NEW YORK, Sept. 13, 2016 /PRNewswire/-- AIG UK, the
UK arm of global insurer American International Group, Inc.
(AIG:NYSE) and global law firm Dechert LLP have partnered to offer
legal advice at no additional cost to AIG UK CorporateGuard
policyholders regarding the termination of the United Kingdom's membership of the European
Union.
Dechert will offer an initial consultation at no additional cost
to all AIG CorporateGuard clients on the impact of Brexit on
business or planning issues. This could include best practice
advice for Brexit planning, steps to mitigate risks and maximize
opportunities and the legal implications of Brexit on a particular
sector or a client's workforce.
CorporateGuard clients should contact their brokers to access
this new service. Dechert has been actively advising companies and
trade associations on identifying potential mitigation steps that
may help to minimize any risks associated with Brexit while also
maximizing opportunities. Dechert's Brexit resource page can be
found here: https://www.dechert.com/brexit/
Anthony Baldwin, Chief Executive
of AIG Europe Limited and AIG UK, said:
"We continue to innovate to mitigate potential risks for our
clients surrounding Brexit. While the outcome of negotiations
between the UK and the EU are not known, we are pleased to be able
to offer this add-on service, at no additional cost, from one of
the leading law firms in this area to give our clients additional
insight and advice."
Miriam Gonzalez, Partner and
co-chair of the firm's International Trade and Government
Regulation practice at Dechert said:
"The changing regulatory and trade landscape as a result of
Brexit is one of the main risks facing companies in the UK.
Dechert's Brexit team is a leader in this area. We help companies
to map out the impact that Brexit may have on their sector and
their firm. We also advise companies on steps to mitigate any
risks that Brexit may bring and maximize opportunities, including
how to try and shape the ongoing negotiations and new trade
agreements to their advantage."
David Kistenbroker, Partner and
Co-Leader of the white collar and securities litigation practice of
Dechert, said:
"Whether it is trade disruption between the US, UK and EU or
adverse impacts on capital markets and M&A activity, the
Dechert Brexit team is well-positioned with deep expertise to
shepherd your company through this rapidly changing regulatory
landscape."
Notes to editors
American International Group, Inc. (AIG) is a leading global
insurance organization. Founded in 1919, today we provide a wide
range of property casualty insurance, life insurance, retirement
products, mortgage insurance and other financial services to
customers in more than 100 countries and jurisdictions. Our diverse
offerings include products and services that help businesses and
individuals protect their assets, manage risks and provide for
retirement security. AIG common stock is listed on the New York
Stock Exchange and the Tokyo Stock Exchange.
Additional information about AIG can be found at www.aig.com and
www.aig.com/strategyupdate | YouTube: www.youtube.com/aig |
Twitter: @AIGinsurance | LinkedIn:
http://www.linkedin.com/company/aig. These references with
additional information about AIG have been provided as a
convenience, and the information contained on such websites is not
incorporated by reference into this press release.
AIG is the marketing name for the worldwide property-casualty,
life and retirement, and general insurance operations of American
International Group, Inc. For additional information, please visit
our website at www.aig.com. All products and services are written
or provided by subsidiaries or affiliates of American International
Group, Inc. Products or services may not be available in all
countries, and coverage is subject to actual policy language.
Non-insurance products and services may be provided by independent
third parties. Certain property-casualty coverages may be provided
by a surplus lines insurer. Surplus lines insurers do not generally
participate in state guaranty funds, and insureds are therefore not
protected by such funds.In Europe,
the principal insurance provider is AIG Europe Limited.
About Dechert
Dechert is a global specialist law firm focused on sectors with
the greatest complexities and highest regulatory demands. We
deliver practical commercial insight and judgment to our clients'
most important matters. Nothing stands in the way of giving clients
the best of the firm's entrepreneurial energy and seamless
collaboration in a way that is distinctively Dechert.
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SOURCE Dechert LLP