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4 January 2023Insurance

AIG picks wayward industry leader for top distribution & operations post

American International Group (AIG) picked a new global head of distribution and field operations, selecting a veteran of  Marsh,  WTW and  Allstate who had veered into human capital consulting for the past five years.

Don Bailey joins after having been a partner at growth and human capital consultancy firm Bristlecone Partners since 2017. He had previously served as president of global sales at Marsh, president of Allstate B2B, chair of Allstate’s affluent personal lines unit Encompass, chairman and CEO of Willis Towers Watson North America.

AIG CEO Peter Zaffino said, “Over the last few years, we overhauled AIG’s underwriting strategy and risk management profile as we positioned AIG as a global market leader. Continuing to prioritise our value proposition to clients and distribution partners is essential as we reimagine what AIG can do in a rapidly changing environment that presents increasingly complex risks. Don brings a tremendous track record of successfully leading global businesses in the Insurance industry and achieving high quality outcomes for stakeholders. I look forward to working with Don again as we continue to focus on delivering top performing business results.”

Don Bailey said: “I am honoured to join AIG and the world-class team of professionals Peter has led through an unprecedented turnaround and transformation in our industry. This is an exciting time for the company and I look forward to contributing to the important work being done to make AIG a company that delivers consistently strong financial results, and to increase its relevance in the marketplace by providing expertise and risk solutions that help clients make informed decisions.”

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