AIG Selects AWS as Its Preferred Public Cloud Provider
01 December 2021 - 1:00AM
Business Wire
Global insurance giant taps the world’s leading
cloud to drive business transformation, increase operational
efficiency, and accelerate innovation in the cloud
Today, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc.
company, (NASDAQ: AMZN), announced that American International
Group, Inc. (NYSE: AIG), a leading global insurance company, has
selected AWS as its preferred public cloud provider. The global
insurance provider chose AWS for its proven reliability, security,
and comprehensive set of cloud capabilities. AIG is undergoing a
large-scale digital transformation with AWS as part of its “AIG
200” strategy that aims to improve core business processes,
modernize technology infrastructure and services, and create a
culture of innovation. The enterprise-wide initiative will use AWS
technologies to deliver underwriting excellence, product portfolio
optimization, and enhanced customer experiences for AIG’s 90
million policyholders worldwide.
“AWS provides us with the deep portfolio of services we need to
streamline our global operations and continuously innovate for our
customers,” said Peter Zaffino, President and Chief Executive
Officer, AIG. “AIG’s work with AWS is integral to our business
transformation that will help us become a more nimble, efficient,
and unified company. Moving the majority of our workloads off
legacy platforms to the cloud enables us to seize new market
opportunities quickly, enhance security, and become even more
responsive to our customers’ needs.”
AIG began its digital transformation journey with AWS in 2017.
AIG’s adoption of AWS’s broad portfolio of cloud services will
accelerate in 2021 and 2022 with the expanded relationship and
AIG’s engagement of AWS Professional Services.
“AIG is a forward-thinking and client-centric business, and AWS
is excited to help them innovate with the next 100 years in mind,”
said Frank Fallon, Vice President of Financial Services at Amazon
Web Services, Inc. “AIG has embarked on a transformation and growth
strategy using AWS to help the company deliver better service for
its customers, create long-term value for its shareholders, and
quickly innovate secure, compliant new services. Leveraging AWS’s
global infrastructure, unparalleled portfolio of cloud services,
and financial services expertise, leading insurance companies like
AIG can become more agile and efficient to deliver industry-leading
products and customer experiences.”
About Amazon Web Services
For over 15 years, Amazon Web Services has been the world’s most
comprehensive and broadly adopted cloud offering. AWS has been
continually expanding its services to support virtually any cloud
workload, and it now has more than 200 fully featured services for
compute, storage, databases, networking, analytics, machine
learning and artificial intelligence (AI), Internet of Things
(IoT), mobile, security, hybrid, virtual and augmented reality (VR
and AR), media, and application development, deployment, and
management from 81 Availability Zones within 25 geographic regions,
with announced plans for 27 more Availability Zones and nine more
AWS Regions in Australia, Canada, India, Indonesia, Israel, New
Zealand, Spain, Switzerland, and the United Arab Emirates. Millions
of customers—including the fastest-growing startups, largest
enterprises, and leading government agencies—trust AWS to power
their infrastructure, become more agile, and lower costs. To learn
more about AWS, visit aws.amazon.com.
About Amazon
Amazon is guided by four principles: customer obsession rather
than competitor focus, passion for invention, commitment to
operational excellence, and long-term thinking. Amazon strives to
be Earth’s Most Customer-Centric Company, Earth’s Best Employer,
and Earth’s Safest Place to Work. Customer reviews, 1-Click
shopping, personalized recommendations, Prime, Fulfillment by
Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire
tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology,
Amazon Studios, and The Climate Pledge are some of the things
pioneered by Amazon. For more information, visit amazon.com/about
and follow @AmazonNews.
About AIG
American International Group, Inc. (AIG) is a leading global
insurance organization. AIG member companies provide a wide range
of property casualty insurance, life insurance, retirement
solutions, and other financial services to customers in
approximately 80 countries and jurisdictions. These 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.
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