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Advantec and AIG – protecting your business
Workers’ Compensation coverage is crucial to your company, in order to protect your
business’s liability. Advantec offers Workers’ Compensation coverage through an
accredited and respected partner, AIG®.
Through Advantec and AIG, you can protect your company from the repercussions of
lawsuits as a result of an on-the-job accident, injury, occupational disease, or
fatality. Without Workers’ Compensation coverage, in the event of a claim, your
company could face stop-work orders, fines, and injunctions. Additionally, without
proper coverage, all business and personal assets could be exposed as reparation
for damages.
Advantec provides the expertise to help you manage your company’s risk assessment
needs. The skilled support you can rely on extends from plan design, negotiation,
pricing and administration, to actuarial expertise and includes risk management
consulting and workers’ compensation claims management. This allows businesses like
yours to streamline, save time and money, and drive down loss costs related to employee
workplace injuries, which can significantly increase your overall profitability.
Advantec uses a specialized information system, Aon®/RiskLabs, which is typically
only available to large corporations, but is available to Advantec clients and integrated
with our PeopleSoft® HR platform. With this technology, we are able to calculate
loss data and provide our clients with many valuable analytics for their business.
About AIG
American International Group, Inc. (AIG) is the world's leading international insurance
and financial services organization, with operations in more than 130 countries
and jurisdictions. AIG member companies serve commercial, institutional and individual
customers through the most extensive worldwide property-casualty and life insurance
networks of any insurer. In the United States, AIG companies are the largest underwriters
of commercial and industrial insurance.
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