AIG

AIG Life has launched whole of life policy meaning the insurer previously known as Ageas Protect now offers a complete range of protection policies.

Darren Spriggs, managing director of AIG Life has said that he will stay on to ensure the transition of the business to a new team after announcing his resignation.

Darren Spriggs, managing director of AIG Life and Jane Dale, finance director at AIG Life have both resigned, the company has announced.

AIG Life has announced it paid out 90.2% of critical illness (CI) and children's CI protection claims and 92.2% of life insurance claims in 2014.

In part two of three videos, managing director Darren Spriggs provides further detail on the new policies that AIG Life, formerly known as Ageas Protect, is launching later on in the year.

Ageas Protect has changed its name to AIG Life Limited and will from today present itself as AIG.

In part one of three videos, AIG Life's managing director Darren Spriggs tells COVER about AIG's purchase of Ageas Protect, Ageas Protect's rebranding to AIG Life and what advisers need to know about the changes.

Ageas Protect has seen ‘better than planned' full year results with new business premiums increasing.

Ageas has completed its sale of Ageas Protect Limited for £197m to American International Group (AIG).

Ageas Protect has said it will launch a whole of life policy with a long-term care component in 2015.