American International Group (AIG) is an insurance company based in New York, New York. Established in 1919, the company provides insurance products and services for commercial, institutional and individual customers in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through two segments, Commercial Insurance, and Consumer Insurance. The company also provides mortgage guaranty insurance, stable value wrap products & structured settlement, terminal funding annuities and corporate & bank-owned life insurance, and guaranteed investment contracts. The company sells its products through agents, direct marketing, independent marketing organizations, financial advisors, banks, wirehouses, and broker-dealers. The assets of the company are managed by the board of directors.