AIG brings in new North American head

Executive makes the switch from Lockton

AIG brings in new North American head

Insurance News

By Lyle Adriano

American International Group (AIG) has selected Timothy DeSett to serve as the company’s new head of field operations, North America general insurance.

DeSett will join the company in February, reporting to chief operating officer, North America general insurance, Ken Riegler.

In his new role, DeSett will lead the development and execution of the company’s strategic and operational plans for products, segments, and geographical markets in the North America region. A release said that he will also be in charge of administering AIG industry segment leaders, broker and client engagement, branch managers, and North America zonal leaders “to drive business objectives and deliver tailored solutions for clients and distribution partners.”

“Tim brings a wealth of experience and adds to the great bench of talent at AIG,” said Riegler. “His background in distribution and underwriting, together with his proven ability to lead, will be great assets to AIG in support of our clients and business partners and as we move the company forward.”

“We are pleased to welcome Tim to AIG. He is an exceptional leader with deep insurance knowledge and industry expertise. He will be instrumental in ensuring that AIG is working closely with our clients and distribution partners to deliver specialised support and solutions,” added AIG CEO, North America general insurance Lex Baugh.

“I am excited to be joining the talented team at AIG during such a pivotal time. I look forward to working closely with Lex, Ken, and the general insurance team to build on the great work that is being done and to contribute to the profitable growth of the business,” remarked DeSett.

DeSett has more than 25 years of experience in the insurance industry. He was most recently with Lockton Companies, where he was serving as executive vice-president, risk practices. Prior to joining Lockton in 2002, was a vice-president at CNA Insurance, overseeing the structuring and distribution of alternative risk products to Fortune 1000 companies in the US.

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