American International Group Review

American International Group Inc. (AIG) is a world leader in insurance as well as, financial services that serves more than 70 million clients across the world. The company for many years has managed to remain confident in their strategy to leverage their financial strength and global franchise that continue to enable growth in both emerging and developing markets.

The vision of the company is to be the world's first choice provider of insurance and financial services, in every corner of the world, whereas its mission is achieved through innovation, world citizenship, partnership and integrity (AIG, 2007). AIG Kenya Insurance Co. Ltd. has custom made products and serves commercial, institutional, and individual customers through widespread international property-casualty networks of its kind. In addition, AIG companies are principal providers of life insurance and retirement services in the United States. Its products and services are divided into Individual products and Business products.

For instance, individual products include individual insurance such as accident and health. AIG covers damages resulting from accidents for example car wrecks, accidents arising from work, machinery and all other forms of accidental occurrences which may dismember a person insured or assured. Accidental Death and Dismemberment Insurance from AIG helps offset the financial burdens family's face in the event of injury or death in an accident.

Review the types of Investment products offered by the company The company is also known to have services that are investment oriented in that they offer guided portfolio services (GPS). They help in the management of investments outside the customer's workplace retirement plan. Under this GPS investment product, there are two options often available to the clients, the first is GPS portfolio advisor which helps guide the clients towards managing their own portfolio at the end of it.

The other option is the GPS portfolio manager and this works well for those who would rather have someone else do the entire management for them as they busy themselves with other things (American International Group, 2014). Sections 3 The company is known to inspire loyalty and commitment from the employees through its training of the employees to get acquainted with the products and driving the company towards success.

The fact that the company came through the financial crisis stronger unlike other companies that faced closure makes it a darling of many clients and inspires confidence due to stability and reliability in terms of job stability. In 2013, the company rolled out a long-term incentive plan to reward the managers who helped the company repay its $182.3bullion rescue.

This incentive plan was to run for three years ending in 2015 and has been widely seen as way of not only remunerating the managers at the company but also to motivate them towards achieving more for the company in the future and in essence make more profit for the company towards better stability after the recess of 2008 that saw the company seeking bailouts (Buhayar N., 2013). Apart from the remuneration aspect which is competitive, the organization also has a way of motivating the employees.

In an interview, one of the CEOs indicated that one of the significant ways through which AIG motivates the employees is through ensuring the employees believe that the organization will not be messed up any soon and also say what you mean to do and do it. He also indicated that their employees are aware that they are in the best working place and that their work is respected and it is allowed to do provocative things and they will get support from the management (Liu B., 2013).

According to Glassdoor, (2014) the compensation packages that AIG give are average for the skilled labor that they hire and.