Nationwide hires AIG workers compensation exec

The company’s newly hired vice president of workers compensation, who held top positions at AIG, will oversee a $460 million book of business in his new role

Workers Comp

By Louie Bacani

A 37-year industry veteran who held senior executive roles at AIG has joined major insurer Nationwide to lead the company’s workers compensation division.
 
Larry Corsi joined Nationwide on March 14 as vice president of workers compensation and will oversee a $460 million book of business.
 
“We are thrilled to have Larry join the Nationwide family,” said Mike Lex, senior vice president of commercial lines. “He brings a wealth of expertise to our workers compensation business.” 
 
Corsi was previously a senior vice president at Patriot Underwriters, where he assisted in the acquisition of workers compensation carrier partners, their profitability and growth. 
 
He spent most of his career at AIG, where he led multiple segments and functions within the company’s mono-line workers compensation division and was the executive vice president for commercial insurance and senior vice president and executive vice president for specialty workers compensation.
 
Corsi also worked at Cigna and held top roles including vice president of underwriting for property and casualty insurance.

His experience at AIG and previous companies includes both strategic and hands-on execution in all aspects of underwriting, marketing, policyholder service, loss control, claims and premium audit.

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