03.07.2007
LONG BEACH, Calif. – ( March 7, 2007) – Tokio Marine, part of the $32 billion Millea Holdings, Inc., has acquired a 15 percent interest in Alliance Inspection Management (AIM), a national, independent third-party inspection company.
Founded in 1879, Tokio Marine and Nichido Fire Insurance Co. Ltd. provides a full array of insurance properties and is recognized as a global leader.
“Tokio Marine is the first of what we’re confident will be many strategic alliances with our organization,” said Jim Yates, CEO of AIM. “The anchor point of our business strategy from the beginning was to build the ‘ideal state’ – combining the latest in technology with dedicated people and the best partners.”
Designed from its inception as an alliance, AIM accepted the investment as part of its cooperative strategy with major organizations in who have a vested interest in quality inspection services and who see strategic business leverage in the platform.
About AIM
Long Beach, Calif.-based AIM is the first nationwide third-party inspection service, verifying the condition of new, off-lease and fleet vehicles and other properties at new car assembly plants, rail yards, ports, customer homes and auctions.
AIM uses web-based scheduling and logistics integrated with a customer call center to ensure efficiency and customer satisfaction. AIM inspectors in the field are equipped with Panasonic® Toughbook® notebook computers and cellular phones. The state-of-the-art equipment allows clients to cut time from the inspection process, reducing costs. AIM provides an independent, third-party alternative to auctions and contractors for vehicle evaluation.
AIM inspectors are company employees who use common software to ensure vehicles and other properties are inspected to a single standard regardless of their location. The company uses digital imaging, electronic signature capabilities and real-time, detailed reporting and assignment tracking software to provide clients with data analysis and reduce their use of paper-based systems. For more information about AIM, please visit www.AIMinspections.com. |