AIG and Hamilton to create SME joint venture

American International Group (AIG) has signed a memorandum of
understanding with Brian Duperreault's Hamilton Insurance Group
and its fund manager Two Sigma Investments to form an insurance
platform for the small to medium-sized enterprise market.
In an announcement today (26 April), Hamilton said that the
North American joint venture would combine the expertise of both
carriers with Two Sigma's science and technology platform and
would use predictive analytics to deliver pricing and
servicing.