AAUG Insurance Company Ltd AAUG Insurance Company Profile The Company AAUG Insurance Company, Limited, (AAUG), domiciled in the British Virgin Islands (BVI), was founded on December of 2005 per Certificate of Incorporation number 1000972. AAUG is fully licensed by the BVI regulatory authority under Insurance License number 2005CA64. The Company is privately held through AAUG Holdings, LLC of Hollywood, FL.
Key Personnel Gregor R. H. Gregory, Bachelor in International Finances from Northeastern University
of Boston, Massachusetts, began his professional career in the investment firm Fidelity Investments. At the end of the decade of the 80s, Mr. Gregory joined the insurance carrier John Alden, occupying senior management positions. Later, Mr. Gregory founded Global Risk Alternatives to underwrite Life, Accident and Health risks in the Latin American market. In 2001 Mr. Gregory became President of the American Assurance Underwriters Group, which has expanded into owning insurance companies in several different Latin markets.
Jeffrey Miller, a Bachelor in Business Administration from Drake University, majored in
actuarial science and accounting. In 1977, Mr. Miller became a Certified Public Accountant and the following year, a Member of the American Academy of Actuaries. He is a Fellow of the Society of Actuaries and of the Conference of Consulting Actuaries. Mr. Miller has worked as a consulting actuary in Life and Health insurance since his graduation, joining the famed risk and insurance consulting firm Tillinghast where he was elected a Principal in 1985. In 1990, Mr. Miller became independent, establishing his own firm. Mr. Miller is AAUG's Head Actuary and Chief Financial Officer.
Roy Alvarado holds the U.S. equivalency of a Bachelor of Business Administration
Degree with a Concentration in Insurance as certified by New York City's Hofstra University. He started his insurance career in 1977 occuping senior managerial positions
in the areas of underwriting, claims and branch management at three major insurance companies, most notably in AIG. Mr. Alvarado joined Marsh, then Johnson and Higgins, in 1995 as Operations Manager. In 1999 he was elected a Senior Vice President by the Marsh Inc. Board and selected as a member of Marsh Venezuela's board. In February 2000 Mr. Alvarado was elected a Director of the Venezuelan Chamber of Insurance Brokerages (Cavecose) and in March 2002, its First Vice President. In 2004, Mr. Alvarado became an independent consultant in corporate governance, communications and insurance and reinsurance operations. In January, 2006, he joined the American Assurance Underwriters Group, L.L.C. of Fort Lauderdale, Florida as Corporate Vice President.
Systems AAUG developed its proprietary reinsurance software based on an open source application standards and runs on various platforms. The application allows clients to manage, control and supervise their reinsurance portfolio. The system contains the following information: a. Client data b. Reinsurer/Facility information c. Business quoted d. Business materialized e. Documents issued f.
Claims information
g. Reports
The system also has the following functionalities: a. Manage new quotes b. Follow up on quotes c. Manage materialized business d. Issue documents e. Control of receipt of bordereaux f.
Control of premium payments
g. Brokerage liquidation h. Renewal lists
Producer Network AAUG's channels of distribution are composed by independent reinsurance brokers and insurance companies in the following countries in Asia, Europe, Latin America and the Middle East. Visit for more information – www.Aaug.com Source by - http://www.aaug.com/insurance.asp