Short excerpt from a YouTube video (creator: Hunter Nelson) discussing AIG as a major insurer backing FedEx’s fleet. The speaker states AIG insures FedEx’s roughly 138,000 trucks and vans and describes underwriting considerations — evaluating a company’s culture, safety practices, and past claims when setting a price.
You're gonna have to find an agent who has access to them. If you guys know who AIG is. They are a monster insurance company. They. Yeah, I mean, they do the backing for FedEx. So they insure the 138,000 trucks and vans and everything FedEx has got. So, yeah, AIG is huge. This guy is going to be sitting here looking at the story. Why should I insure this guy? And based on what he's telling me about his culture and his safety and his success or claims in the past. How should I determine this price?
