AIG global marine and energy, a division of the property and casualty insurance subsidiaries of American International Group (AIG), has established the AIG global alternative energy practice.
The practice will service the insurance, risk management and loss control needs of US based alternative energy clients, including organizations engaged in biofuel, hydroelectric, geothermal, solar and wind operations. Rick Gibbons, executive vice president of AIG Global Marine and Energy is leading the practice, reporting to Ralph Mucerino, AIG vice president and president of AIG global marine and energy.
Gibbons commented: “The global alternative energy practice aligns our intellectual capital and expertise to enable the AIG companies to underwrite non-traditional risks presented by alternative energy clients.”