Cornelius Vander Starr Founder of American International Group

Biography of Cornelius Vander Starr

Early Life

Cornelius Vander Starr founder of American International Group, Incorporation was born on 15^th October, 1892 in Fort Bragg, California, United States of America. His real name was Neil Starr. His parents were from Dutch and English Backgrounds. His father worked as a railroad engineer. He came into the field of business through his venture in selling of ice cream which he started selling at the age of nineteen years.

He also joined the U. S Army for several years and after leaving the army he joined the Pacific Mail Steamship Company of Yokohama, Japan as a clerk. After that he travelled to several countries for the job of insurance businesses.

Founder of American International Group

He founded a company in Shanghai with the name of AIG in 1919 which was abbreviated as American Asiatic Underwriters. This was renamed to American International Underwriters later on and after the shift of company in New York this was further renamed to American International Group.

American International Group

American International Group is a multinational company of America in the field of insurance services. The corporate headquarters of this company is based in New York City, the United States of America, while there are some other headquarters for different countries which included London for England, La Defense, Paris for Europe, and Hong Kong for Asian countries.

This company is also known as AIG. This company is providing its services in 130 countries throughout the world with more than 88 million clients. The main function of this company is providing insurance services to its customers all-around the world. There are three main businesses of the company through which it performs its operations, first business is AIG Property Casualty, second one is AIG Life and Retirement and third one is United Guarantee Corporation.

Death

He died on 20^th December in 1968.