AIG Strengthens Its Global Property and Casualty Underwriting Office
06 June 2019 - 6:45AM
Business Wire
American International Group, Inc. (NYSE: AIG) today announced
leadership appointments that strengthen its Global Chief
Underwriting Office by adding seasoned underwriters with deep
expertise in global property and casualty underwriting. Kean
Driscoll has been appointed Global Chief Underwriting Officer for
Property and Agriculture, General Insurance. Alexander Baugh has
been appointed Global Chief Underwriting Officer for Casualty and
Financial Lines, General Insurance. These appointments are
effective immediately.
In these new global underwriting leadership roles, Mr. Driscoll
and Mr. Baugh will work with General Insurance’s global
underwriting organization and regional business teams to align
underwriting with AIG’s overall risk appetite and engage with
clients and distribution partners on profitable growth
opportunities. Mr. Driscoll and Mr. Baugh will report to Tom Bolt,
Global Chief Underwriting Officer, AIG General Insurance, and will
continue to serve on the General Insurance Executive Leadership
Team.
“These leadership appointments strengthen our focus on
underwriting excellence,” said Peter Zaffino, President and CEO,
AIG General Insurance, and Global Chief Operating Officer, AIG. “I
look forward to continuing to work with Kean and Lex in their new
roles as we expand our capabilities for our clients and
partners.”
A founding member of Validus, most recently Mr. Driscoll served
as CEO of Validus Re. Mr. Baugh has spent his 35-year career at
AIG, and most recently served as President and CEO of North America
General Insurance.
In connection with Mr. Driscoll’s new role, Jeff Clements has
been appointed Chief Executive Officer of Validus Re, effective
immediately. Mr. Clements previously served as Chief Underwriting
Officer of Validus Re.
American International Group, Inc. (AIG) is a leading global
insurance organization. Building on 100 years of experience, today
AIG member companies provide a wide range of property casualty
insurance, life insurance, retirement products, and other financial
services to customers in more than 80 countries and jurisdictions.
These diverse offerings include products and services that help
businesses and individuals protect their assets, manage risks and
provide for retirement security. AIG common stock is listed on the
New York Stock Exchange.
Additional information about AIG can be found at www.aig.com |
YouTube: www.youtube.com/aig | Twitter: @AIGinsurance
www.twitter.com/AIGinsurance | LinkedIn:
www.linkedin.com/company/aig. These references with additional
information about AIG have been provided as a convenience, and the
information contained on such websites is not incorporated by
reference into this press release.
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20190605005935/en/
Matt Gallagher (Media): 212-458-3247;
matthew.gallagher2@aig.comLiz Werner (Investors): 212-770-7074;
elizabeth.werner@aig.com
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