AIG appoints Driscoll and Baugh to new global underwriting leadership roles
American International Group (AIG) has appointed Kean Driscoll as global chief underwriting officer for property and agriculture, general insurance, and Alexander Baugh to the new role of global chief underwriting officer for casualty and financial lines, general insurance.
Additionally, the company has appointed Jeff Clements as chief executive officer (CEO) of Validus Re, effective immediately. He previously served as chief underwriting officer of Validus Re.
In their new global underwriting leadership roles, Driscoll and Baugh will work with general insurance’s global underwriting organisation and regional business teams to align underwriting with AIG’s overall risk appetite and engage with clients and distribution partners on profitable growth opportunities.
Both the executives will report to Tom Bolt, global chief underwriting officer, AIG General Insurance, and will continue to serve on the general insurance executive leadership team.
Driscoll is a founding member of Validus and most recently served as CEO of Validus Re. He has spent his 35-year career at AIG, and most recently served as president and CEO of North America general insurance.
Baugh was most recently CEO of AIG's general insurance operations in North America - a role that has recently been taken over by David McElroy.
“These leadership appointments strengthen our focus on underwriting excellence,” said Peter Zaffino, president and CEO, AIG General Insurance, and global chief operating officer, AIG. “I look forward to continuing to work with Kean and Lex in their new roles as we expand our capabilities for our clients and partners.”
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