AIG global exec lands head post at Allied World

Insurance leader jumps ship as former employer overhauls management structure

Insurance News

By Louie Bacani

A former international executive of industry giant AIG has resurfaced, landing a UK-based leadership role at Allied World.
 
Robert Kuchinski, AIG’s previous global property executive for Europe, the Middle East and Africa, has joined Allied World as senior vice president and head of international property.
 
Kuchinski started in his new job in London just this month, according to his Linkedin profile.
 
He departed from AIG in December 2015 after serving in his most recent role for more than two years.
 
At AIG, Kuchinski was also the head of energy and engineered risk, global property for nearly five years and the global energy industry practice leader for over two years.
 
Kuchinski left AIG at a time when the company was slashing numerous divisional leadership roles across its property, casualty and financial lines businesses.
 
In January, the company announced an overhaul of its management model to improve transparency, accountability and operating performance improvement throughout the organization.
 
AIG said that its new structure, composed initially of nine business units within the commercial and consumer segments, will decentralize decision-making.
 
The reorganization will also allow AIG to retain and grow the businesses or sell the non-profitable units.
 
“With these actions, AIG has taken another major step in simplifying our organization to be a leaner, more profitable insurer, while continuing to return capital to shareholders and improve shareholder returns,” said company president and CEO Peter Hancock.
 
 
Related stories:
AIG hit by more than 50% profit slump
AIG to be rocked by lowest second quarter profit since financial crisis
Allied World hires London casualty leader from Zurich
 

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