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AIG - About the company

AIG is a public company based in New York City (United States), founded in 1919. It operates as an Internet first provider of life, health, accident & travel insurance services. AIG has raised an undisclosed amount in funding. The company has 114 active competitors, including 6 funded and 33 that have exited. Its top competitors include companies like Lemonade, Progressive Insurance and Allstate.

Company Details

AIG is an American multinational insurance corporation with more than 88 million customers in 130 countries. AIG companies employ over 64,000 people in 90 countries. The company operates through three businesses: AIG Property Casualty, AIG Life and Retirement and United Guaranty Corporation (UGC). AIG Property Casualty provides insurance products for commercial, institutional and individual customers. AIG Life and Retirement provide life insurance and retirement services in the United States. UGC focuses on mortgage guaranty insurance and mortgage insurance. AIG also focuses on global capital markets operations, direct investment and retained interests. In 2022, the company recorded annual revenues of $51.42B and a net profit of $6.05B.
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Key Metrics
Founded Year
1919
Location
New York City, United States
Stage
Public
Ranked
Employee Count
27,793 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

AIG's IPO details

AIG got listed on Sep 18, 1987.
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AIG's funding and investors

AIG has raised funding over 1 round. Its latest funding round was a Conventional Debt round on Feb 13, 2018 for $*****. 1 investor participated in its latest round. AIG has 4 institutional investors.

Here is the list of recent funding rounds of AIG:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 13, 2018
4052276
Conventional Debt
4401605
3792275
9326651
5667931
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AIG's founders and board of directors

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AIG's employee count trend

AIG has 27,793 employees as of Sep 26. Here is AIG's employee count trend over the years:
Employee count trend for AIG
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AIG's Competitors and alternates

Top competitors of AIG include Lemonade, Progressive Insurance and Allstate. Here is the list of Top 10 competitors of AIG, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Lemonade
Lemonade
2015, New York City (United States), Public
Provider of various insurance policies including car, pet, home, and life
$644M
83/100
2nd
Logo for Progressive Insurance
Progressive Insurance
1937, Mayfield Heights (United States), Public
Internet first provider of life, health, auto, home, and business insurance services
-
71/100
3rd
Logo for Allstate
Allstate
1931, Chicago (United States), Public
Internet first provider of life, property, auto, and business insurance services
-
-
70/100
4th
Logo for AIG
AIG
1919, New York City (United States), Public
Internet first provider of life, health, accident & travel insurance services
-
70/100
5th
Logo for Aflac
Aflac
1955, Columbus (United States), Public
Internet first provider of life, vision & dental insurance services
-
62/100
6th
Logo for Amica
Amica
1907, Lincoln (United States), Early Stage
Internet first provider of life, health, home, auto, marine & business insurance services
$2M
60/100
7th
Logo for The Standard
The Standard
1906, Portland (United States), Unfunded
Internet first provider of life, disability, dental & vision insurance services
-
-
59/100
8th
Logo for Coverwallet
Coverwallet
2015, New York City (United States), Acquired
Online insurance platform for businesses
$28.3M
55/100
9th
Insurance brokerage firm
-
52/100
10th
Logo for Great American Insurance Group
Great American Insurance Group
1872, Cincinnati (United States), Acquired
Internet first provider of diversified insurance services
-
-
50/100
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AIG's Investments and acquisitions

AIG has made 30 investments in companies including Recyclekaro and Electromech Infraprojects. AIG has also acquired 6 companies including Denver Agency and Glatfelter Insurance Group.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Apr 02, 2025
Investments
2010
Navi Mumbai (India)
Jan 13, 2025
Investments
2013
Mumbai (India)
Oct 23, 2024
Investments
2010
Navi Mumbai (India)
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See all investments and acquisitions by AIG

Reports related to AIG

Here is the latest report on AIG's sector:

News related to AIG

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Media has covered AIG for a total of 105 events in the last 1 year, 41 of them have been about company updates and 26 about people movement.
•
AIG's Hancock to Retire as Head of General InsuranceInsurance Journal•Sep 17, 2026•AIG
•
AIG Appoints Oliver Dlugosch as Head of Aviation EMEAReinsurance News•Sep 14, 2026•AIG
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