AIG Appoints Chris Rash as Chief Executive Officer of Talbot Underwriting
September 10 2020 - 6:30AM
Business Wire
American International Group, Inc. (NYSE: AIG), today announced
that Chris Rash has been appointed Chief Executive Officer (“CEO”)
of Talbot Underwriting Ltd (“Talbot”), which operates within the
Lloyd's Insurance Market through Syndicate 1183. Mr. Rash has also
been appointed to the Talbot Underwriting Board. Subject to
regulatory approval of both appointments, Mr. Rash is expected to
join Talbot by January 1, 2021 and will be based in London.
Mr. Rash will report to the Talbot Underwriting Board and to Jon
Hancock, Chief Executive Officer of AIG International General
Insurance. In this role, he will oversee all aspects of Talbot’s
operations. Upon Mr. Rash’s arrival at Talbot, acting Talbot CEO,
David Morris, will be appointed Talbot’s Chief Underwriting
Officer.
Mr. Rash joins Talbot from StarStone Group, where he was most
recently interim Group CEO, having previously served as CEO of
International and Deputy Group CEO. A seasoned executive with
extensive international leadership experience in insurance and
finance, Mr. Rash joined StarStone in August 2018 as Executive
Chairman before assuming the newly created role of President in
October 2018 to lead execution and operational capabilities.
Formerly, he was Group CFO for MS Amlin plc and previously served
as Commercial Director and CFO at the National House Building
Corporation, and prior to that as Group Chief Accountant at RSA
Group.
Mr. Hancock said: “I am pleased to welcome Chris to Talbot. His
significant international leadership experience in insurance and
finance ideally suit him to serve as CEO of Talbot. I look forward
to supporting Chris’ leadership at this pivotal time, as we
continue to position AIG’s businesses at Lloyd’s to deliver
innovation and sustained profitable growth.”
Mr Rash said: “I am delighted to join Talbot and its talented
team of colleagues at this moment of profound opportunity in the
insurance industry. I look forward to positioning Talbot to provide
unique expertise and strategic value to our clients and
stakeholders.”
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20200910005493/en/
AIG: Sabra Purtill (Investors): +1-212-770-7074;
sabra.purtill@aig.com Hannah Scott (Media): +44 20 7954 7289;
hannah.scott@aig.com
Talbot: Graham Keast: +44 20 7550 3773;
graham.keast@talbotuw.com
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