Young, who was most recently professional risks manager at NZI, replaces Ryan Clark, who left AIG in April to take up the role of national manager liability, also at NZI.
Young, who has 15 years of liability experience, will also bring an extensive network of market relationships to AIG, the company said. She will start in early November.
Another key appointment within the team is Jodie Symons, who is AIG’s new professional indemnity/cyber team leader and comes from QBE.
Symons is due to start in the coming weeks and brings UK insurance market experience including a background across many professional indemnity lines, including construction.
The other three appointments come from within the company.
Joanna Quigan has been promoted to senior underwriter professional indemnity, having been part of the AIG financial lines team for over three years as an underwriter in the PI/Cyber team.
Prior to joining AIG she was a broker at both Marsh and Aon specialising in liability lines including PI.
Josh Hunter is relocating from AIG in Melbourne and joining the NZ financial lines team in October as a senior underwriter for PI and PrivateEdge.
Hunter joined AIG in 2009 in Melbourne as a senior account executive in multinational and in 2012 he moved to the financial lines team as a PI/Cyber and PrivateEdge underwriter.
Finally, Paul Atherton comes to AIG NZ from the AIG commercial institutions team in London, and will lead the AIG NZ commercial institutions team while Ella Owen is on maternity leave.
The company said Atherton’s experience in the London market handling complex risks, multinational placements, and product development would position AIG to lead the New Zealand market for directors and officers and commercial crime insurance.
Jason Kelly, head of financial lines for Asia Pacific, said he was excited to welcome all five to the team.
“The New Zealand financial lines team has a tremendous amount of opportunity to rapidly grow a profitable portfolio that supported the needs of clients.
“Their combined experience and enthusiasm, together with the skills and commitment of our existing financial lines team members, complements our value proposition in the market and will deliver increased value to our clients and brokers,” he said.
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