American International Group (AIG) has made three executive appointments in its property casualty business division.
Robert Schimek has been named president and CEO of AIG Property Casualty’s America’s region. Schimek will relocate to New York from London, where he has been serving as president and CEO of the Europe, Middle East, and Africa (EMEA) region.
Schimek will continue to report to Peter Hancock, president and CEO of AIG Property Casualty.
Nicholas Walsh will take over Schimek as president and CEO of the EMEA region on an interim basis as AIG seek a permanent successor. He will also report to Hancock.
Finally Alexander Baugh will assume responsibility for AIG’s global casualty business. He will report to John Doyle, CEO of global commercial insurance within AIG Property Casualty.
Baugh previously held the role of chief risk officer and head of strategy for AIG Property Casualty.
Commenting on the new appointments, Hancock said: “Schimek, Walsh and Baugh represent what is most powerful about AIG: a strong bench of seasoned property casualty experts with deep product and global expertise who work closely and tenaciously to help clients and brokers embrace opportunities and face challenges all over the world.”
