AIG Names Gaurav D. Garg CEO of Personal Insurance
01 April 2015 - 8:00AM
Business Wire
American International Group, Inc. (NYSE:AIG) today announced
that Gaurav D. Garg has been named Chief Executive Officer,
Personal Insurance. Mr. Garg returns to AIG, where he held various
personal insurance roles for 12 years before joining Mercer. He
will report to Chief Executive Officer of Global Consumer
Insurance, Kevin Hogan.
Mr. Garg will lead a strong team within Consumer Insurance and
oversee all aspects of the Personal Insurance business, including
Auto, Personal Accident, and Personal Property lines as well as
service programs including extended warranty and travel insurance
products and services.
Mr. Garg rejoins AIG from Mercer, where he has served as
President and Senior Partner, Growth Markets Region as well as a
member of the Executive Committee since 2012. He was responsible
for growing Mercer's business across 22 countries in Asia, Japan,
Middle East, Turkey, Africa, and Latin America. Mr. Garg has more
than 28 years of diverse, well-rounded, and deep global insurance
market experience.
“I’m delighted to welcome Gaurav back to AIG,” said Mr. Hogan.
“Gaurav is an insurance veteran with proven leadership skills and a
diverse global perspective. I am confident that under Gaurav’s
leadership our Personal Insurance business will continue to grow
and thrive as a critical part of Consumer Insurance and AIG.”
After first joining AIG in 2000, Mr. Garg held various
management and leadership positions across AIG’s Personal Line
insurance business. In 2007, he was named Chief Executive Officer
and Managing Director, Tata AIG. In this role, he ensured that Tata
AIG was one of the fastest growing and profitable non-life
insurance companies in India.
Mr. Garg has been a panelist and speaker at various industry
forums internationally. He holds a Masters in Business
Administration from Lucknow University and has completed the
Advanced Management Program from Wharton, University of
Pennsylvania.
American International Group, Inc. (AIG) is a leading global
insurance organization serving customers in more than 100 countries
and jurisdictions. AIG companies serve commercial, institutional,
and individual customers through one of the most extensive
worldwide property-casualty networks of any insurer. In addition,
AIG companies are leading providers of life insurance and
retirement services in the United States. AIG common stock is
listed on the New York Stock Exchange and the Tokyo Stock
Exchange.
Additional information about AIG can be found at www.aig.com |
YouTube: www.youtube.com/aig | Twitter: @AIGinsurance | LinkedIn:
http://www.linkedin.com/company/aig
AIG is the marketing name for the worldwide property-casualty,
life and retirement, and general insurance operations of American
International Group, Inc. For additional information, please visit
our website at www.aig.com. All products and services are written
or provided by subsidiaries or affiliates of American International
Group, Inc. Products or services may not be available in all
countries, and coverage is subject to actual policy language.
Non-insurance products and services may be provided by independent
third parties. Certain property-casualty coverages may be provided
by a surplus lines insurer. Surplus lines insurers do not generally
participate in state guaranty funds, and insureds are therefore not
protected by such funds.
AIGMedia:Jon Diat, 212-770-3505jon.diat@aig.comMatt Gallagher,
212-458-3247matthew.gallagher2@aig.comorInvestors:Liz Werner,
212-770-7074elizabeth.werner@aig.com
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