Lexington Insurance Company Introduces Lex Infrastructure Solutions(SM)

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Tue Jan 22, 2008 9:30am EST

New Suite of Products and Services Designed for Bridge, Street and
  Road Contractors, Part of AIG's Construction Solutions(R) Practice
NEW YORK--(Business Wire)--Lexington Insurance Company, an American International Group
company, today announced Lex Infrastructure Solutions, a suite of
insurance coverages tailored for contractors performing bridge and
road work in the United States.

   Lex Infrastructure Solutions is a modular suite of coverages
designed for bridge, street and road contractors with annual revenues
up to $150 million, or for projects with construction costs up to $150
million. The coverages, provided by Lexington and other member
companies of AIG as part of AIG's Construction Solutions Practice, can
include primary and excess liability insurance as well as builder's
risk, architects and engineers professional liability, contractors
professional liability, railroad protective liability, workers'
compensation and auto liability insurance.

   "States and municipalities have a long and costly challenge ahead
to repair and rebuild many of the nation's bridges," said Thomas
Grandmaison, Vice President, Lexington Insurance Company. "Lex
Infrastructure Solutions is designed to provide the insurance
protection contractors need when undertaking projects that will keep
America's infrastructure strong."

   Lex Infrastructure Solutions' primary general liability and excess
casualty insurance is provided on an annual term or a project-specific
basis, with aggregate project limits up to $50 million or more,
subject to underwriting. The broad primary liability coverage can
include project-specific professional liability insurance and rip &
tear coverage. Lex Infrastructure Solutions policyholders can also
take advantage of risk management services, including legal contract
reviews provided by an independent law firm experienced and qualified
in the area of construction contract review. These contract review
services will assist policyholders identify, mitigate and manage (by
contract terms and otherwise) covered risk exposures. The worker's
compensation program may also provide access to The AIG RiskTool
System(R), an online loss prevention and risk management platform.

   To learn more about Lex Infrastructure Solutions, contact Tom
Grandmaison at 617-345-4130 or thomas.grandmaison@aig.com.

   American International Group, Inc. (AIG), a world leader in
insurance and financial services, is the leading international
insurance organization with operations in more than 130 countries and
jurisdictions. AIG companies serve commercial, institutional and
individual customers through the most extensive worldwide
property-casualty and life insurance networks of any insurer. In
addition, AIG companies are leading providers of retirement services,
financial services and asset management around the world. AIG's common
stock is listed on the New York Stock Exchange, as well as the stock
exchanges in Paris and Tokyo.

American International Group, Inc.
Peter Tulupman, 212-770-3141
Public Relations Manager

Copyright Business Wire 2008
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