HOUSTON--(BUSINESS WIRE)--American General Activity Allowance Company, a wholly endemic accessory of American All-embracing Group, Inc. (AIG), appear today that it acquired Matrix Direct, Inc., a arch absolute banker of appellation activity insurance, from Protective Activity Corporation. Matrix Absolute will become allotment of the calm activity allowance operations of AIG, which accomplish beneath the business name “AIG American General.”
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Matrix Direct, headquartered in San Diego, California, was founded in 1995, acquired by Protective Activity in 1999, and currently has 166 employees. Matrix Absolute is accountant in 49 states and the District of Columbia, and has had a acknowledged bureau accord with AIG American General back 2003.
Commenting on the acceding to access Matrix Direct, AIG American General President and Chief Executive Officer Matt Winter said, “Matrix Absolute is a able accompaniment to our already ample administration arrangement of absolute producers, career agents, banks, wire houses, absolute broker-dealers and added third parties. As allotment of AIG American General, Matrix Absolute will accept assorted opportunities to alter its markets and artefact sets – accession the business for accelerated near-term growth.”
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Mr. Winter additionally acclaimed that Ron Harris, President of Matrix Direct, will absorb his appellation afterward the accretion and will address to Rick Hollar, Chairman and Chief Executive Officer of the Activity Profit Center and Absolute Administration for AIG American General.
“Matrix Absolute has been our admired accomplice back 2003, and we are actual admiring to acceptable Ron, his administration aggregation and all of the Matrix Absolute advisers to the able alignment we accept congenital at AIG American General,” said Mr. Hollar. “We accept that AIG American General’s accomplishment arete and leading-edge processing accumulated with Matrix Direct’s direct-marketing ability is a compound for our approaching success.”
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AIG American General is the business name for the companies absolute the calm activity operations of American All-embracing Group, Inc., including American General Activity Allowance Company. AIG American General companies action a ample spectrum of activity insurance, annuity, advance and blow and bloom articles to serve the banking and estate-planning needs of its barter throughout the United States.
American All-embracing Group, Inc. (AIG), apple leaders in allowance and banking services, is the arch all-embracing allowance alignment with operations in added than 130 countries and jurisdictions. AIG companies serve commercial, institutional and alone barter through the best all-encompassing accepted property-casualty and activity allowance networks of any insurer. In addition, AIG companies are arch providers of retirement services, banking casework and asset administration about the world. AIG's accepted banal is listed on the New York Banal Exchange, as able-bodied as the banal exchanges in London, Paris, Switzerland and Tokyo.
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Matrix Absolute is a arch absolute banker of appellation activity insurance. Headquartered in San Diego, California, the aggregation was founded in 1995, was acquired by Protective Activity in 1999, and currently has 166 employees. Matrix Absolute is accountant in 49 states and the District of Columbia, and has had a acknowledged bureau accord with AIG American General back 2003.
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