Thursday, June 20, 2024

AIG Taps AWS as Its Preferred Public Cloud Provider

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SEATTLE and NEW YORK — The global insurer American International Group (AIG) is making AWS its preferred public cloud provider. 

AIG is undergoing a large-scale digital transformation with AWS as part of its “AIG 200” strategy, according to AWS last month.

“AIG 200” aims to improve core business processes, modernize technology infrastructure and services, and create a culture of innovation. 

The enterprise-wide initiative will use AWS technologies for underwriting, product portfolio optimization, and enhanced customer experiences for AIG’s 90 million policyholders.

“AWS provides us with the deep portfolio of services we need to streamline our global operations and continuously innovate for our customers,” said Peter Zaffino, president and CEO, AIG. 

“AIG’s work with AWS is integral to our business transformation that will help us become a more nimble, efficient, and unified company. Moving the majority of our workloads off legacy platforms to the cloud enables us to seize new market opportunities quickly, enhance security, and become even more responsive to our customers’ needs.”

AIG began its digital transformation with AWS in 2017. AIG’s further adoption of AWS’s portfolio of cloud services will “accelerate” in 2021 and 2022, with the expanded corporate relationship and AIG’s engagement of AWS Professional Services.

“AIG is a forward-thinking and client-centric business, and AWS is excited to help them innovate with the next 100 years in mind,” said Frank Fallon, VP of Financial Services, AWS.

“AIG has embarked on a transformation and growth strategy using AWS to help the company deliver better service for its customers, create long-term value for its shareholders, and quickly innovate secure, compliant new services.”

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