AIG Travel Guard Breaks Ground on New Headquarters Today in Stevens Point

STEVENS POINT, Wis., June 6 /PRNewswire/ -- AIG Travel Guard employees
celebrated the official groundbreaking of their new worldwide headquarters
this morning and were joined by a number of local Stevens Point and Portage
County leaders, as well as executives from AIG's New York headquarters. The
ceremony marked the official start of construction on the new 125,000
square-foot AIG Travel Guard world headquarters building, located in the
Northeast corner of Interstate 39 and County Highway HH intersection.
The new building will house over 750 current and future AIG Travel Guard
employees from Stevens Point and surrounding areas. "We are very, very proud
to be part of this wonderful organization," said John Noel, CEO of AIG Travel
Guard. "And we are very proud that AIG is investing in our company and our
community. AIG appreciates the quality, professionalism and enthusiasm of the
AIG Travel Guard employees we have here. That's why we are breaking ground
for a new headquarters right here in Stevens Point, Wisconsin."
Steve Gold, President and Chief Executive Officer, AIG Accident & Health,
said that AIG Travel Guard, "has built an impressive reputation for customer
service." He added that the new building, "will support not only the growing
business of AIG Travel Guard, but will also provide critical support for other
AIG operations throughout the world."
In addition to the traditional groundbreaking with shovels, a time capsule
containing historic Travel Guard mementos was presented for the building's
cornerstone.
Construction on AIG Travel Guard's world headquarters is scheduled for
completion in June 2009. The building is being designed to be an
environmentally responsible and healthy place to work.
"The building will incorporate many sustainable elements designed to
minimize environmental impact, and reduce the depletion of resources including
energy, water and raw materials," explained Jeff Rutledge, President, AIG
Travel, Inc. "We will be good stewards of the environment and follow strict
guidelines to ensure that our new building receives LEED certification." The
LEED(R) (Leadership in Energy and Environmental Design) Green Building Rating
System is the U.S. Green Building Council's national standard for developing
high-performance, sustainable buildings.
TOLD Development, a Midwest firm that developed the Crossroads Commons
Retail Center, located at the southeast quadrant of I39 and CTH HH in Plover
will construct and own the facility. Local company, Ellis Stone Construction,
will provide design, construction management and general construction services
for the project.
AIG Travel Guard is one of America's leading providers of travel insurance
plans for more than 6 million travelers each year. Travel insurance plans
through AIG Travel Guard are distributed by more than 12,000 travel agents
across the United States.
AIG Travel Guard is a wholly owned subsidiary of AIG Travel, Inc., a
member company of American International Group, Inc. (AIG). 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.
Contact:
Dan McGinnity/Carol Mueller
AIG Travel Guard
dan.mcginnity@aig.com
carol.mueller@aig.com
715.345.1041 ext 14850/13050

SOURCE AIG Travel Guard

Dan McGinnity, ext. 14850, dan.mcginnity@aig.com, or Carol Mueller, ext.
13050, carol.mueller@aig.com, both of AIG Travel Guard, +1-715-345-1041