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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 and AIG American General is a top-ranked life insurer.
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