New York — American International Group Inc. (AIG) named several executives to positions within the new AIG Commercial Insurance Group, formerly known as the Domestic Brokerage Group. AIG Commercial Insurance is part of the newly created AIG Property Casualty.
Michael Smith was named president of AIG Executive Liability, reporting to John Doyle, EVP of the AIG Property Casualty Group and president of AIG Commercial Insurance Group. Smith was formerly president of AIG Financial Lines Claims. He joined AIG in 1996 as division counsel in AIG Executive Liability's Professional Liability Division. He subsequently served as EVP and chief underwriting officer before being promoted to president of the professional liability division.
Louis Iglesias was named chairman and CEO of AIG Risk Management Group, also reporting to Doyle. Under Iglesias, AIG Risk Management Group will now include AIG Specialty Workers' Compensation, which serves small- and mid-market size businesses, and was formerly a division of AIG's American Home Assurance Company. Iglesias has served in senior level positions within AIG Risk Management, including EVP and COO. He also has served as SVP of national accounts for AIG's Domestic Brokerage Group. Mr. Iglesias was named president of AIG Environmental in 2004 and president of AIG Global Risk Management in 2005.
Russell Johnston was named president of AIG Risk Management, and will continue to report to Iglesias. Since 1990, Johnston has held increasingly senior positions in AIG Risk Management, including division president of national accounts and president of domestic risk management.
Douglas Worman, domestic brokerage group zonal executive for the greater New York region, was appointed president of the newly named AIG Excess Casualty Group, combining the existing operations of AIG Excess Casualty, which provides commercial umbrella and excess casualty liability insurance, and AIG Warranty. He will also report to John Doyle. Prior to his assignment in the New York region, Worman held underwriting and management positions in AIG Executive Liability including division president of the commercial directors & officers liability unit, which included national and commercial accounts.
John O'Brien, COO and EVP of AIG Environmental, was appointed president of AIG Environmental. O'Brien will continue to report to Joseph Boren, chairman and CEO of AIG Environmental. O'Brien joined the AIG companies in 1992 and has served as EVP and SVP of AIG Environmental's Commercial and Middle Market divisions.
Susan Clarke was appointed EVP and COO of AIG Domestic Accident & Health, reporting to Steve Gold, president and CEO of AIG Domestic Accident & Health. Clarke joined the AIG companies in 1996. She has served in underwriting and management positions in American International Underwriters and AI Life, most recently SVP of Specialty Markets for the Accident & Health Division.
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