AIG Appoints David McElroy Chief Executive Officer, General Insurance, and Executive Vice President, AIG
August 13 2020 - 9:00AM
Business Wire
American International Group, Inc. (NYSE:AIG) today announced
that David McElroy, currently President and Chief Executive Officer
of the North American operations of General Insurance, has been
promoted to Chief Executive Officer, General Insurance, and
Executive Vice President, AIG, effective immediately.
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Mr. McElroy will lead the General Insurance Executive Leadership
Team and join the AIG Executive Leadership Team, reporting to Peter
S. Zaffino, AIG’s President and Global Chief Operating Officer.
Mr. Zaffino said, “Dave has played an instrumental role in the
turnaround of our General Insurance business and the positioning of
AIG as a market leader. I am pleased to announce this well-deserved
promotion and look forward to continuing to work closely with Dave
and our world-class General Insurance leadership team as we
continue to build momentum and deliver on our strategy to achieve
underwriting excellence and profitable growth.”
Mr. McElroy said, “I am proud to lead our global colleagues in
General Insurance and build on our strong foundation. We remain
laser focused on underwriting discipline and operational
excellence, which allow us to solve complex risk issues and deliver
value to our clients, distribution partners and other
stakeholders.”
Brian Duperreault, Chief Executive Officer of AIG, said, “We are
fortunate to have a deep bench of industry veterans at AIG and I
know that with Dave at the helm, General Insurance will continue to
be in excellent hands. I want to congratulate Dave and thank Peter
for his tremendous contributions to the turnaround of General
Insurance. I know that Peter will continue to apply the same level
of discipline and rigor as he has in General Insurance and with AIG
200 as he pivots more fully to his enterprise-wide role as
President and Global Chief Operating Officer of AIG.”
Mr. McElroy joined AIG as President and Chief Executive Officer
of Lexington Insurance Company in October 2018 and was promoted to
President and Chief Executive Officer of North America, General
Insurance in June 2019. Before joining AIG, Mr. McElroy held
numerous leadership roles within the insurance industry, including
Executive Chairman of Arch Insurance Group Inc. and Vice Chairman
of Arch Worldwide Insurance Group.
American International Group, Inc. (AIG) is a leading global
insurance organization. AIG member companies provide a wide range
of property casualty insurance, life insurance, retirement
solutions, 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 jurisdictions, and coverage is subject to
underwriting requirements and 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200813005458/en/
Sabra Purtill (Investors): sabra.purtill@aig.com Shelley Singh
(Investors): shelley.singh@aig.com Claire Talcott (Media):
claire.talcott@aig.com
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