Critical to growth and shareholder value was pioneering access to rapidly growing emerging markets. Cloonan's department played a leading role in building and executing creative strategies that ultimately provided the company access to over half the world's population.
In 1992, AIG won the first 100% foreign owned license to establish operations in China.
AIG was awarded the first foreign license to establish a joint venture.
AIG was awarded the first license to a US company to operate in that country.