The deal lets AIG expand its reach for online sales of auto and homeowners insurance provided by AIG member companies in select Latin American countries.

The agreement will enable customers in Argentina, Brazil, Chile, Mexico, Venezuela and Colombia to obtain quotes and apply for auto and homeowners insurance online. Financial arrangements between the companies were not disclosed. Online quotes and applications will be operational by the end the first quarter, the companies said.

"This agreement furthers AIG's commitment to capitalizing on electronic commerce to enhance distribution, attract new customers and service existing customers worldwide, "said Martin J. Sullivan, AIG executive vice president for Foreign General Insurance.

AIG member companies write property, casualty, marine, life and financial lines insurance in approximately 130 countries and jurisdictions.

Founded in 1997, ZonaFinanciera.com is a provider of online personal financial products and services in Latin America and the U.S. Hispanic market, Spain and Portugal.