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AIG Insurance


With headquarters in Paris, France and Hong Kong, China, and operations in more than 130 countries, the New York City-based AIG Insurance Company is one of the largest of its kind in the world. It stands for American International Group and, according to Forbes, it is the sixth largest company in the world. If that was not enough to make it known to the world, the company has also become a sponsor of one of the most popular English football clubs, Manchester United.

However, the story of this company is one that stretches back to the early 1900s, and not only represents a fine example of entrepreneurship, but also of a man who made popular a unique business model and stuck to it. In 1919, Cornelius Vander Starr became the very first Westerner to sell insurance in Shanghai, China. After growing large enough, he then expended into Asia, Latin America, Europe and the Middle East. He could not, however, find matched success in America. >> Read More

 

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