American International Group Inc. has named Kim Garland as AIG Property Casualty as chief underwriting officer for global consumer insurance, transferring from his position as president and CEO of AIG’s United Guaranty Corp. (UGC).
AIG says Garland will be responsible for the consumer book of business underwriting results globally. He will establish the risk appetite and profile for the business, and work with the business lines and regions to establish and drive the strategy for each product line.
Garland will report to Jeff Hayman, CEO of global consumer insurance, says AIG. Garland joined UGC in 2009 as COO. Before that, he spent more than 20 years in the personal lines business working for Safeco and GEICO.
Donna DeMaio will succeed Garland as president and CEO of United Guaranty, reporting to Peter Hancock, CEO of AIG Property Casualty. DeMaio will be responsible for the profitability and growth of the business. Previously, she was UGC’s COO.
