New York — American International Group Inc. (AIG) promoted three executives with a combined 50 years with the company to key positions in its Foreign General insurance operations.
The company appointed Alexander Baugh managing director of AIG UK Limited and Regional President of Foreign General’ s UK/Ireland Division. He is responsible for the general insurance operations of American International Underwriters (AIU) in the UK and Ireland, based in London. AIU is AIG’ s international property-casualty insurance organization. Baugh succeeds Daniel Glaser, who left to pursue another opportunity.
Baugh joined AIU in 1983 as a financial lines underwriter. He subsequently held successive positions with AIU in New York, London and Paris, and was most recently president of AIG Europe, S.A., and president of AIU’s Continental European Region. He also held various positions in AIG’s Domestic Brokerage Group.
AIG Senior VP Julio Portalatin will succeed Baugh as president of AIG Europe, S.A., and president of AIU’ s Continental European Region, based in Paris. Previously, Portalatin served as president of the AIU Accident and Health Division since 2002. Prior to that, he served in New York as president of AIU Personal Lines Division; in Mexico as AIU Latin America Division Regional VP and GM of Seguros Interamericana, S.A., AIG’s Mexican property/casualty insurance company; and in New York as AIU Latin America Division executive VP. He joined the AIG companies in 1993 as a Lexington Insurance Co. VP. He was elected VP, Foreign General Insurance of AIG in 2001, and senior VP in January 2007.
Jose Hernandez, who is currently COO of AIU's Accident & Health Division, will succeed Portalatin as president. Hernandez joined AIG in 1994 as commercial lines manager of AIG's Seguros Interamericana, S.A., in Mexico. He was named VP, AIU Latin America Division in 1997 and later GM of AIG Mexico Seguros Interamericana, S.A., in 1998. He was named senior VP, AIU Accident & Health, in 2001 and, in 2003, moved to Japan where he was Far East Regional VP, AIU Accident & Health Division.
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