AIG Risk Management, a unit of AIG Commercial Insurance, has announced several enhancements to support its higher education, real estate, healthcare, and temporary staffing industry initiatives in the US.

In support of AIG higher education risk solutions, AIG Risk Management’s (AIGRM) commercial risk division has refined its commercial auto product to offer borrowed car coverage. The coverage addresses the needs of colleges and universities that may have liability arising out of borrowed vehicles, especially under athletic programs or booster clubs, where local dealerships donate vehicles for school use and the standard auto liability form does not otherwise cover the liability under these arrangements.

AIGRM’s commercial risk division has also enhanced its general liability policy to include care, custody and control coverage for storage facility companies. Offered through AIG real estate solutions, the coverage, which is typically excluded from general liability policies, covers damage to the personal property of storage unit renters.

AIG real estate solutions will also begin offering specialized general liability coverage for security guard firms. This coverage provides bodily injury and property damage coverage for loss arising out of the failure to render professional services or when the use of reasonable force to protect a person or property is necessary. The enhancement also provides an additional occurrence limit for damage to property in the care, custody and control of the security firm.

As part of AIG healthcare solutions, AIGRM’s commercial risk division will provide a new, comprehensive suite of loss control services for its workers’ compensation customers.

AIGRM commercial risk division’s AIG temporary staffing solutions is also enhancing its loss control services by offering access to an independent firm that will perform applicant background checks at preferred rates to its workers’ compensation clients. Pre-employment background checks can often assist a company in selecting the right employee.

Christopher McKeon, executive vice president of AIG risk management, said: AIGRM commercial risk is dedicated to bringing to its customers innovative and specialized services and coverages to help them best manage their insurance exposures. AIGRM commercial risk will continue to review the unique aspects of various industries and develop products with our customers in mind so as to continually stay current with their insurance needs.