AIG seeks to add 600 advisors in annuities push

January 14, 2014 by Zachary Tracer

(Bloomberg) — American International Group Inc. plans to add 600 advisors in a push to increase sales of retirement products as some rivals retreat from annuities.

The insurer will increase the number of career agents at its newly named AIG Financial Network to 2,000 by 2019 from about 1,400, John Deremo, chief distribution officer for AIG Financial Distributors, said in an interview. The New York-based company is rebranding its American General career agent force and adding annuities and other retirement products to the life insurance that the advisors have traditionally sold, according to a statement today. Click here to read…

Originally Posted at LifeHealthPro on January 13, 2014 by Zachary Tracer.