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AIG American General Acquires Matrix Direct, Inc., a Leading Direct Marketer of Life Insurance, from Protective Life Corporation.

Publication: Business Wire
Publication Date: 28-FEB-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
HOUSTON -- American General Life Insurance Company, a wholly owned subsidiary of American International Group, Inc. (AIG), announced today that it acquired Matrix Direct, Inc., a leading direct marketer of term life insurance, from Protective Life Corporation. Matrix Direct will become part of the domestic life insurance operations of AIG, which operate under the marketing name "AIG American General."

Matrix Direct, headquartered in San Diego, California, was founded in 1995, acquired by Protective...

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