenberg from the late 1960s into the mid 21st century the organization has developed into a worldwide protection Goliath.

TeamConnect

TeamConnect is what it names says: it allows members of a team to speak to each other. There are many ways of doing that, but TeamConnect makes it easy and interesting even when the members of the team are scattered around the globe. It uses VoIP and the Internet to connect people through servers. TeamConnect enables all of your departments to be the best-run function in your organization. By consolidating all critical functions and integrating with your daily technologies and processes, TeamConnect provides the single source of truth for your departments.